PENANG, May 9 (Bernama) — SIMMTECH, a South Korea-based global leading manufacturer for semiconductor packaging substrate and HDI Printed Circuit Board (PCB), held the grand opening ceremony for its Malaysia-based subsidiary, SUSTIO Sdn. Bhd. in Batu Kawan Industrial Park, Penang. This new factory will be SIMMTECH’s first advanced manufacturing facility in Southeast Asia and the group’s eighth factory along with its other operations in Korea, China and Japan. SUSTIO’s factory in Penang will increase SIMMTECH’s total capacity of substrate and PCB by 20 per cent, which will immediately contribute to improve the semiconductor industry supply constraint situation which can aptly address the needs among the industry players.
The Chief Minister of Penang, the Honourable Mr. Chow Kon Yeow said “Penang is pleased to see an emergence of players along the semiconductor supply chain, enabling the State to reap a myriad of benefits from the increased robustness of its well-developed industrial ecosystem. Being the first major Korean investor from the semiconductor industry in Penang and a critical supplier for memory module PCB and substrate, the presence of SUSTIO is poised to bring greater opportunities for supply chain resiliency.”
