Aemulus: New project to boost exports [New Straits Time (Malaysia)]
(New Straits Time (Malaysia) Via Acquire Media NewsEdge) KUALA LUMPUR: Aemulus Corp Sdn Bhd, which received a grant for quality projects from the Malaysian Investment Development Authority (Mida), is banking on its new RM10.98 million project to enhance its export portfolio to more than 50 per cent by 2016.
Its finance director Chin Wah Ng said the semiconductor tester manufacturer exports 40 per cent of its products to six countries, with the United States and China being its major markets.
"We want to capitalise on the growing number of smartphones globally. That is why it is important for us to enhance our overseas markets," he told a media briefing here recently.
"We believe the new product that we are developing now will help boost our market share globally ... which is about three per cent. Although small, the value is still significant for us," he added.
The company's two biggest global competitors are US-based LTX- Credence Corp and National Instrument Corp.
Established in 2004, Aemulus Corp designs the semiconductor automated test equipment (ATE), known as a semiconductor tester.
Ng said the company has developed the fastest radio frequency (RF) semiconductor tester in the market, which is widely applied in the production of advanced radio frequency integrated circuit for various electronic devices.
Through the quality projects grant by Mida, the company is now undertaking core research and development (R&D) activities to design and develop the next RF semiconductor tester.
"The new product is deemed to eclipse the existing RF semiconductor tester as the fastest ATE in the market segment," he said.
"Mida is funding 50 per cent of the project's total cost while the remaining will be borne by the company," he said, adding that the project is expected to be completed early next year.
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