Apple Supplier Flextronics Boosts Focus on Automakers for Growth
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Flextronics International Ltd., a supplier of cameras and battery charges to Apple Inc., is seeking Chinese, Japanese and Korean car makers as customers to boost growth in its automotive business.
The Singapore-based company aims to double its revenue from the High Reliability Solutions group, which includes automotive, medical, aerospace and defense, every three to five years, Paul Humphries, president of the division, said in an interview in Shanghai today. Sales for each business are expected to increase between 10 percent and 20 percent annually, he said.