GOTEBORG, Sweden, Sept. 5, 2005 (PRIMEZONE) -- Semcon continues to expand in China through opening an office in Beijing, as the Informatic business area develops its activities in the telecom sector.
"Establishing in Beijing is being done first of all to meet our customers' demands for efficient business offers on the Chinese market and aftermarket," reports Lars-Inge Sjoquist, President of Semcon Informatic. Together with the start-ups in the U.K. and Hungary, the new office in China reinforces Semcon's strategic moves to grow internationally.
"Expansion in Asia is part of Semcon's strategy to be located near our customers' development centres. Opening up in China will also give us a positive cost base in the future and it will enable us to improve the overall efficiency of our business offer," says Group President Hans Johansson.
For further information, please contact: Hans Johansson, President Semcon AB +46 705 914 334 Bengt Nilsson, CFO Semcon AB +46 704 472 868 Lars-Inge Sjoquist, President Semcon Informatic +46 736 840 356
Semcon is an internationally leading design and development company, with around 1,500 employees and sales in 2004 of SEK 1.3 billion. Semcon's consultants develop products, processes and people. The combination of good growth over 25 years and well-established relationships with leading industrial groups provides a strong base for continued success. Semcon AB (publ) is listed on the Attract 40-list of the Stockholm Stock Exchange and is currently active in Sweden, Australia, China, Denmark, Hungary, Malaysia, Norway and the U.K. and, via partners, in Belgium, France, Greece, the Netherlands, Philippines, Portugal and Spain.
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