The manufacturer of high-performance test contacting solutions for global integrated circuit has announced the establishment of its Test Contacting Centre of Excellence in Kota Damansara, Selangor, with an investment of RM 40 million.
The investment is part of the company’s plan to further expand its business and to capture the immense opportunities from the semiconductor industry.
The Centre of Excellence will be established at the company’s expanded facility and will house state-of-the-art labs and equipment for the development of new intellectual properties (IPs) and products to serve its customers globally.
“The establishment of our state-of-the-art Test Contacting Centre of Excellence will accelerate the generation of IPs and development of talent. JF Technology will continuously invest in this Centre, especially on human capital development. We take pride that JF Technology operates with 99 per cent local talent and will continue with this commitment by creating more job opportunities through the Centre with the emphasis on high-income technical jobs for Malaysians. This, combined with the continuous development and enhancement of our country’s
technological and innovation ecosystem, will continue to strengthen Malaysia’s competitive edge and move our country up the semiconductor value chain,” Managing Director of JF Technology Berhad, Dato’ Foong Wei Kuong said.
“This project is both timely and significant given the current stage of the 5G rollout and the potential contribution to the Malaysian economy in terms of high-income employment. At the same time, this also demonstrated the ability of a Malaysian company adopting next-generation technology. It is anticipated that the establishment of this Test Contacting Centre of Excellence will result in the creation of approximately
77 new jobs by 2025 with around 80 per cent of the employees coming from the technical and engineering backgrounds. This would further solidify Malaysia’s position as a strategic investment destination for global companies, particularly in the Machinery and Equipment (M&E) industry, mainly in the Electrical and Electronics and Autonomous Vehicle sectors. In terms of adoption and production of sophisticated 5G technology-related products, commercialisation of 5G-related research and development (R&D), and transfer of new technologies in
manufacturing value chains, this project has significant potential for creating a multiplier impact within local domestic economy,” said Datuk Arham Abdul Rahman, Chief Executive Officer of Malaysian Investment Development Authority (MIDA).
“The company is also committed to its innovation path, having modernised its manufacturing facility in accordance with Industry 4.0 and investing in the cutting-edge software and hardware for its new Centre. JF Technology’s Test Contacting Centre of Excellence is meant to support 5G and electric vehicle (EV) development, which comes at an opportune time, particularly given the current phase of 5G rollout,” Datuk Arham added.