Taiwan-based New Kinpo Group, consisting of three key members Kinpo Electronics, AcBel Polytech and Thailand-based Cal-Comp Electronics, generated consolidated revenues of US$5.66 billion in 2011 and has set a challenging target of US$10 billion for 2012, according to market analysts in Taiwan.

Members of the group completed expansion of production capacities in Malaysia, Mexico and Brazil in 2011, according to group chairman Rock Hsu. Therefore, the group is expected to see its 2012 consolidated revenues grow by at least 50% from 2011, the sources pointed out.

Kinpo Electronics stepped into making electronic organs two years ago and expects to ship one million units in 2012. In addition, the company will offer smart robotic cleaners in the first half of 2012.

Source:digitimes