JCY plans to expand and diversify despite Covid-19 challenges

TheStar Fri, Jan 29, 2021 09:20am - 3 years View Original


In its latest annual report, the company said it would continue to be competitive in the HDD space, adding that it is also exploring the possibilities of utilising its core competencies and capabilities in other related and new fields

PETALING JAYA: Hard disk drive (HDD) maker JCY International Bhd plans to employ horizontal expansion and diversification as part of its long-term business sustainability strategy to navigate the challenges of the Covid-19 pandemic.

In its latest annual report, the company said it would continue to be competitive in the HDD space, adding that it is also exploring the possibilities of utilising its core competencies and capabilities in other related and new fields.

“The group adopts two strategies for the long-term sustainability of our business. The first will be horizontal expansion in the digital storage industry by increasing our market share within the supply chain and expanding our range of products to more customers within the digital storage industry.

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