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

[Press Release] GlobalFoundries Announces Opening of New Malaysia Office to Support Global Manufacturing Operations

Engineering team in Penang, Malaysia is part of a strategic hub network that will provide round-the-clock support for GF’s global manufacturing operations Penang office will utilize the latest digital manufacturing technologies such as remote access and state-of-the-art Factory Control Tower New site will create 300 new jobs for engineering and manufacturing support roles in Penang […]

[Press Release] Federal Oats Mills Embarks on a New Era of Oats Production with State-of-The-Art Plant

September 21, 2023 – Federal Oats Mills Sdn. Bhd. (FOM), a pioneering leader in the oats industry, is proud to announce a significant milestone as it inaugurates its cutting-edge oat processing plant. With a rich history dating back to its incorporation in 1965, FOM has continuously evolved and innovated, establishing itself as Southeast Asia’s first […]

How Malaysia Fostered a Semiconductors Industry That Brought in Investors Like Tesla & Intel?

Did you know that Malaysia is one of the top 10 semiconductor manufacturers in the world? According to various reports, from ones by Insider Monkey to the government, Malaysia is consistently listed in the top 10 semiconductor manufacturing countries, placed between the UK and the Netherlands at around number seven or eight. Statista reported that in 2022, approximately 32.64 […]

[Press Release] xFusion Sets Up a Global Supply Center in Penang

September 1, 2023 – Leading global provider of computing power infrastructure and services xFusion International Pte Ltd (“xFusion”) (超聚变数字技术有限公司) has chosen Malaysia to house its maiden Global Supply Center. Located in Seberang Perai, Penang, the 254,491 sq ft Global Supply Center will be a key hub for xFusion’s international market, with annual production capacity of […]