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Intel to Quadruple Cutting-Edge Chip Packaging Capacity by 2025

August 23, 2023  —  Intel aims to quadruple capacity for its most advanced chip packaging services by 2025, including with a new facility in Malaysia, as America’s biggest chipmaker seeks to regain the global lead in semiconductor manufacturing. The factory being built in Penang will be Intel’s first overseas facility for advanced 3D chip packaging, what […]

‘Streamline TVET and Industry Tools’

Aug 15, 2023 — The government’s expansion of public-private collaboration on technical and vocational education and training (TVET) has garnered praise from educationists. However, they highlighted the need to attract more students and simplify industry requirements, particularly in setting up crucial infrastructure for trainees. EIS-UPMCS Centre for Future Labour Market Studies (EU-ERA) senior economist Dr […]

Coraza Buys Land in Penang for Expansion

Aug 14, 2023 — Coraza Integrated Technology Bhd has acquired a parcel of freehold land in Penang for RM17.69 million to boost its production capacity.   The land, measuring 8,538 square metres, has offices and factories erected on it, said the integrated engineering solution provider in a bourse filing.   Coraza said the acquisition is […]

Malaysia Joins Ericsson’s Global 5G Equipment Manufacturing Supply Chain

Malaysia is the first manufacturing facility in Southeast Asia for Ericsson to produce state-of-the-art Ericsson 5G radios Investment in manufacturing is in addition to Ericsson’s many socioeconomic contributions the company has implemented for Malaysia  Malaysia will benefit from local job creation and skills transfer   August 4, 2023 — Global 5G leader Ericsson (NASDAQ: ERIC) has […]

[Press Release] Enovix Joins Forces with YBS International Berhad to Unveil its Next-Generation Battery Manufacturing Facility in Penang Science Park

August 1, 2023 — Enovix Corporation (“Enovix”) (Nasdaq: ENVX), an advanced silicon battery company and YBS International Berhad (“YBS”) (MESDAQ: YBS:KLS), a Malaysia-based investment holding company with segments including electronic manufacturing and assembly, high-precision engineering, and precision machining and stamping, among others, came together today to mark a momentous occasion – the signing ceremony of […]

[Press Release] Bosch Opens New Semiconductor Backend Site for Chips in Penang

Total investment of EUR 350 million to strengthen the global supply chain for semiconductors The fully connected backend site is one of Asia’s most advanced facilities that focuses on final testing of semiconductors and sensors for mobility applications. Spanning a land size of 100,000 square metres, the new site covers around 18,000 square metres of […]