YA HORNG Electronics (M) Bhd will unveil three new digital audio-visual products and a surveillance system in October.
Group managing director W.T. Hsu told StarBiz in Penang after the company's AGM that the group had spent a year and about US$1.5mil to develop the new products.
We have already received enquiries from local and overseas electronics and information technologybased customers about these new products to carry their own brand names.
These products are being manufactured at our RM28mil plant at the Prai Industrial Estate, he said.
The new, smart 20-inch liquid crystal display television is a five-in-one ultimate entertainment digital centre, bringing DVD, VCR, stereo system, personal video recorder (PVR), personal computer (PC) and TV within reach of a single remote control. Other new products in the pipeline are portable media players, mini-PCs and an Internet-based surveillance network camera system.
We will also take part in international exhibitions to promote the products. For example, we will participate in international information technology, telecommunication and software fairs in Europe early next year, Hsu said.
He said the group embarked on the new manufacturing activity to reduce its dependence on audio products.
We also expect the new products to generate a higher profit margin, he said.
Hsu said the group had also recently launched a new website (www.i-yahorng.com) to showcase its range of products to be released in the market soon.
Listed in 1996, the groups manufacturing operations are sited at the Prai Industrial Estate and in Dongguan, China.