Pentamaster sees strong orders – Pentamaster
Summary
GEORGE TOWN: Pentamaster Corp Bhd is seeing buoyant business amid a pick-up in the technology sector. “Some 20% of the orders are for a new business line that produces assembly and test equipment for insulated-gate bipolar transistors (IGBT). IGBT transistors are used in switching power supplies in high-power applications of electric cars, trains, variable speed refrigerators, lamp ballasts, arc-welding machines and air conditioners. According to Reportlinker, the global market for IGBTs is projected to grow at a compounded annual growth rate of 8.3% to US$9.2bil by 2027 from the estimated US$5.2bil in 2020. The report also says Apple plans to launch four new models in October with 5G wireless speeds, a different design and a wider choice of screen sizes.