Automated equipment makers hit by stiff competition

  • Business Premium
  • Monday, 27 Sep 2010

GEORGE TOWN: Automated equipment and electronics manufacturing companies in Malaysia are driving down the price of their products when bidding for jobs with multinational corporations in an increasingly competitive market, a move which erodes their bottomline.

Pentamaster Corp Bhd executive chairman C.B. Chuah said if the bidding was for automated equipment jobs on a purchasing order-basis, the net profit now was 10% to 20% compared with 30% to 60% two to three years ago.

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