Globetronics' record investment of RM85mil for producing new smart sensors


More manpower: A worker checking high-end sensors at Globetronics’ plant. The company has recently recruited some 200 new workers comprising engineers, managers and technicians to support its growing operations.

GEORGE TOWN: Globetronics Technology Bhd plans a record investment of about RM85mil this year for the mass production of new smart sensors.

Group chief executive officer Datuk Heng Huck Lee told StarBiz that the group had invested RM65mil since January for the production of two new sensors for smart telecommunication devices.

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

Business , Globetronics , investment , smart , sensors , stocks , shares ,

   

Next In Business News

Sime Darby Property wins gold and silver at FIABCI World Prix d'Excellence Awards 2023
ABM: Banking industry will thrive under Abdul Rasheed’s leadership at Bank Negara
Delinquent office loans trouble commercial mortgage bond market
Second half 2023 likely bodes well for Bursa
Calls for clear reforms
Pioneering sustainability in property and construction
Bond market key to ending Sri Lanka’s crisis
Another washout quarter
Tech firms face challenges from weak ringgit, softening markets
FUTURE-READY BUSINESS HUB

Others Also Read