Pensonic to invest RM49m on R&D


Chew: ‘We are targeting to produce new smart home appliances.’

GEORGE TOWN: Pensonic Holdings Bhd has allocated RM49mil for the development of innovative products and for its new research and development (R&D) centre in Penang Science Park till 2016.

Group chief financial officer Alex Kang said that some RM20mil was spent this year for the development of light-emitting-diode (LED) products under the brand name Carinae.

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