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| Wednesday, July 09, 2008 19:25:52 |
Tyco eyes 50% global revenues from China in 5 years
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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