IMI says core business already profitable

  • 📰 ABSCBNNews
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 83%

Business News News

Business Business Latest News,Business Business Headlines

Integrated Microelectronics, the electronics manufacturing arm of Ayala Corporation, said its core business is already profitable.

Watch more on iWantTFC MANILA -- Integrated Microelectronics, the semiconductor manufacturing arm of Ayala Corporation, said its core business is already profitable, citing normalizing supply chains and inflation. IMI CEO Arthur Tan said some of their subsidiaries had to contend with challenging conditions in the earlier part of the year.

IMI in May signed a memorandum of agreement with US-based Zero Motorcycles to manufacture electric motorcycles.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines