In addition, the company’s key contract electronics manufacturer (CEM) in MITL-Shanghai was acquired by any company which has an inhouse sourcing supply-chain model. As such, the company completed the transfer to its customer’s site in the third quarter of 2023. It has also subsequently restructured the MITL-Shanghai into a sales & service support entity.
The company will release its results on or before Aug 14.
Shares in Manufacturing Integration Technology closed flat at 1.5 cents on July 31.
