Question over NorthEast's capacity constraint despite photonics opportunities coming its way
Diyana Isamudin
The NorthEast Group Bhd remains optimistic about its growth prospects despite facility constraints in the photonics, semiconductor, and electrical and electronics (E&E) industries. The company's chief marketing officer and executive director, Yin Thien Hee, stated that the group anticipates double-digit growth for the financial year ending Sept 30, 2027 (FY27), despite the delayed development of its new manufacturing facility that would expand production space by 72 per cent.
Yin also mentioned that they have secured more orders from existing customers, and have expanded their production floor by acquiring a warehouse for secondary processes. The company currently has three factories and has installed 10 CNC machines with another 15 on the way to mitigate the production capacity issue. The group is also considering subcontracting some less complex jobs and looking for a second source for the powder coating sector to mitigate capacity issues at their major subcontractor.
Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.