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EXCELLENCE. DIGITISATION. RESILIENCE. These three words highlight distinctive features of the semiconductor industry in Penang which continue to power innovation, drive growth and ensure sustainability in what is already a hugely dynamic sector.
Excellence
In 2023, two global companies—Bosch and Enovix, announced their multi-million dollar investments in the Penang semiconductor industry.
In a letter to shareholders in April 2023, Enovix Corporation, a US-based advanced silicon battery company, disclosed that the company now has “a Fab 2 building and over 25 employees in Penang, Malaysia” and were in the process of closing local funding for their first Gen 2 Autoline for Fab 2, located in an existing YBS building at the Penang Science Park.[1] According to Ajay Marathe, COO of Enovix, “Malaysia, and especially the Penang region, is rich with semiconductor-trained engineers who have a manufacturing-excellence mindset.”[2]
Bosch, a leading global supplier of technology and services, also revealed that it had opened a new test centre for chips and sensors in Penang, at a cost of some EUR65 million, with plans to invest a further EUR285 million at the site by the middle of the next decade. [3]
