JCY to expand in technology, digital storage industries

TheStar Mon, Jan 31, 2022 09:40am - 2 years View Original


JCY is principally involved in the manufacturing of precision components and sub-assembly. It is a leading component supplier and contract manufacturer for the HDD industry.

PETALING JAYA: JCY International Bhd remains optimistic of the hard-disk-drive (HDD) industry despite persisting headwinds in the coming year amid volatile market conditions.

The group, in its latest annual report, acknowledged that demand trends in the sector are changing and that the global HDD total addressable market may see a drop in the financial year ending Sept 30, 2022 (FY22).

HDD unit shipments in FY21 were on par with that of shipments in FY20, it added.

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