InnoTek (SGX:M14), through its subsidiaries, secured contracts from NVIDIA and IEIT Systems (SHE:000977), according to a Monday filing with the Singapore Exchange.
The company's subsidiary, Magix Mechatronics (Dongguan), secured initial precision machining orders for components used in NVIDIA products, while Sun Mansfield Manufacturing (Dongguan) was awarded a project by IEIT Systems.
The company expects to start production of metal casings and components for GPU servers for IEIT later this month.
Shares of the company surge 32.73% at 4:50 pm, Oct 13.
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