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

Smith+Nephew Opens World-Class Manufacturing Facility in Malaysia to Support its Orthopaedics Business

Penang, 28 June 2022 – Smith+Nephew, the global medical technology company, today opened its new high technology manufacturing facility in Batu Kawan Industrial Park in Penang, Malaysia. The 250,000 square-foot facility, worth more than USD100 million in investment, will primarily support the company’s Orthopaedics business, which is expected to grow strongly in the Asia Pacific […]

Penang Internship Subsidy Programme (PISP) Award Presentation

Penang, Jun 24, 2022 – Penang’s approved manufacturing investments hit a record high of RM76.2 billion, surged 440% year-on-year. Penang’s 2021 record significantly outpaced the past performances, exceeded the cumulative investments garnered from 2012 to 2020 (RM73.1 billion). According to the data from the Malaysian Investment Development Authority (MIDA), Penang’s investment inflows in 2021 involved […]

[Press Release] LEM Announces Inauguration Ceremony for New Production Plant in Malaysia

Geneva, Switzerland, and Penang, Malaysia, 23 June 2022 – LEM (SIX: LEHN), a leading global company in electrical measurement for renewable energy, automation, power network and e-mobility applications, announces that an inauguration ceremony is being held today in Penang, Malaysia for its new production plant. The ceremony is attended by the Chief Minister of Penang, […]

[Press Release] SEMICON Southeast Asia 2022 Opens Tomorrow With Focus on Sustainability and Supply Chain Resilience

PENANG, Malaysia – 20 June 2022 – Spotlighting critical issues including sustainability and supply chain resilience, SEMICON Southeast Asia 2022, the region’s premier gathering of the semiconductor and microelectronics industry, opens tomorrow as experts convene for insights into the latest industry trends, developments and innovations. Returning to the Setia SPICE Convention Centre in Penang for […]

[Press Release] TF-AMD Expands its Presence in Malaysia with New Manufacturing Site

Penang June 14, 2022 — TF-AMD Microelectronics Sdn. Bhd. today announced plans to expand its manufacturing facility in Penang with the construction of a second site at Batu Kawan Industrial Park, Penang. With nearly RM2 billion of capital investment, the new manufacturing facility is expected to create more than 3,000 new jobs in advanced semiconductor […]