Singapore firm budgets up to S$15m for a full smart factory
Singapore
AMID manufacturing headwinds, Fong's Engineering and Manufacturing is prepared to spend up to S$15 million to launch a full-fledged smart factory in the next three to five years, in a bid to boost revenue and productivity.
Fong's, which manufactures high-end medical devices largely for US medical devices companies, aims to run its production round the clock with minimal human intervention, aided by an integrated manufacturing shop floor with advanced robotics and autonomous robots.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
SMEs
Sun rising for Singapore businesses breaking into Japan market
One in three Singapore SMEs expect AI to replace or take over jobs: survey
Fintech KPay aims to triple Singapore merchant base, double local workforce
Singapore SMEs in contractionary mode for fifth straight quarter: OCBC
B2K’s second-generation leaders paw a new path in pet products
Finding a growth vector with digital solutions