South Korea-based automation firm eyes Penang’s thriving semiconductor ecosystem - MIDA | Malaysian Investment Development Authority
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South Korea-based automation firm eyes Penang’s thriving semiconductor ecosystem

South Korea-based automation firm eyes Penang’s thriving semiconductor ecosystem

06 Jun 2024

PENANG is now witnessing robust growth and demand in its semiconductor sector, marked by the establishment of a three-storey office by Emerix Malaysia Sdn Bhd in Batu Kawan this year.

Its chief executive officer William Lee said that the South Korea-based company aims to set up a factory in the state by 2027.

“Penang is a prime destination for our company’s growth due to its semiconductor ecosystem, known as the Silicon Valley of the East.

“We have the expertise in developing flying probe technology, especially with our established household name in South Korea.

“I can proudly say that we are one of the fastest-growing automation companies globally, focusing on flying probe tester, and research and development (R&D).

“We hope to expand our manufacturing operations in Penang in the future,” he said at a press conference in Komtar today.

Lee said the company would continue to engage with the state government to ink a memorandum of understanding (MoU) with the leading learning institutions.

“We hope to share our knowledge of automation with the students here,” he added.

Deputy Chief Minister II Jagdeep Singh Deo, who was present, was delighted with the Emerix’s announcement to set up its base in Penang.

“Penang has now become the preferred investment destination for investors, and we hope to keep this momentum going in the future,” he said.

Jagdeep praised the company’s mission to establish its manufacturing operations in the state, expressing hope that this would attract more international firms to follow suit.

Source: Buletin Mutiara

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