INEX announces strong results in 2007Tue, 4th March 2008
INEX delivered sales growth of 58% in 2007. This is 1.4 times the 41% growth reported by Yole Developpement for global MEMS contract manufacturing. In announcing this result, Ken Snowdon (Managing Director of INEX) stated "2007 was another excellent year for INEX, its fourth year of sustained growth exceeding that of the global market." Les Kennedy (CTO and Operations Director) explained "This performance was driven by strong growth in our specialist electronic devices business area, aided by the transfer to production of earlier development activity." INEX expects to maintain or exceed this growth rate in 2008.