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Business

Chip sector recovery gains pace

THE broad-based recovery of the global semiconductor industry is gaining strength. This, industry players say, would soon be reflected in the earnings of local chipmakers, which have ramped up production to meet increased orders.

Business

Oil and gas to sparkle on back of rising reserves

AS the largest recipient of foreign direct investment (FDI), overtaking the electronics and electrical sector (EE), the oil and gas industry is expected to continue to sparkle this year on the back of rising oil reserves.

Business

Snapshots

Highlights on: Measat Global Bhd and Globeronics Tech Bhd

Business

News in brief

Business

Globetronics still on expansion trail

GLOBETRONICS Technology Bhd, in line with its business strategy to maintain its status as a regional player in the integrated circuit (IC) chip industry, will continue to explore possible sites around the world to establish chip production facilities.

Business

Globetronics' wealth of experience

GLOBETRONICS Technology Bhd began life 13 years ago as Globetronics Sdn Bhd to provide integrated circuits (IC) assembly and testing services for the pioneering multinational corporations (MNCs) in Penang.

Business

CI down but interest in lower liners buoys sentiment

THE KLSE Composite Index (CI) fell four points or 0.5% to 813 yesterday on profit-taking in large-cap stocks but buying interest in lower liners, especially second board and technology stocks, helped buoy sentiment.

Business

Globetronics plans new chips

GLOBETRONICS Technology Bhd, through a subsidiary in China, is developing prototypes of a new range of integrated circuit (IC) chip for the digital imaging and motion sensing industries, executive chairman and chief executive officer Michael Ng Kweng Chong said.

Business

Surge in oil & gas stocks halted

THE spectacular post-budget run-up in oil gas stock prices came to an abrupt halt Wednesday as punters locked in their profits after the KLSE suspended trading in one of the hottest oil counters.

Business

Globetronics invests in Great Plains software

GLOBETRONICS Technology Bhd has spent RM500,000 to implement the Microsoft Business Solutions-Great Plains software to upgrade its e-manufacturing shop-floor system in anticipation of a higher volume of business in the third and fourth quarters.