Glory days may be back for VSI with US customer


VS Industry plant in Senai - Filepic

PETALING JAYA: V.S. Industry Bhd (VSI) could be heading back to its glory days after the latest acquisition of a new factory as well as securing a new large US-based customer, which is expected to contribute to group revenue in the financial year ending July 31,2022 (FY22).

UOB KayHian in a research report noted that the new US customer (Y) is the fifth new order won by the electronics manufacturing services (EMS) provider since early 2019, as a result of the US-China trade diversion.

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