PETALING JAYA: VS Industry Bhd’s wholly-owned subsidiary, VS Industry Philippines Inc, has secured new orders from a key customer to manufacture selected consumer electronics products.
In a statement, the electronics manufacturing services provider said the manufacturing process will be on a box-build assembly basis, namely, a provision of end-to-end processes from production to assembly, testing, packaging, labelling and logistics arrangement.
VS said the expected revenue contribution from the customer, based on the recurring nature of the orders, is RM0.3bil for the financial year ending July 31, 2025 (FY25) and RM1.2bil for FY26.
“This is derived from anticipated sales volume and pricing, bringing the aggregate expected revenue over the next two financial years to RM1.5bil.”