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Metro Biz

Manufacturer set to reap dividends from new product categories

WITH the Malaysian medical device market projected to hit USD2.8bil (RM9.9bil) by 2018, UWC Holdings Sdn Bhd, a specialist manufacturer of precision components and electro-mechanical parts, is investing RM100mil for a new plant in Seberang Prai to focus on manufacturing medical devices.

Business

Medical device makers bullish on prospects

GEORGE TOWN: Local medical device manufacturers and distributors are planning for growth as original equipment manufacturers (OEM), riding on the annual double-digit percentage increase in domestic medical device consumption and overseas demand.

Business

RM13.7b turnover target for medical devices

GEORGE TOWN: The domestic medical devices industry is targeting to achieve RM13.7bil in turnover this year, up 8% from 2012.

Business

Three medical device MNCs eye Penang

GEORGE TOWN: Three medical device multi-national corporations (MNCs) are planning to set up manufacturing facilities in Penang, lending further credibility to the state's growth as a medical device hub.