DESPITE a slowing global economy, local test and vision inspection equipment companies will collectively increase their outsourcing expenditure to small and medium industries (SMIs) to over RM500mil this year.
Pentamaster Corp Bhd, Vitrox Corp Bhd, MMS Ventures Bhd, and Elsoft Research Bhd are some of the companies with plans to spend more on outsourcing this year, and will raise their expenditure for design and development activities.
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