Fri, 28 Nov 2008
TTSM is expected to take delivery of the 10 new Tsugami’s latest auto lathe machines with a list price of Yen12 millions each (about USD120K) from December onward. The first machine is scheduled to arrive at the factory in Johor, Malaysia at the end of December with the rest to follow in January 2009. This is part of the an overall investment of USD6MM to upgrade the current probe pin fabricating facility in Johor and to position the company for the potential economy recovery.
