It expects more than 30% of its overall revenue in its financial year ending June 30, 2010 (FY10), to come from its new production lines in Kota Damansara, which is expected to be operational by the third quarter of FY09.
The test probes and test sockets maker aimed to enhance competitive advantage by including products such as pogo pins, which would also see the company tapping into wafer level test evaluation and substrate test market.
Test probes, which range from very simple, rugged devices to complex probes that are sophisticated, expensive, and fragile, are physical devices used to connect electronic test equipment to the device under test (DUT). Compared to semiconductor equipment makers, test probe producers are less susceptible to fluctuations in industry cycles as they are regarded as staple consumables needed to test the performance of integrated chips before the chips are assembled into electronic products.
As for the local test probe market, Foong said there was a huge untapped market potential for JF Tech, which currently commands a 7% market share while imports dominated with more than 90%. It has been reported that JF Tech expects its market share to cross 10% by the end of next year.
JF Tech was also currently in the process of applying for another new patent for its W-Series test probe and expected to roll out the newly-patented products by September this year. To date, it had already filed for a patent for its Lasak pin in Malaysia, China, the Philippines and the US.
On its dependence on SRM Integration (M) Sdn Bhd as its single largest client … 65% currently.
3 hours ago
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