Salutica Bhd.
MMYX:SALUTE0.10
MYR
+0.00
(-5.00%)
Salutica Bhd.
MYX:SALUTE
(Bursa Malaysia)
Recent
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0.10
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div
yld
- -
ROIC.AI
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- Business
- Salutica Berhad is a Malaysia-based investment holding company that operates primarily through its wholly-owned subsidiary, Salutica Allied Solutions Sdn. Bhd., specializing in the design, development, and high-precision manufacturing of consumer electronics, wireless communication peripherals, and automotive Internet of Things (IoT) systems. Founded in 1990 and headquartered in Ipoh, Perak, Malaysia, the company operates as an integrated original design manufacturer (ODM) and original equipment manufacturer (OEM), providing end-to-end turnkey solutions spanning product conceptualization, industrial design, hardware and firmware engineering, radio frequency (RF) and acoustic testing, precision tooling fabrication, plastic injection moulding, surface mount technology (SMT) printed circuit board assembly (PCBA), and final box-build assembly. Salutica Berhad organizes its offerings into OEM and ODM contract manufacturing services alongside proprietary brand commercialization. The company manufactures and supplies wireless acoustic equipment, including true wireless stereo (TWS) headsets, Bluetooth earphones, wireless audio transmitters, and smart wearable accessories; automotive electronics and IoT telematics devices; and high-precision plastic components. Under its proprietary in-house brand, FOBO, the company designs, manufactures, and markets smart wireless tire pressure monitoring systems (TPMS) and asset tracking devices, including the FOBO Tire, FOBO Bike, and FOBO Ultra product lines for passenger and heavy commercial vehicles, which interface directly with mobile applications and cloud-based fleet monitoring infrastructure. The company serves multinational technology brands and commercial automotive clients across global export markets, including North America, Europe, China, Japan, and other Asia-Pacific economies, as well as the domestic Malaysian market. In recent developments, Salutica Berhad has undertaken strategic initiatives to diversify its product pipeline, modernize operations, and defend its proprietary technologies. The company has expanded its development focus toward industrial IoT sensors, healthcare-related smart wearables, and advanced acoustic technologies to broaden its revenue base and mitigate consumer electronics demand cyclicality. Salutica has upgraded its Ipoh manufacturing complex with Industry 4.0-compliant automated SMT production lines, automated optical inspection systems, and specialized cleanroom environments to accommodate tighter component tolerances for automotive and medical-grade hardware. Concurrently, the group has continued the rollout of next-generation FOBO TPMS sensor platforms featuring enhanced chipset power efficiency and expanded telematics integrations for enterprise fleet management. Additionally, Salutica has actively enforced its intellectual property rights, engaging in high-profile patent infringement litigation concerning proprietary Bluetooth pairing methodologies while actively pursuing strategic commercial engagements across the regional electronic manufacturing services sector.