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Cal-Comp Electronics sees sales up by 16% in 2003.

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| March 13, 2003 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From fnWeb.com)

fnWEB - Bangkok - March 13, 2003 - Leading electronics appliance assembler, Cal-Comp Electronics (Thailand) pcl, expects its sales to jump 16 percent in 2003, boosted by production from its new China plant, company executives said.

Cal-Comp Electronics expects revenue to climb to $870 million in 2003, Naririn Suttiprapa, the company's investor relations' official, said. Cal-Comp plans to gradually reduce its reliance on computer products, while boosting its output of telecommunication equipment, especially cellular phone handsets.

"Margins for telecom gears are apparently better than those of computer ...

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