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View major news and upcoming events to explore Penang’s thriving key industries.

Broadcom launches RM59m global distribution warehouse in Penang

SEBERANG PERAI, Sept 19 — Leading semiconductor supplier Broadcom Limited opened a new RM59 million global distribution warehouse in Batu Kawan here today. The warehouse, which will complete the backend of Broadcom’s supply chain, will ship over 90 per cent of Broadcom’s products directly to its customers. “Broadcom’s estimated export revenue by 2018 will be around […]

Broadcom to become largest E&E exporter

NIBONG TEBAL: Leading global supplier of diverse analog and digital semiconductor connectivity solutions, Broadcom Limited, will be the biggest electrical and electronic (E&E) exporter in Malaysia next year. International Trade and Industry Minister Datuk Seri Mustapa Mohamed said Broadcom’s export value is expected to hit about RM65 billion, which is roughly 8% of the country’s total […]

IKEA breaks ground in Penang

KUALA LUMPUR (Sept 12): IKEA today held the groundbreaking ceremony for its fourth store in Malaysia located in Batu Kawan, Penang. The Swedish furniture chain said the store is set to open in 2019 and will be within a one-hour drive for more than 825,000 households in Penang. “It will be easy for millions of […]

Boston Scientific�s first Asian factory in Penang starts operation

KUALA LUMPUR: New York-listed Boston Scientific Corp has commenced operation at its new manufacturing plant in Batu Kawan Industrial Park, Penang. This is the 19th global manufacturing facility for the medical device giant, and its first in Asia. An official opening ceremony will take place in February next year. According to its vice-president and general […]

UST Global Malaysia Inaugurates New Facility in Penang, Malaysia

PENANG, Malaysia, September 8, 2017 /PRNewswire/ — UST Global Malaysia Intends to Boost the Company’s APAC Market Focus UST Global, a leading digital technology services company, today announced the opening of a new facility in Penang, Malaysia. This facility will be UST Global’s second centre in Penang. Commenting on the new facility, Amar Chhajer, Country Head of Malaysia, UST Global, said, “We […]