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VIAO - VIA optronics AG adds production site in Philippines to support growth strategy
VIA optronics AG American Depositary Shares each representing one-fifth of an
VIA optronics AG (NYSE:VIAO) plans for a new production site in the Philippines. The company through its Company incorporated VIA optronics (Philippines) will build a new, more cost-effective production site in Asia that is expected to produce all current VIA products. The new site will focus on international markets whereas the existing Chinese production site in Suzhou will remain focused on the local business in China. Source: Press Release