Elna PCB Expands Footprint In Penang With RM1 Billion Investment

Elna PCB Malaysia Sdn Bhd committed to a new plant in Seberang Perai Tengah, Penang bringing an investment value of approximately RM1 billion for the equipment, plant, and machinery, the construction, which commenced in December 2022, is expected to be completed within a year.

Spanning a land area of 10,289 square meters, the new plant is designated to manufacture PCBs for the usage of automotive, server, networking, laptop, desktop and consumer electronic devices products. Upon completion, the new plant is expected to create an additional 1,000 employment opportunities to support the ecosystem with its increased growing capacity.

We chose Penang as our present and future home, as Penang’s competitive edge lies in its skilled workforce, robust market and supply chain. Our local suppliers have been very supportive and we wish to strengthen our ties with them by enabling more localization activities. In addition, Penang’s top-notch infrastructure and the strong government support are also the key reasons for us to invest in Penang,” said Mr. Ian Yang, the President of ELNA PCB.

Established in 1994, Elna PCB became part of the PSA Group in Taiwan, following a joint venture between PSA Group and Japan-based Elna Printed Circuit in 2018. PSA Group, short for Passive System Alliance, belongs to Walsin Lihua Group, an international conglomerate headquartered in Taiwan with operations spanning wire and cable, stainless steel and renewable energy. Having more than 50 production bases globally, including Taiwan, China, Japan and Malaysia, PSA’s business entities focus on PCBs, passive components, electronic manufacturing services and assembly.

Previous articleUpgrading Of ACFTA To Immensely Strengthen PRC-Malaysia Ties
Next articleChina Fines 5 Banks Including Standard Chartered US$56.5 Million For Irregularities

LEAVE A REPLY

Please enter your comment!
Please enter your name here