Mida chief executive officer Datuk Arham Abdul Rahman also shared that the electrical and electronics manufacturing industry was rapidly evolving. “More companies are demanding knowledge-intensive, hi-tech and innovative activities. Mida is targeting more front-end and back-end semiconductor players, as well as their supply chains to consider Malaysia as an alternative site for their production."
PETALING JAYA: South Korea-based printed circuit board (PCB) manufacturer, Simmtech, will be investing RM508mil to set up its first large-scale factory at the Kawan Industrial Park in Penang.
Simmtech and the Malaysian Investment Development Authority (Mida) said in a joint statement that the new factory will create more than 1,000 high-skilled jobs in engineering, manufacturing and quality management by the first half of 2022.
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