Melexis' revenue target for 2024 is to exceed 1 billion euros

The revenue target for 2024 is to exceed 1 billion euros. From the perspective of global sales distribution, the entire Asia-Pacific region accounts for 58% of Melexis' total sales, making it the world's largest region. The world's second largest region is Europe, the Middle East and Africa, accounting for 31% of the share, and the rest is North America and Latin America, accounting for 11%. The automotive market accounts for 90% of Melexis' global sales. Based on the 2023 shipment of Melexis chips exceeding 1.8 billion and the global 90 million passenger cars, each new car produced in the world in 2023 will contain an average of about 20 Melexis chips.