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WHAT’S HAPPENING

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

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 over 150,000 units of equipment including Graphics Processing Unit (“GPU”) server.

NationGate Holdings Berhad (“NationGate”)(“NationGate控股有限公司”) has been appointed as xFusion’s strategic partner to manufacture GPU servers for the global market.

GPU servers is a high powered server designed for data centers and are applicable to artificial intelligence, high performance computing, database and video analysis scenarios.

Together with home-grown electronics manufacturing services (“EMS”) provider NationGate as the strategic partner, the venture marks Malaysia’s continued presence in the global growth of the industry, which has expanded by an average of 30% in the last five years in China alone. (http://www.ecns.cn/news/2023-08-21/detail-ihcskrzm0985517.shtml).

The Global Supply Center was officiated by the Chief Minister of Penang, Yang Amat Berhormat (“YAB”) Tuan Chow Kon Yeow (曹观友).

Also present at the launch were Dato’ Seri Lee Kah Choon (李家全), Director of InvestPenang; Dato’ Loo Lee Lian (吕丽莲), Chief Executive Officer of InvestPenang; Encik Mohammad Ghaddaffi Sardar Mohamed, Director of Malaysian Investment Development Authority (MIDA) Penang; Dato’ Seri Wong Siew Hai (王寿苔), President of Malaysia Semiconductor Industry Association; Mr Jeffrey Liu (刘宏云), Chairman and Chief Executive Officer of xFusion Digital Technologies Co., Ltd and Mr Ooi Eng Leong (黄勇亮), Managing Director of NationGate.

YAB Tuan Chow Kon Yeow, Chief Minister of Penang, stated, “Penang is committed to further bolstering the industrial clusters, while promoting the growth of emerging sectors. On this note, we are pleased to be the choice location for xFusion. I am confident that the collaboration between xFusion and NationGate will translate into immense potential, strengthening Penang’s digital infrastructure and connectivity.”

Mr Jeffrey Liu, Chairman and Chief Executive Officer of xFusion said, the opening of the Global Supply Center in Penang is an important milestone in the Company’s overseas growth strategy. The state-of-the-art center will strengthen its worldwide supply network to ensure continuous, consistent delivery of products and services in its key markets.

“In additional to being a renowned high-tech manufacturing hub, Penang, also known as the Silicon Valley of the East is an ideal location for xFusion to set up the Global Supply Center due to the local availability of highly skilled workforce, the mature local supply chain as well as the close proximity to our business partner NationGate, Mr Liu said.

“With the increasing importance of digital infrastructure cutting across multiple sectors, we are excited for our new chapter here in Malaysia, which is well-positioned to further support the growth of the industry,” Mr Liu added.

Commenting on the partnership, Mr Ooi Eng Leong, Managing Director of NationGate, said the Company’s appointment as xFusion’s strategic partner is a testament to its growing capability and competency as an established EMS provider.

“With 12 years of operating history in Penang, NationGate provides EMS manufacturing services and technical support to its customers, many of whom are multinational companies from high growth industries such as networking and telecommunications, industrial instruments, data computing, consumer electronics, automotive and semiconductor.

“The appointment will further support NationGate’s journey to improve our expertise along the value chain, in order to solidify our position as a renowned one-stop EMS provider,” Mr Ooi said.

END

About xFusion International Pte Ltd
xFusion is a leading global provider of computing power infrastructure and services. The Company has 11 research institutes, 7 regional offices and 6 Global Technical Assistance Centers (GTACs) worldwide to serve customers in more than 130 countries and regions, including 211 Fortune Global 500 enterprises and covering telecoms, finance, Internet and governments industries. https://www.xfusion.com/en

About NationGate Holdings Berhad
NationGate is an EMS provider focusing on the assembly and testing of electronic components and products to produce completed printed circuit boards, semi-finished sub-assemblies and fully-assembled electronic products as well as semiconductor devices.

The Company supports customers in a diverse range of industries such as networking and telecommunications, data computing, industrial instruments, consumer electronics, automotive, semiconductor and others (mainly consists of manufacturers of medical devices, IoT, household electronic products and analytical instrumentation devices).

About InvestPenang
InvestPenang is the Penang State Government’s principal agency for promotion of investment. Its objectives are to develop and sustain Penang’s economy by enhancing and continuously supporting business activities in the State through foreign and local investments, including spawning viable new growth centres. To realize its objectives, InvestPenang also runs initiatives like the SMART Penang Center (providing assistance to SMEs) and Penang CAT Center (for talent attraction and retention). For more information, please visit https://investpenang.gov.my/ and follow InvestPenang’s social media channels: Facebook; LinkedIn.

Issued on behalf of xFusion International Pte Ltd and NationGate Holdings Berhad

Media Contacts:

Michelle Kuan Public Relations Consultancy
Michelle Kuan
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Email: michellekuan@gmail.com

InvestPenang
Elaine Cheah / Michelle Goy
Tel: +604 – 646 8833
Email: elaine@investpenang.gov.my / michelle@investpenang.gov.my