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Heavy Industry

Tyco eyes 50% global revenues from China in 5 years
By STAFF EDITOR
Published: May 05, 2008 10:10 PM
Tyco Electronics (TEL.NY) aims to make half its global sales revenues from China within five years, CEO Tom Lynch told China Business News. Tyco chalked up US$1.6 billion in China in 2007, accounting for 12% of its US$13.5 billion in global revenues. Other Asian countries accounted for a combined 15%, the Americas 37%, and ...
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