Besides recovery in Malaysia, QES’ growth in H1 of FY21 was driven by strong semiconductor growth in Singapore and China, as well as the electrical and electronics (E&E) and automotive market in Thailand. Chew expects that in the next few years, QES’ revenue growth will be faster outside Malaysia. “We are aggressively growing capacity and capabilities of our manufacturing division. We don’t have any contracts cancelled due to this.”Meanwhile, talent acquisition and retention is a challenge when it comes to the group’s growth plans. All these strengths of QES Group will ensure long term sustainability of the group going forward.”

Source: The Star October 30, 2021 10:24 UTC