Globetronics on track for strong earnings

TheStar Thu, Jul 28, 2022 09:10am - 1 year View Original


MIDF Research, meanwhile, said Globetronics’ prospects are still solid in the long term, as the group’s expertise in high-tech sensor products could be leveraged onto various applications.

KUALA LUMPUR: Globetronics Technology Bhd is on track for a strong earnings performance this year, backed by higher volume of light sensors.

The company, which is well-known for its sensors in smartphones, also focuses on quartz crystals, timing devices and light-emitting diode (LED) products.

UOB Kay Hian Research noted that Globetronics is rationalising its lower-margin business and pursuing new programmes with its existing and new customers.

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