Globetronics working with foreign partners to produce three new products


GEORGE TOWN: Globetronics Technology Bhd is working with European and US customers to produce a new range of light-emitting diode (LED) chips, three-dimensional imaging modules and multi-port sensors to be introduced in the second half of 2014.

Group chief executive officer Heng Huck Lee told StarBiz that the group was allocating RM40mil to RM50mil to develop the new products, which would be manufactured at its plant in Bayan Lepas.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

   

Next In Business News

BNM: Micro, small businesses to continue enjoying zero-cost transactions via DuitNow QR payments
Hong Leong Bank to continue to waive transaction fees for DuitNow QR payments
Public Mutual declares over RM47mil for two funds
Budget 2024: A tough balancing act for Anwar
Marine & General cautiously optimistic about FY24 performance
WtE space heats up
CPO price set to recover
Private hospitals, insurers stirred as claims rise
Fit for expansion
Streamlining a business practicality

Others Also Read