Trek 2000 International clinches US$10m order to supply IOT-enabled storage solutions

TREK 2000 International has obtained a US$10 million deal to supply Internet of Things-enabled digital storage solutions to a Shenzhen-based company for one year.

Under the contract, Trek will deliver a full range of IOT memory modules for integration with Secure Digital, Mass Storage Device, Universal Serial Bus and Solid State Drives interfaces to Starsway Memory, said the Singapore mainboard-listed in a regulatory statement on Monday.

Starsway is a manufacturer of storage device solutions operating in Shenzhen.

Trek closed down 0.94 per cent at S$0.105 on Monday, before this announcement was made.