[Press Release] TTM Technologies Celebrates the Grand Opening of its First Manufacturing Facility in Penang
The new facility is designed to meet the growing need to improve the resilience of the printed circuit board supply chain and expand geographic diversity April 25, 2024 – TTM Technologies, Inc. (NASDAQ: TTMI) (“TTM”), a leading global manufacturer of technology solutions including mission systems, radio frequency (“RF”) components and RF microwave/microelectronic assemblies, and quick-turn […]
[Press Release] Ultra Clean Holdings, Inc. Announces the Inauguration of its New RM250million Manufacturing Facility in Pulau Pinang
Ultra Clean Holdings, Inc. has opened a new manufacturing facility in Pulau Pinang, marking a major expansion in the semiconductor sector. Anticipated to generate an additional USD600 to USD800 million in revenue, significantly enhancing the local economy. From zero employees in 2020 to over 600 today, the facility boosts local employment and community involvement. The […]
[Press Release] LEM Inaugurates New High-Tech Plant in Malaysia
Electrical measurement technology specialist LEM has inaugurated a new €15.7m ($17m) state-of-the-art factory in Malaysia that combines environment-friendly design with advanced manufacturing technology. Setting up this new factory reflects LEM’s growth plan which is driven by increasing global demand for the company’s core products, current and voltage sensors. The need for decarbonization in mobility, industry, […]
Time is ripe for Malaysia to move upstream into designing chips
An employee inspects a printed circuit board at a production facility of automated test equipment designer Aemulus Holdings in Penang, Malaysia. © Reuters Wee Chian Koh is an economist with the ASEAN+3 Macroeconomic Research Office in Singapore. Marthe M. Hinojales and Hongyan Zhao are senior economists with the organization. April 11, 2024 — The increasingly […]