{"id":40986,"date":"2019-04-19T09:43:33","date_gmt":"2019-04-19T01:43:33","guid":{"rendered":"https:\/\/investpenang.gov.my\/cisco-systems-to-increase-investments-in-malaysia\/"},"modified":"2025-12-02T17:20:31","modified_gmt":"2025-12-02T09:20:31","slug":"cisco-systems-to-increase-investments-in-malaysia","status":"publish","type":"post","link":"https:\/\/investpenang.gov.my\/zh-hans\/cisco-systems-to-increase-investments-in-malaysia\/","title":{"rendered":"Cisco Systems to increase investments in Malaysia"},"content":{"rendered":"

[vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” el_class=”sec-inner-banner” css=”.vc_custom_1703741584745{background-image: url(https:\/\/investpenang.gov.my\/wp-content\/uploads\/2023\/12\/contact-banner-bg.jpg?id=20253) !important;}” z_index=””][vc_column][vc_row_inner row_type=”row” type=”grid” text_align=”left” css_animation=”” el_class=”inner-banner-row”][vc_column_inner][vc_column_text]<\/p>\n

Cisco Systems to increase investments in Malaysia<\/h1>\n

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19 April 2019<\/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=”28816″ 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]KUALA LUMPUR: Cisco Systems, a US-based technology company will be increasing investments at its Malaysian plant, said country manager Albert Chai.<\/p>\n

He said that this was due to higher demand for technology as well as digitisation adaptation.<\/p>\n

\u201cOur plant in Penang is one of the five manufacturing hubs which contribute a substantial amount to the total manufacturing output from Cisco\u2019s multi-billion global market share,\u201d he told a media briefing on Malaysia\u2019s small medium enterprises edging towards the next stage of digital maturity.<\/strong><\/p>\n

Albert said from its establishment in 2005, the plant now employs directly and indirectly 5,000 employees, with 99% being locals.<\/p>\n

\u201cOver the years, the number of employee has steadily grown. Despite the global slowdown in the manufacturing sector, we are optimistic of continuing to perform, as we produce high value products,\u201d he added.<\/p>\n

With the additional investments, Cisco will also increase its production lines to include many other value added services.<\/p>\n

\u201cOur business is growing at a robust rate and we are confident of recording double-digit growth for our financial year 2020,\u201d Albert said.<\/p>\n

He also said Malaysia had the right skill-sets, especially in the electrical and electronics sector, that is needed to push the industry forward. \u2014 Bernama<\/p>\n

Source:\u00a0The Star<\/a><\/p>\n

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