Japanese technology firm eyes 30% growth in PH sales
Wacom expects sales from the Philippine market to grow by 30 percent this year.
The upbeat sales forecast was anchored on the company’s planned rollout of 10 new products to the local market.
“We’re targeting 30 percent growth in sales this year, driven by consumer and professional products,” said Antonius Malabanan, Wacom country manager for the Philippines.
Last year, Wacom, which produces several tablet lines, sold 6,000 units in the Philippines. Thse products include pen computers, displays, tablets, smartpads, and stylus.
Ong Khiaw Seng, Wacom senior director for sales in Southeast Asia and South Asia, said the company aims to double its revenues in the next five years, driven by the Philippine animation industry.
The Philippines is the third largest market of Wacom in Southeast Asia after Thailand and Indonesia.