Product category:
Analogue and Mixed Signal ICs
News Release from: Wolfson Microelectronics
Edited by the Electronicstalk Editorial
Team on 21 November 2003
Wolfson expands to China and Korea
In response to a rapid increase in demand for its products into the digital consumer audio and imaging markets, Wolfson Microelectronics is opening new sales offices in China and Korea.
In response to a rapid increase in demand for its products into the digital consumer audio and imaging markets, Wolfson Microelectronics is opening new sales offices in China and Korea To support the increase in sales and design applications, the first office will open in Shenzhen, China in November 2003, followed by a second office in Seoul, South Korea in January 2004
This article was originally published on Electronicstalk on 13 Apr 2001 at 8.00am (UK)
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The new offices and subsequent boost in staff numbers will provide Wolfson's customers with extensive sales and applications support in their local language and a platform from which the Company can further develop its business in the area.
Announcing Wolfson's expansion plans, Mike Clancy VP worldwide sales said: "Over the past 12 months our business in Asia has grown rapidly.
We are opening these two offices in response to that growth and to enable us to manage the future potential in the region." He continued: "This is a very exciting time for Wolfson and I am sure the new teams in Korea and China will make a significant contribution to our future success." Wolfson's turnover increased by 108% in the year ended 31st December 2002 to GBP 22.4 million, in the six months to 30th June 2003 turnover was GBP 19.5 million.
In addition to the new offices in China and Korea, Wolfson also currently has offices in the USA, Japan and Taiwan.
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