4 Promising Electronic Companies for Your Watchlist

There have been rapid advancements in the field of artificial intelligence and the Internet of Things over the last few years.

The group owns five manufacturing facilities located in Singapore, Malaysia, China, the Philippines and the USA. As operating costs remained stable on a year on year basis, the increase in revenue flowed directly down to net profit. The group also supports the electronic, machine tools and oil and gas industries, and has production facilities in Singapore, Malaysia and the USA.Net profit soared 60% year on year to hit S$10.8 million.

However, the long-term outlook remains sanguine for the business due to the increased demand for data and the acceleration of technology-driven developments such as Smart Cities.

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