No hiccups in Globetronics expansion

Quoting group chief executive officer Datuk Heng Huck Lee, (pic) the report said that the group had received strong orders for most of its products.

PETALING JAYA: Smart sensor producer Globetronics Technology Bhd’s plans for expansion have not been halted as earlier thought and the company’ recent share price weakness could be a chance for investors to accumulate its stock.

AmInvestment Bank’s research unit said, via its channel checks, that the key sensor customers’ qualification programmes for the next generation of light and gesture sensors have not been halted and mass production is still set for June and July respectively as planned.