The history of our Group can be traced to the establishment of i-Stone Technology on 29 January 2007. We commenced operations with our in-house E&E engineering team developing E&E design and programming application software used to operate specialised automation machines.
In 2010, we set up our in-house mechanical engineering team to develop mechanical designs for our specialised automation machines. With this we are able to undertake the entire engineering and software design of our specialised automation machines, comprising E&E design, mechanical design, and application software design, which further increased our flexibility in customising specialised automation machines for our customers, which are mainly brand owners and contract manufacturers.
In 2011, we ventured into the distribution of manufacturing automation hardware and software, Minitab brand of statistical analysis software used for statistical analysis of manufacturing processes; and Digi International brand of wireless communication devices and related embedded modules, which are mainly used for loT systems.
In 2013, we ventured into the design and fabrication of precision parts used in our specialised automation machines. This has enabled us to reduce our dependency on third party suppliers, whilst allowing us to have more flexibility in designing and fabricating precision parts with specific dimensions and/or designs required by our customers used for their specialised automation machines.
In July 2016, we further expanded our in-house capabilities to include the design and fabrication of metal panels and frames used mainly as casings and structure for our specialised automation machines. This expansion enabled us to further increase our flexibility in customising our specialised automation machines by designing and fabricating the specialised automation machines' metal panels and frames in-house. With our in-house design and fabrication capabilities, we have better control of our product quality and manufacturing lead time.
In April 2018, we became a distributor of Universal Robots to sell, install and provide supporting activities of their robotics technology equipment in Malaysia. The supporting activities include, amongst others, integration service of robotic arms into our specialised automation machines and training for the use and application of robotic arms to customers.
In October 2018, we relocated all our manufacturing operations to the New Factory. With the centralisation of our manufacturing and fabrication activities at a single manufacturing facility, we are able to optimise our entire manufacturing processes into a seamless flow to increase our efficiency and productivity.