PETALING JAYA: Globetronics Technology Bhd is investing RM50.2mil in a cloud-based, state-of-the-art platform that will adopt Industry 4.0 processes and boost its high-volume, mass production operations.
In a statement yesterday, the miniaturised optical sensors manufacturer said the platform will incorporate artificial intelligence (AI), big data analytics and extended reality into their end-to-end intelligent supply chain and manufacturing.
The company said this would enable higher levels of customisation, reduction of cycle times and superior quality traceability for a diversified product portfolio and dynamic customer needs.
“The move towards integrating intelligence into the company’s machines and business processes is timely in addressing the non-skilled labour acquisition challenges, as well as increasing the resilience in response to the Covid-19 pandemic.”
It added that the implementation of automation to its processes will also help Globetronics to focus on high revenue generation activities, such as predictive and prescriptive data to maximise machine operations.
“The initiative maps the path for the company’s ‘Lights off’ factory within the next five years, ” it said.
In the same statement, the Malaysian Investment Development Authority chief executive officer Arham Abdul Rahman (pic above) said Globetronics’ expansion will pave the way for enhancement in productivity, job creation and the deepening of Malaysians’ skills set by leveraging cutting-edge technology and emerging AI capabilities.
He added that the move is also in line with the government’s aspiration to spearhead rapid digital transformation in the manufacturing sector.
“While digitalisation is the antidote for business survival and growth in innovation-led value creation, Globetronics’ Industry 4.0 adoption will complement the electrical and electronics industry, ” Arham said.