Integrated Micro-Electronics Inc. (IMI) is confident it can achieve its $1-billion revenue target for 2016 given the rapid growth in its products for automotive, industrial and telecommunications sectors.

Jerome Tan, IMI chief financial officer, reported that IMI saw an 11-percent increase in compounded annual gross revenue over the past four years while quarterly net income has been growing about threefold in the first nine months of 2014.

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