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

[Press Release] Jutze Interconnect Sdn Bhd Launches New Facility for Wire Harness and Cable Assembly

November 29, 2023 – Jutze Interconnect Sdn Bhd, a leading manufacturer of wire harness and cable assembly, has announced the launch of its maiden facility for wire harness and cable assembly in Bayan Lepas Industrial Zone, Penang, Malaysia.  Jutze Interconnect Sdn Bhd is equipped with the latest state-of-the-art facilities, advanced technology, and eco-friendly features designed […]

[Press Release] INV New Material Technology (M) Sdn Bhd Groundbreaking at Penang Technology Park @ Bertam

November 29, 2023 – INV New Material Technology (M) Sdn Bhd marked a significant milestone with the groundbreaking ceremony at the Penang Technology Park @Bertam in Penang, Malaysia. The ceremony was honored by the presence of key dignitaries, including the Right Honourable Mr. Chow Kon Yeow, Chief Minister of Penang, Mr. Zhou Youbin, Consul General […]

[Press Release] Phabritek Opens New Facility in Batu Kawan with RM100 Mln Initital Investment

November 18, 2023 – Phabritek Sdn Bhd, which specialises in the manufacturing of optoelectronic multiplexers, modules and components, has announced the opening of its new manufacturing facility in Batu Kawan, near here, with an initial investment of RM100 million. Phabritek, a wholly-owned unit of Accelink Technologies Co Ltd, said the new facility will primarily focus […]

Enovix to Open its Silicon Battery Plant in Penang and Pump in RM5.8 Billion Investment

November 16, 2023 – Enovix Corporation, an advanced silicon battery company, will establish its first high-volume manufacturing facility in Penang, marking a significant milestone in the company’s global expansion strategy. The company’s investment plan was disclosed by Prime Minister Datuk Seri Anwar Ibrahim following a one-on-one meeting held on the sidelines of the Asia-Pacific Economic […]

Global Semiconductor Manufacturing Industry Set for Q4 2023 Recovery, SEMI Reports

November 13, 2023 – The global semiconductor manufacturing industry is on track for recovery in the fourth quarter of 2023, setting the stage for continued growth in 2024, SEMI announced today in its Q3 2023 publication of the Semiconductor Manufacturing Monitor (SMM) Report, prepared in partnership with TechInsights. Electronic sales are predicted to register a robust 22% […]