JCY executive director Datuk James Wong King Kheng says the group has an automotive manufacturing licence as it was awarded the International Automotive Task Force (IATF)’s International Standard for Automotive Quality Management Systems in July last year. “SDM Precision Casting is essentially a producer of automotive parts and components for motorcycles and cars. He explains that SDM Precision Casting is a perfect fit for JCY as it can tap the former’s expertise and customer base. “Many years ago, we tried venturing into the automotive market in China by ourselves, but we later found out that it is very difficult. HDD business remains stableFor its traditional HDD business, Wong says higher demand for personal computers (PCs) and laptops was seen during the Movement Control Order (MCO) period.
Source: The Edge Markets August 04, 2020 09:56 UTC