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Malaysian Companies Capable Of Producing World-Class Technology
กก2005-4-28 8:16:54

PETALING JAYA, April 27 -- Malaysian tech companies are capable of producing world-class technology that can gain recognition in the global marketplace, Deputy Science, Technology and Innovation Minister Datuk Kong Cho Ha said.

"We have talented knowledge workers and world-class solutions and applications. What we lack is global branding and consumer confidence in our products," he said Wednesday.

"Even local consumers go for foreign brand-name products instead of better and cheaper local ones due to lack of branding and confidence," he added.

Kong said local tech companies have to build up their branding and give consumers a sense of security and confidence in their products in order to market locally and succeed globally.

To achieve this, technopreneurs needed to provide good after-sales services and excellent network and support such as affordable and easily available spare parts, he said.

He added that they should also maintain their competitiveness by being creative and innovative, and include research and development (R&D) as part of their business process agenda.

Kong said the ministry, through the Multimedia Development Corporation (MDC), has provided various grants, including for branding, for Multimedia Super Corridor (MSC) status companies.

MDC, he added, has set up an office in Dalian, China, to assist MSC status companies in exploring the possibility of penetrating the global market, particularly China.

He said the International Trade and Industry Ministry also has allocations for branding purposes.

Kong was speaking to reporters at the launch of the Securitech Ultralite Home System, a burglary alarm system with voice feedback for homes and offices, from Infotech Accord MSC Sdn Bhd.

According to him, the product launch marked another successful endeavour by a Malaysian company producing and marketing "Made in Malaysia" high technology products.

"Today, I am proud that Infotech Accord has a world-class product that is sold in more than a dozen countries in Asia, Oceania, Europe and the Middle East," he said.

 

(Editor:Farah Song)  (From:Bernama.com)



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