{"id":40456,"date":"2018-02-19T02:22:03","date_gmt":"2018-02-18T18:22:03","guid":{"rendered":"https:\/\/investpenang.gov.my\/pie-eyes-contracts-for-supply-of-box-build-electronics\/"},"modified":"2025-11-28T17:34:10","modified_gmt":"2025-11-28T09:34:10","slug":"pie-eyes-contracts-for-supply-of-box-build-electronics","status":"publish","type":"post","link":"https:\/\/investpenang.gov.my\/zh-hans\/pie-eyes-contracts-for-supply-of-box-build-electronics\/","title":{"rendered":"PIE eyes contracts for supply of box-build electronics"},"content":{"rendered":"

[vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” el_class=”sec-inner-banner” css=”.vc_custom_1703741584745{background-image: url(https:\/\/investpenang.gov.my\/wp-content\/uploads\/2023\/12\/contact-banner-bg.jpg?id=20253) !important;}” z_index=””][vc_column][vc_row_inner row_type=”row” type=”grid” text_align=”left” css_animation=”” el_class=”inner-banner-row”][vc_column_inner][vc_column_text]<\/p>\n

PIE eyes contracts for supply of box-build electronics<\/h1>\n

[\/vc_column_text][vc_separator type=”normal” el_class=”red-separator” color=”#ee4023″ transparency=”1″ thickness=”2″ up=”15″ down=”15″][vc_column_text css=”” el_class=”white-text”]<\/p>\n

19 February 2018<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”grid” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” css=”.vc_custom_1703764846254{background-color: #f3f5f8 !important;}” z_index=””][vc_column el_class=”fade-in animate”][vc_empty_space height=”120px” el_class=”height-x120″][vc_row_inner row_type=”row” type=”grid” text_align=”left” css_animation=””][vc_column_inner][vc_single_image image=”29163″ img_size=”full” qode_css_animation=”” el_class=”single-featured-image”][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=”60px” el_class=”height-x60″][vc_row_inner row_type=”row” type=”grid” text_align=”left” css_animation=”” el_class=”content-row”][vc_column_inner][vc_column_text]GEORGE TOWN: PIE Industrial Bhd. hopes to finalise contract talks with several big multinational clients by the third quarter of this year for the supply of box-build electronics.<\/p>\n

Group managing director Alvin Mui told\u00a0StarBiz<\/em>\u00a0that one of the box-build was for the industrial and commercial printing markets.<\/p>\n

\u201cThis area is seeing growth because there now new equipment capable of handling multiple applications with innovative ink, coatings and functional fluids,\u201d he said.<\/p>\n

The global industrial printing market is projected to grow to US$114.8bil by 2022, according to a Smithers Pira report.<\/p>\n

\u201cAsia, North America, and Western Europe are the growth areas, as there are large printing companies supplying electronics and environment materials, films and interior d\u00e9cor materials,\u201d he said.<\/p>\n

The commercial printing market is projected to grow to US$317bil in 2022, led by the packaging business, according to a recent Technavio report.<\/p>\n

Asia Pacific currently dominates the global commercial printing market with 42% share in 2017.<\/p>\n

\u201cAs we are in Penang, we are in a very good position to tap into the Asia Pacific market. For us, we look forward to supporting also the advertising and industrial industries with the new box-build electronic equipment,\u201d he said.<\/p>\n

Mui said once the deal is secured this year, the contribution to the group should come in 2019.<\/p>\n

On top of new box-build projects, Mui said the group was expecting its printed circuit board assembly (PCBA) business to contribute about 50% to this year\u2019s revenue.<\/p>\n

The PCBA are used in sensor devices and bar-code scanners.<\/p>\n

\u201cThe sub-assembly work for the PCBA division has grown recently. About four years ago, the contribution to the group\u2019s revenue was between 25% to 30%.<\/p>\n

\u201cWe manufacture the cables and plastic and metal parts for the sub-assembly work.<\/p>\n

\u201cLast year, the contribution improved to about 40%. In 2018, the contribution is projected to be about 50%,\u201d he said.<\/p>\n

Moving on, based on customers\u2019 feedback and projections, this year should be another double-digit percentage growth year for the group.<\/p>\n

\u201cFor the first quarter 2018, we expect to ship out over RM130mil worth of PCBA and box-built products.<\/p>\n

\u201cLike the first quarter of 2017, this first quarter is not weak.<\/p>\n

\u201cPrevious first quarters as in 2016 and 2015 were not very strong quarters, as we shipped out less than RM120mil worth of products,\u201d Mui added.<\/p>\n

The group currently operates in four plants in Seberang Jaya, where the utilisation of the production area is almost 80%.<\/p>\n

The PIEIB Group started off with the manufacturing and assembly of cable and wire and has since 1996 added on fabrication of moulds and dies, PCB assembly using precision SMT, plastic injection moulding and Class 10K and l00K clean room product assembly and testing of electronic products. Coupled with its new up-to-date manufacturing facilities, PIEIB Group is now capable of offering a complete integrated ‘one-stop’ CEM service to major multinational companies for various electronics, telecommunications and computer peripheral products. (Source: PIE Industrial Berhad website)<\/p>\n

Source:\u00a0The Star<\/a><\/p>\n

Photo source: The Star[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=”120px” el_class=”height-x120″][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"

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