LKT sees higher sales of chip testing tools

LKT Industrial Bhd, which is listed on the main board of Bursa Malaysia, expects contribution from its semiconductor test equipment business to increase to 30% this year. 

Group executive chairman Vincent Loh Khee Lian told StarBiz that sales of LKT's semiconductor test equipment, which accounted for 20% of sales in 2003, were expected to rise because for the past three years, the group had spent about RM3mil annually on research and development (R&D) to produce a new range of test equipment.