Global automotive supplier and tire maker Continental AG said it plans to make the Philippines its production hub for a new satellite sensor for the Asian market as it strengthens its sales network and manufacturing operations in the region.
Continental has so far invested 197 million euros or $268 million in its two plants in the country, Plant Manila at the FTI Complex in Taguig City and Plant Calamba in Laguna, which employ a total of 1,750 people.
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