# V.S. Industry secures RM1.5B consumer electronics production contract for Philippines plant

V.S. Industry Berhad has secured new orders from a key customer to manufacture consumer electronics products on a box build assembly basis, with expected revenue of RM0.3 billion in FY2025 and RM1.2 billion in FY2026. Mass production at its new Philippines facility is targeted to commence by Q1 2025.

- Type: Contract
- Announced: 2024-08-14
- Where: Sto. Tomas, Batangas, Philippines, Philippines
- Value: $320.0M (1.50B MYR)
- Status: announced
- Products: consumer electronics
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [V.S. Industry Berhad](https://endata.com/companies/79194.md)

## Sources

- [businesstoday.com.my](https://www.businesstoday.com.my/2024/08/14/vs-industry-secures-rm1-5-billion-consumer-electronics-production-contract/), 2024-08-14: "We want to hit the ground running at our facility in Philippines and target to commence mass production by first quarter of 2025."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.