Mando aims to double sales in China by 2018  [ China ]

Mando Corporation announced that it plans to double its annual sales in China from the current level of CNY 11 billion (approximately KRW 1,799.9 billion) to CNY 22 billion (approximately KRW 3,599.9 billion) by 2018. Currently, about 70 percent of the company's China sales are generated through sales to Hyundai and Kia Motors, while 30 percent are generated through sales to local automakers. M...