KUALA LUMPUR: EG Industries Bhd
says its subsidiary, Genitronic (Malaysia) Sdn Bhd, has entered into a letter of intent with a US-based firm for the manufacture and sale of high-performance open networking switches incorporating state-of-the-art Co-Packaged Optics (CPO) technology.
The collaboration, which is expected to generate about US$100mil (RM408mil) in revenue, marks the group’s expansion into high-growth data centre infrastructure and advanced artifical intelligence (AI) networking solutions.
