KUALA LUMPUR: Betamek Bhd
has accepted a government grant of RM396,420 from the Entrepreneur and Cooperatives Development Ministry (MECD), managed by Malaysia Industrial Development Finance Bhd (MIDF).
The electronics manufacturing services (EMS) provider said the grant was a testament to the government’s commitment to fostering technological innovation across key industries, particularly in advanced manufacturing technologies like IoT, and supported Betamek’s pivotal digital transformation project.
Executive director Muhammad Fauzi Abd Ghani said that securing the government grant was a significant milestone for Betamek, as it enabled the company to advance its digital transformation agenda.
“By integrating IoT technology into our manufacturing processes, we can improve our overall equipment effectiveness (OEE), enhance productivity, and deliver higher-quality infotainment and electronic solutions at more competitive prices. This initiative also supports our goal of expanding into the Asean market, leveraging our advanced capabilities to meet regional demand,” he said in a statement.
Betamek said this grant is part of a broader national initiative to foster technological innovation in key industries, which will enable Betamek to enhance OEE through advanced IoT integration within its manufacturing operations over a 12-month period.
The project aims to automate manual assembly line monitoring, integrate OEE data from surface mount technology (SMT) machines for comprehensive analytics, and benchmark productivity against robotic lines to improve capacity for the growing electric vehicle (EV) demand, while allowing Betamek to stay at the forefront of digital advancement with the support of the government.
