MKS Instruments, Inc. has announced that it is set to build a Super Center factory in Penang, Malaysia. Particularly, the new factory will support wafer fabrication equipment production in the region and globally.
Accordingly, the development plan of the company is to construct the new facility in three phases. MKS expects to hold groundbreaking of the new plant in early 2025.
YAB Tuan Chow Kon Yeow, Chief Minister of Penang, stated, “Often lauded for its well-developed industrial ecosystem, Penang has the capacities and capabilities to support the needs of industrial players. Specifically, in next-generation technologies and growth strategies.”
Moreover, YAM Tuan Chow Kon Yeow said the new project aligns with Penang’s ambition to move up the global semiconductor value chain. “MKS Instruments unlocks opportunities in semiconductor manufacturing, which creates more high-value job opportunities for the local workforce. I am delighted that MKS Instruments chose to locate its new facility here and I hope the Company will be able to reap many benefits from its operation in Penang, the Silicon Valley of the East.”
Mr. Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA) shared his excitement about the Company’s expansion into Malaysia. Specifically, he said this underscores Malaysia’s attractiveness as investments hub.
In addition, Sikh Abdul Majid said, “MKS Instruments’ decision to build a new facility in Malaysia underscores our nation’s growing reputation as a premier destination for advanced technology investments. This new facility highlights Malaysia’s attractiveness as a strategic hub for innovation and manufacturing. (It also) reflects the Company’s confidence in our highly skilled workforce and favorable business environment.”
He added, “Malaysia (has) a rich stream of talent and resources, making it an ideal location for high-tech companies like MKS Instruments to expand their operations. MIDA believes the Company’s activities in the semiconductor market will significantly enhance the capability of manufacturing processes in Malaysia, aligning with the New Industrial Masterplan 2030 (NIMP2030).”
Furthermore, MIDA considers the new investment a pivotal step in building Malaysia’s advanced manufacturing sector. Thus, Sikh Abdul Majid added, “Together, we will drive mutual growth and further enhance Malaysia’s rapidly expanding high-tech ecosystem.”
Meanwhile, Dr. John T.C. Lee, President and Chief Executive Officer of MKS said the company will bring to Malaysia its innovations and inventions. “MKS has a proud history of innovations and inventions that have shaped the evolution of the key industries we serve.”
“With close proximity to our customers, suppliers, and a robust technology infrastructure, Penang is home to a strong semiconductor ecosystem. Expanding our business in Malaysia is an important milestone for our Company. Moreover, we seek to continue to enhance our capabilities as a leader across a broad array of semiconductor manufacturing applications.”
13 June 2024