GEORGE TOWN: Globetronics Technology Bhd plans to invest more money to raise its capacity despite a downgrade call on the stock by some analysts after its core products did not feature in the new range of smart phones.
According to group chief executive officer Datuk Heng Huck Lee, the company will raise its total investment for this year to RM103mil from RM85mil planned in the first quarter to meet the rising orders for its sensor products.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!