Globetronics to raise capex to RM70mil

a worker checking high-end sensors at globetronics production floor

GEORGE TOWN: Globetronics Technology Bhd is planning to increase its capital expenditure (capex) to RM70mil this year from the RM50mil planned as at the end of last year.

Group chief executive officer Heng Huck Lee told StarBiz that the group aimed to soon release four high-tech sensors for 3-D imaging smart devices, wearable, and mobile healthcare products.