KLSE (MYR): CEB (5311)
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warchest
1,815 posts
Posted by warchest > 2024-08-19 18:08 | Report Abuse
Analysts and fund managers who have visited the plant have raised doubts about its status as a full-fledged EMS facility. Some have described it as a low-value-added operation, more like a basic contract manufacturing setup than a sophisticated EMS provider, as some might have thought.
Furthermore, there have been allegations that Cape EMS has outsourced a portion of its manufacturing activities to Chinese firms, which — if true — could undermine its claims of being a comprehensive EMS provider.