{"id":40887,"date":"2020-02-05T16:20:26","date_gmt":"2020-02-05T08:20:26","guid":{"rendered":"https:\/\/investpenang.gov.my\/press-release-lam-researchs-investment-further-elevates-penangs-position-in-the-regional-ee-industry\/"},"modified":"2025-12-02T17:08:40","modified_gmt":"2025-12-02T09:08:40","slug":"press-release-lam-researchs-investment-further-elevates-penangs-position-in-the-regional-ee-industry","status":"publish","type":"post","link":"https:\/\/investpenang.gov.my\/zh-hans\/press-release-lam-researchs-investment-further-elevates-penangs-position-in-the-regional-ee-industry\/","title":{"rendered":"[Press Release] Lam Research\u2019s Investment further elevates Penang\u2019s Position in the Regional E&E Industry"},"content":{"rendered":"

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[Press Release] Lam Research\u2019s Investment further elevates Penang\u2019s Position in the Regional E&E Industry<\/h1>\n

[\/vc_column_text][vc_separator type=”normal” el_class=”red-separator” color=”#ee4023″ transparency=”1″ thickness=”2″ up=”15″ down=”15″][vc_column_text css=”” el_class=”white-text”]<\/p>\n

5 February 2020<\/p>\n

[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”grid” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” css=”.vc_custom_1703764846254{background-color: #f3f5f8 !important;}” z_index=””][vc_column el_class=”fade-in animate”][vc_empty_space height=”120px” el_class=”height-x120″][vc_row_inner row_type=”row” type=”grid” text_align=”left” css_animation=””][vc_column_inner][vc_single_image image=”29378″ img_size=”full” qode_css_animation=”” el_class=”single-featured-image”][\/vc_column_inner][\/vc_row_inner][vc_empty_space height=”60px” el_class=”height-x60″][vc_row_inner row_type=”row” type=”grid” text_align=”left” css_animation=”” el_class=”content-row”][vc_column_inner][vc_column_text]A global supplier of wafer fabrication equipment and services, the company\u2019s investment would have far-reaching impacts on Penang, especially on enhancing the E&E ecosystem and supply chain localization opportunities, uplifting the workforce\u2019 skillsets and economic spill-over effect.<\/strong><\/p>\n

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PENANG, Feb. 5, 2020<\/strong> \u2013 The Penang state government is pleased to announce that Lam Research Corporation, a global supplier of wafer fabrication equipment and services to the semiconductor industry, has selected Batu Kawan Industrial Park in Penang, Malaysia, to expand its production capacity. The new Penang site will be complementing Lam Research\u2019s existing production sites in the United States, Austria and South Korea.<\/p>\n

In a press conference today, the Right Honourable Chief Minister of Penang, Chow Kon Yeow, announced that Lam Research will be investing on a new 34-acre site with 700,000 sqft of office, manufacturing facilities and warehouse. An estimated of 350 high value jobs will be created over the next three years.<\/p>\n

Being one of the leaders in semiconductor capital equipment, Lam Research\u2019s presence will complement Penang\u2019s established regional hub position in the back-end high technology machinery and equipment and semiconductor assembly and testing. The addition of Lam Research will enable Penang to further expand its capability and enhancing its relevancy in the global semiconductor industry.<\/p>\n

Chow said: \u201cPenang is proud to be the new site for Lam Research. This strategic investment is a significant boost to Penang\u2019s electronics and electrical (E&E) ecosystem and elevating its status in the world map of the semiconductor industry. Lam Research\u2019s investment is expected to have far-reaching impacts, especially on supply chain localization opportunities, uplifting the skillset of technical workforce and local SMEs as well as high economic spill-over and multiplier effects.\u201d Chow added that Lam Research\u2019s footprint in Penang will attract more relevant vendors to invest here and enable Penang to create a more robust E&E ecosystem than ever.<\/p>\n

Kevin Jennings, Senior Vice President, Global Operations of Lam Research said that: \u201cWe are excited to partner with Penang and the government of Malaysia as we add to our global footprint. This facility is additive to Lam\u2019s global operations and enables us to provide additional capacity, ensure business continuity for critical activities, and most importantly, improve our speed to solutions by being closer to customers and suppliers in the region.\u201d<\/p>\n

Construction of the new facility is expected to begin early 2020, with the first shipment expected by 2021.<\/p>\n

Chow also expressed his deepest gratitude to Lam Research for choosing Penang as its new site. He also thanked the Federal Government, particularly the Ministry of Finance (MOF), Ministry of International Trade and Industry (MITI), Malaysian Investment Development Authority (MIDA) and the National Committee on Investment (NCI) for the synergistic efforts in bringing in strategic investments.<\/p>\n

END<\/strong><\/p>\n

About InvestPenang<\/strong>
\nInvestPenang is the Penang State Government\u2019s principal agency for promotion of investment. Its objectives are to develop and sustain Penang\u2019s economy by enhancing and continuously injecting business activities in the State through foreign and local investments, including the spawning of viable new growth centres. To support the realization of its objectives, InvestPenang also runs initiatives like SMART Centre (to assist SMEs), Penang CAT Centre (to assist talents) and @CAT Penang (to assist start-ups).<\/p>\n

For media enquiries, please contact:<\/strong><\/span>
\nYeoh Bit Kun \/ Lee Siu Ming
\nbitkun@investpenang.gov.my\/<\/a> siuming@investpenang.gov.my<\/a>
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