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Mando's R&D spending as percent of sales expected to reach 6% in 2017
Mando Corporation announced its plan to increase the percentage of R&D expenses as a percent of its revenues to over 6.0% starting in 2017 from the current approximately 5.5%. The company applied for 2,867 patents between 2012 and 2015, and expects to apply for more than 700 patents in 2016. Over 40% of its patent ap....
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