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

Laggard Elsoft Awaits its Moment to Shine

Main Market-listed Elsoft Research Bhd has been a laggard among Bursa Malaysia-listed automated test equipment (ATE) manufacturers, both in terms of share price gains and financial performance. Over the past five years, Elsoft’s share price has risen only 58%, whereas its bigger peers Pentamaster Corp Bhd and ViTrox Corp Bhd have seen gains of 18 […]

Keysight to Install Rooftop Solar Array in Penang, Malaysia

Oct 26 – Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that delivers advanced design and validation solutions to help accelerate innovation to connect and secure the world, announced the installation of a rooftop solar array at the company’s largest site, located in Penang, Malaysia, with completion estimated for Spring 2022. Keysight is committed […]

Cover Story: SkyeChip Reaches for the Stars

Nearly 10 years ago, S K Fong, who was then the senior vice-president of research and development at Altera, spoke about the need for Malaysian companies in the electrical and electronics (E&E) sector to move up the value chain. He said it was time to graduate from back-end semiconductor services (such as test and assembly) […]

InvestPenang Inks MoU with HSBC Malaysia to Attract High Quality Investments

Penang, Oct 26, 2021 – InvestPenang and HSBC Bank Malaysia Berhad (HSBC) have signed their first Memorandum of Understanding (MoU), that focuses on bringing high quality foreign direct investments into Penang and Malaysia, tapping into each party’s comparative advantage as leverage. With its strategic location in the ASEAN region and significant integration in the global […]

Tech: Penang Automation Cluster Aims to Build Local Supply Chain and Elevate SME Capabilities

Building automated equipment systems is akin to the assembly and production of vehicles. Visitors to automotive manufacturing plants would have observed that they usually operate in industrial clusters — the better to attract customers, precision engineering firms and material suppliers. Likewise for technology equipment manufacturers and automation houses, as they would require high-precision metal fabrication […]

Hotayi BK2 A Timely Expansion Project to Celebrate Firm’s 30th Anniversary Next Year

Oct 16 – Another milestone is on the way for Hotayi Electronic (M) Sdn Bhd as they celebrated the groundbreaking ceremony of a new plant called ‘Hotayi BK2’ in Batu Kawan today. Founded in 1992, the company is hopeful of celebrating not one but two achievements next year, which is its three decades of existence […]

PCB Manufacturing Remains GUH Holdings’ Bread and Butter

Main Market-listed GUH Holdings Bhd may be more diversified these days, but its bread and butter is still substantially printed circuit board (PCB) manufacturing. GUH has businesses in property development, water and wastewater solutions, plantations, education and electrical appliances, and recently ventured into Taiwan’s solar power industry with Leader Energy Group through a joint-venture vehicle. […]

Greatech Set to Raise Capacity with New Plant

Oct 14 – Greatech Technology Bhd’s RM51mil new plant on a seven-acre site in Batu Kawan is scheduled for occupancy by next May. Group chairperson Ooi Hooi Kiang (pic) said the 265,000 sq ft modern production and office building would accelerate the timeline for customer delivery, supporting sustainable growth for the future. “The building is scheduled […]

Penang State Government Lauds Western Digital Batu Kawan for Its Prestigious Lighthouse Network Award by the World Economic Forum

Penang State Government Lauds Western Digital Batu Kawan for Its Prestigious Lighthouse Network Award by the World Economic Forum Sets the Benchmark for IR4.0 for Manufacturing Peers in Penang & Country Batu Kawan, Penang, 8 October 2021 – With nearly half a century of industrial experience, Penang has successfully cultivated a strong industrial ecosystem and […]

InvestPenang Upbeat on Recovery with Steady GDP Growth, Potential Investments

Oct 6 – InvestPenang is optimistic on Penang’s recovery post-COVID-19, driven by the state’s steady Gross Domestic Product (GDP) growth despite challenges posed by the pandemic. Chief executive officer Datuk Loo Lee Lian said the state’s GDP was growing at an average of 5.0 per cent annually from 2016 to 2019; however, the COVID-19 pandemic has affected […]