Nolan’s Notes: Everyone Has Their Eye on India
Standard of Excellence: The Human Touch in an Automated World
The Government Circuit: Navigating New Trade Headwinds and New Partnerships
VSI Expects Robust Performance in H2 FY17
January 6, 2017 | V.S. Industry BerhadEstimated reading time: 1 minute
V.S. Industry Berhad (VSI), the largest EMS firm in Malaysia, expects robust business performance in the second half of financial year 2017 (H2 FY17) as sales orders gain momentum, thereby pushing production volume and efficiency to optimal level.
Speaking after the company’s 34th Annual General Meeting (AGM), Datuk S. Y. Gan, managing director, said, “We will continue to benefit from the sustained strong sales growth of our key clients, notwithstanding the current economic conditions. The tangible results from this should be apparent in the second half of our financial year 2017, where we expect to post a stronger set of results. For our two Malaysian operations, sales orders are gradually coming in from our key clients, pushing the production volume and efficiency to reach optimal level and we anticipate the respective revenue contribution from some of our key clients to reach new level.”
The Group has been busy expanding its production capacity for box-build assembly over the past few months since it was awarded the vertical integration (VI) status by its key UK-based client earlier in 2016. The plan is to increase the box-build capacity to three million sets per annum from the current negligible amount. The first production line is already up and running with more lines scheduled to come on-stream soon.
Meanwhile, operations at its facilities in Zhuhai, China are picking up pace as well since November 2016, producing a new high-end air purifier model for one of its local clients. The air purifier model was fully designed by VSI and has received very encouraging response from end-user consumers during a recent soft-launch event by the client. Management endeavors the operations in China to return to the black in FY17.
About VSI
VSI is the largest electronics manufacturing services (EMS) corporation in Malaysia, and one of the top 50 in world, providing integrated manufacturing solutions to multinational corporations mainly from the Europe, USA and Japan. It has advanced manufacturing facilities in Malaysia, Indonesia, China and Vietnam. Backed by a team of highly skilled and innovative R&D personnel, VSI also serves as an Original Design Manufacturer (ODM) in addition to being Original Equipment Manufacturer (OEM). Its comprehensive services include high-precision printed circuit board assembly, plastic injection molding, sub- and full- assembly as well as tool design and fabrication.
Share on:
Testimonial
"Advertising in PCB007 Magazine has been a great way to showcase our bare board testers to the right audience. The I-Connect007 team makes the process smooth and professional. We’re proud to be featured in such a trusted publication."
Klaus Koziol - atgSuggested Items
Hitachi Unveils $1B U.S. Investment in Critical Grid Infrastructure
09/05/2025 | Hitachi EnergyHitachi Energy, a wholly owned subsidiary of Hitachi, Ltd., and global leader in electrification, today announced a historic investment of more than $1 billion USD to expand the production of critical electrical grid infrastructure in the United States.
NOTE Appoints Bahare Mackinovski Chief Sales and Marketing Officer
09/04/2025 | NOTEAs part of NOTE’s strategic focus on growth and customer value, the company is now strengthening its executive management team by appointing Bahare Mackinovski as Chief Sales and Marketing Officer.
Pentalogix Launches ViewMate Essentials to Ensure PCB Designs are Manufacturing-Ready
09/03/2025 | PentaLogixPentalogix, Inc., a leader in PCB design solutions, announced the launch of ViewMate Essentials, an advanced CAM package designed to enhance the workflow of PCB designers. Available starting September 2nd, 2025, ViewMate Essentials enables designers to view, edit, and manage PCB manufacturing files with exceptional precision, facilitating seamless collaboration with PCB fabricators and assemblers.
SRXGlobal Celebrates Inauguration of Johor Bahru Facility Expansion and Modernization
09/03/2025 | BUSINESS WIRESRXGlobal, a Scanfil company, is proud to announce the expansion and modernization of its facility in Johor Bahru, Malaysia.
Benchmark Announces CEO Succession Plan
09/03/2025 | Benchmark Electronics Inc.Benchmark Electronics, Inc., a worldwide provider of innovative product design, engineering services, technology solutions, and advanced manufacturing services, announced President and Chief Executive Officer Jeff Benck’s intention to retire effective March 31, 2026.