PERAK, Sept 8 (Bernama) — XP Power, one of the world’s leading developers and manufacturers of critical power solutions for the electronics industry, has begun construction on its latest manufacturing facility in Perak, Malaysia. The Asia III site will be the company’s largest facility, representing the biggest investment valued at RM228 million for Phase 1, over the span of 5 years. This expansion is vital in XP Power’s global growth strategy, increasing production capacity to support surging customer demand across regions.
Construction will begin in September, with the facility expected to be fully operational by second quarter 2024. The new factory complements the company’s existing sites in Vietnam, China, the US, and Germany, enhancing the resilience and flexibility of its supply chain. It will also create significant employment opportunities in the surrounding region. The factory, once completed, will employ approximately 1,200 people.
