KUALA LUMPUR, July 30 -- Ultra Clean Holdings Inc (UCT), a US NASDAQ-listed developer and supplier of critical subsystems, ultrahigh purity cleaning and analytical services primarily for the semiconductor industry, will be setting up a 300,000 square foot manufacturing facility in the Batu Kawan Industrial Park, Penang.
The facility, scheduled to begin construction by the third quarter of 2020, would potentially employ more than 650 personnel over the next five years, including roles in manufacturing, engineering, research and development as well as quality management.
Minister of International Trade and Industry (MITI) Datuk Seri Mohamed Azmin Ali said the project provides a link across Malaysia’s established electrical and electronics industry.
“It will also enhance our country’s legacy as the ideal investment destination within the region, which offers a sustainable business environment to meet investors’ overall growth strategies,” he said in a statement today.
He said MITI and its agencies remain committed to growing Malaysia’s high technology, high value-added, knowledge-based investments.
“Malaysia has established a strong base of high-value manufacturing companies. The semiconductor industry continues to drive growth by supporting 5G and IoT (Internet of Things) proliferation,” he said.
He said with rapid expansion and robust progress in this industry, Malaysia is poised to capitalise on opportunities available and is well-positioned to be Asia’s high-tech manufacturing powerhouse.
Meanwhile, UCT chief operating officer Vijay Chinnasami said the company is proud to partner with the government in the effort to expand its global footprint as part of the company’s strategic growth plan.
“This state-of-the-art facility will ensure business continuity, enable us to better serve and bring value to our local and global customer base, and allow us to capitalise on longer-term growth opportunities,” he said.
KUALA LUMPUR, Sept 25 -- Serba Dinamik Holdings Bhd aims to reduce the company's dependency on oil and gas (O&G) revenue by an estimated 40-45 per cent by 2022.
KOTA KINABALU, Sept 22 -- The Malaysian Palm Oil Board (MPOB) has asked oil palm smallholders to register as members of Koperasi Penanam Sawit Mampan (KPSM) to benefit from its activities to boost their palm productivity and income.
KUALA LUMPUR, Sept 22 -- Tenaga Nasional Bhd (TNB) has successfully commenced operations of its second Large Scale Solar (LSS) project in Bukit Selambau, Kedah (LSS Bukit Selambau) on Sept 8, or 114 days ahead of schedule.
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