Suzhou expansion will cut Assembly/Test costs
$200 million investment over 5 years expected to support up to $1 billion in revenues.
A/T costs in-house expected to average > 30% savings compared to using outside subcontractors.
Over 5 year period Suzhou ramp expected to improve GM’s by ᡂ pts for most products manufactured here
Overall impact to company expected to be 3-4 GM pts over 5-year period.