Malaysia's MemsTech denies nearing deal with Ford

Newswire

KUALA LUMPUR, Oct 28 (Reuters) - Malaysian technology firm Mems Technology Bhd denied on Thursday it was close to winning a multi-million-dollar contract to supply U.S. carmaker Ford Motor Co. with sensors. Chief Executive K. Sooriakumar told Reuters the firm was in talks with a number of car-makers worldwide for a possible contract, but denied a statement from a source close to the firm that it was set to strike a deal with Ford by the year-end. "The company is in talks with automotive ...

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