Xircom Expands Penang Factory Amid Sales Hike

By Julian Matthews

Mobile connectivity solutions provider Xircom Inc of the US is expecting record sales of its PC communication card products this year, with the strong showing of its first quarter sales for 1997.

Dirk Gates, Xircom chairman, president and CEO, said net sales of company’s PC card products grew to US$56.3 million for the first quarter of fiscal 1997, up 15% from the previous quarter, and a 67% rise over the first quarter of fiscal 1996.

Xircom earlier reported a turnover of US$193 million for its 1996 fiscal year ending September 30, up 53% from the previous year. Gates predicted a growth rate of about 85% for Xircom in 1997.

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