Sentences with phrase «core auto components»
This new vision includes the company's plan to increase the operating margin for core auto components and future business divisions to 10 % by 2025 in stages.
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This mid - and long term vision contains the company's commitment to becoming a future new technology company based on its capabilities for core auto components and system integration through «selection and concentration».
It also includes a specific goal of winning more contracts for future core auto components based on profitability rather than external growth and thereby reducing the ratio of materials to 60 % or below.
Based on this, the company aims to expand its R&D investment to 10 % of the sales for core auto components and future business, focusing on development of future advanced technologies.