SUPERCOMAL Technologies Bhd (STB), the first company listed on Mesdaq, is allocating an initial RM2mil in research and development of electronic components used for wireless applications and fire-proof cables.
“Wireless applications using Bluetooth and General Packet Radio Service technologies are gaining popularity,” said its business development director, Nik Abd Aziz Mohd Kamaludin.
“Our objective is to make sure that Supercomal, as a technology group, is able to supply key electronic components to manufacturers of wireless applications. We will start research and development work soon and hope to begin commercial production next year.” he said.
Aziz said the group’s other research and development project was on the production of fire-proof teflon coating plenum cables.
“We have already started the research and development work. We hope to come out with a prototype in the third quarter of 2003, and to begin commercial production early next year.
“We expect strong demand for these type of cables, as they are protected against wear and tear. Our goal is to become the original equipment manufacturer of such cables for multi-national corporations,” he added.
Aziz said, since last November, the group had also introduced to the market a new range of Category 5 and Category 6 cables for outdoor use.
These cables, used for high speed transmission of audio and visual data,had been generating a monthly income of RM1mil for the group, he said.
“In 2002, Category 5 and Category 6 cables contributed 40% to the group’s earnings. We want to increase the figure to 50% this year,” Aziz said. “Our range of water proof connectors and cable assemblies generates another RM1.5mil monthly.”
Aziz said the group’s financial results for the 2002 fiscal year ended Dec 31, to be announced next week, had improved significantly over that of the previous year.
Listed in 1999, the group is involved in the manufacture of high-end, small-diameter wires for electronic devices, including cable assemblies with or without connectors.
Supercomal, operating in a RM30mil facility on a 10-acre site here, employs 650 workers.
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