European infrared detector manufacturer XenICs inaugurates volume production in Singapore
(Business News, 01 Jul 2008 )
XenICs, Europe's leading developer and manufacturer of advanced infrared detectors and customized imaging solutions covering the LWIR to the visible realm, continues its worldwide extension strategy and growth by establishing Singapore-based sInfraRed Pte Ltd. A company 100% owned by XenICs, sInfraRed is to provide comprehensive marketing, sales and support as well as volume production and customization of XenICs' products in the Asia, Australia and Middle East regions.
sInfraRed Pte Ltd., XenICs' newly established Singapore facility, will cover the full spectral range of XenICs' advanced product portfolio, not restricted to InGaAs products. sInfraRed focuses on market extension, local support, as well as lower-cost volume production and customization of products for local markets.
sInfraRed is expected to achieve significant cost reductions for XenICs' newly expanding large-volume production of advanced cameras and infrared detector solutions. The establishing of sInfraRed also is a consequence of the strong Euro currency position, which has led XenICs to explore alternative locations for the low-cost production of mainstream products to be able to better compete with USD-denominated competitors.
