Melexis CEO Marc Biron said on Wednesday that the company now gets more design wins in China than in Europe. "Four years ago we had more design wins in Europe than in China," Biron said. This shift shows how important the Chinese market became for the firm despite global tensions.
October 28 (Reuters) - Belgian chipmaker Melexis (MLXS.BR), opens new tab now records more design wins in China than in Europe, CEO Marc Biron said on Wednesday, underscoring the growing importance of the Chinese market for the company despite broader concerns about geopolitical tensions and supply chains.
"Four years ago we had more design wins in Europe than in China, but since two years we have had more design wins in China than in Europe," Biron said after Melexis reported record quarterly sales in China.
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