Inari Amerton sees new cables contributing RM20m to revenue

KUALA LUMPUR: Inari Amertron Bhd's new fiber based optical cables is expected to contribute RM20mil to the group's revenue in FY2016.

Inari group chief executive officer KC Lau said on Friday the company targets to achieve 5% world market share by year 2017. 

This is Inari's first own brand which was manufactured and assembled at its Inari South Keytech Sdn Bhd plant in Senai, Johor.

The company invested RM20mil for the new product as it seeks to move up the opto-electronics value chain and improve margins compared to its existing outsourced and contract manufacturing business.