Alltronics Holdings Limited, a prominent manufacturer of electronic products, has expanded its production capacity by acquiring a factory in Penang, Malaysia. This acquisition marks the company’s first production facility outside China, a strategic move to diversify its manufacturing footprint across Asia. The acquisition was completed in August, with Winner Sky Technology Hong Kong Limited and its Malaysian subsidiary becoming wholly-owned subsidiaries of Alltronics.
The Penang factory, previously a subcontractor for Alltronics, focuses on manufacturing, assembling, and selling electronic products and components. In a bid to further enhance its production capabilities, Alltronics plans to establish a second factory in Malaysia by early next year. This new facility will feature 12 assembly lines, significantly increasing the company’s workforce and production capacity in the region.
Lam Yin Kee, Chairman and Executive Director of Alltronics, stated, “Establishing our first production facility outside China in Malaysia is a pivotal milestone in realising our strategic vision. This foundation enables us to serve our customers more effectively and create greater long-term value for our shareholders.”
Chief Executive and Executive Director, Lam Chee Tai Eric, added, “We are focused on seamlessly integrating this new facility into our operations and optimising its management efficiency. It signifies the beginning of a new chapter of development for Alltronics.”
Alltronics’ expansion into Malaysia is part of a broader strategy to enhance operational resilience and agility, positioning the company to better meet evolving customer demands and explore further opportunities in other Asian markets.
