Genetec Technology Berhad designs, manufactures, and sells smart automation systems and customized factory automation equipment, offering a comprehensive range of products including automated assembly lines, robotic pick and place systems, auto fastening, screw driving, dosing systems, plasma treatment, plastic and metal laser welding, material handling solutions, testing and inspection systems, precision tooling jigs and fixtures, and aluminum profile related services. The company's solutions serve multiple industries such as electric vehicle and battery manufacturing, automotive, computer peripherals, healthcare, and consumer goods. Genetec operates globally with a presence in Malaysia, Asia, South America, Europe, and North America, and is headquartered in Bandar Baru Bangi, Malaysia, having been incorporated in 1997.
Recent major developments include Genetec's expansion into new product lines and markets, notably securing over RM100 million in new orders for body panel assembly for a North American electric vehicle client, marking its first venture beyond battery cells and pack assembly. The company is also diversifying into the semiconductor industry with a proof-of-concept automation line for wafer deposition equipment for a U.S.-based semiconductor manufacturer, indicating a strategic shift into front-end semiconductor automation. Additionally, the company changed its financial year-end from March 31 to June 30, extending the current financial year to a 15-month period ending June 30, 2024. There is also a plan for the disposal of a 51% stake in CLT Engineering to improve operational focus. Genetec continues to expand its client base and business scope globally while enhancing its technological capabilities in electric vehicle assembly, semiconductor automation, and other advanced manufacturing services.