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MELE Melexis NV News Story

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Brief: Melexis: New WFOE, Autonomous Regional Organization In China

March 12 (Reuters) - Melexis NV MLXS.BR:

NEW WHOLLY FOREIGN-OWNED ENTERPRISE (WFOE) AND AUTONOMOUS REGIONAL ORGANIZATION

MELEXIS IS NOW ACCELERATING ITS INCREASED INVESTMENT IN CHINA TO CAPTURE RAPID MARKET EXPANSION

EMBEDS FULL END-TO-END LOCAL SUPPLY CHAIN IN CHINA

OPERATES AS INDEPENDENT ENTITY IN CHINA

Source text: ID:nGNE6v07Zh

Further company coverage: MLXS.BR

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 769 66 00;))

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