2017_3q_omron_e
10/27 - IAB Achievements in China (H1 Results)
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00:10:35.6
Looking more closely at IAB, which has been a key driver of our performance, we show here a slide that was included in the 1H results presentation made by CEO Yamada three months ago. We are leveraging our two key strengths, a very broad product lineup and application packages, in targeting four focus industries: Digital, Automotive, Food & Beverage and Social Infrastructure. We are proactively and directly engaging with customers under our industry focus strategy. China is an example of a market where we have enjoyed significant success as a result of this strategy. We highlighted this in our 1H presentation, indicating that as of the end of 1H, our China revenues for the four targeted industries rose 24% YoY in local currency terms.
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