Tech firms will not rush to invest after MCO is lifted

Globetronics says other countries may not be ready for orders

GEORGE TOWN: Local sensor and semiconductor test equipment manufacturers will remain cautious in regards to their business recovery plans even after the Movement Control Order (MCO) is lifted.

Globetronics Technology Bhd chief executive officer Datuk Heng Huck Lee(pic below) told StarBiz that even after the MCO is lifted in Malaysia, it does not mean that the group will rush to invest for new volume forecast to drive growth.