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UK tech provider expects 30% revenue growth in China (2)

By Wang Wen (Chinadaily.com.cn)

08:47, February 07, 2013

China is expected to conclude the first unmanned moon exploration mission in 2017, Ouyang Ziyuan, chief scientist for China's lunar probe project, said in September 2012.

"China's development in the aerospace area supports the good business of our imagining products, since it is one of the core parts for the aerospace industry," Brown said.

China's fast economic and social development gives e2v more business opportunities in other areas as well.

Radiotherapy, which is one of e2v's main divisions, has seen a 10- to 15-percent annual rise in China, Brown said.

The China market has grown fast compared to the rest of the world, due to the rapid expansion of the Chinese health and medical industry, he said.

The supplier already occupies more than 85 percent of China's market share in the radio frequency source for radiotherapy.

The growth of the Chinese market has encouraged e2v to enlarge its investment in the market.

The company announced the establishment of its first operational facility on the Chinese mainland on Monday.

The new facility, located in Zhongguancun Science Park in Beijing, will provide development technology support, production distribution, warehouse services and local products to its customers.


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Email|Print|Comments(Editor:HuangBeibei、Li Zhenyu)

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