Technology and R&D key to keeping prices low

Top Glove chairman Tan Sri Lim Wee Chai said the exceptionally good performance was largely attributed to continuous internal quality and cost efficiency improvements.

SHAH ALAM: Top Glove Corp Bhd will be adjusting its average selling price in the next two months as it accounts for the increase in raw material prices.

However, in the long run, the solution to maintaining low average selling prices amid the increasing cost is to ramp up on technology and research and development (R&D), says Top Glove executive chairman Tan Sri Lim Wee Chai.