We expect to complete phase 1 of our Plant 2 in Q3 of 2022. It will then need to be qualified by our customers. We hope to have revenue from mass production sometime in Q4 of 2022. We expect phase 2 to be in operation sometime in Q3 of 2023.
Perhaps the outlook has changed for TG. Business solid and good management also can't deny the fact that the low entry barrier into the industry esp the growth from China and Thailand had cause tremendous challenge in the long run. At this rate, our pie will only continue to shrink. Nevertheless, respect Tan Sri and the company. Keep fighting!
In addition to that, we are also actively looking and in discussion to acquire new land for our next phase of expansion as we envisage there will be more work from our customers and that more space will be needed should Plant 2 runs out of capacity. This also echoes a large trend among chip manufacturers that are expanding their production and manufacturing capacity to meet the huge demand in the semiconductor space.
One fine day it will overtake Inari as most earning company in Malaysia @@