TES To Transfer High-end Technology Product Output To Malaysia

PARIS, Oct 28 (Bernama) -- TES Electronic Solutions, a global electronics design and manufacturing services outfit, plans to transfer the production of some of its high-end technology products from its plants in Europe to its Malaysia plant by year-end.The French company has proposed to produce avionics and aeronautical boards for commercial and fighter planes with export market worth US$50 million (US$1=RM3.34) at its Penang plant.TES Electronic Solutions senior vice-president (worldwide operations), D. Vidya, said the Penang facility would produce the products transferred from the group's plants in France and Germany."They (Penang plant) have years of relevant experience and the people are qualified for the job," he told Bernama here.The Langon-based TES acquired the Penang plant from D'nonce Technology Bhd's subsidiary, AV Industries Sdn Bhd, in 2006 for RM6 million.Its worldwide clients include European defence company Thales and others like 3M and Agilent.Vidya said TES has proposed to invest between RM35 million and RM40 million to set laboratories and related facilities at the Penang plant.