TTM Technologies celebrates grand opening of its first manufacturing facility  in Penang 

• Aims to create 1, 000 work for local skills by 2025
• New flower expected to generate around US$ 180 million by 2025.

TTM Technologies, Inc., a leading global manufacturer of technology solutions including mission systems, radio frequency ( RF ) components and RF microwave/microelectronic assemblies, and quick- turn and technologically advanced printed circuit boards (PCBs ), has officially opened its first manufacturing plant in Penang, Malaysia with an investment of US$ 200 million ( RM958 million ).

Built on 27 acres in Penang Science Park, the firm’s condition- of- the- art facility boasts extremely impressive and integrated PCB manufacturing capabilities. The near collaboration between TTM and its customers has led to this job, which seeks to address the growing need for Circuit supply chain resilience and physical producing diversity. &nbsp,

TTM added that the herb is customised to help large production requirements in various business finish markets, including network, data centre computing, medical, professional, and instrumentation.

The chief minister of Penang, Chow Kon Yeow, stated,” Penang is proud to be the place where TTM’s first large-scale, highly automated, and modern Board manufacturing plant is set up in Southeast Asia. This also indicates the assurance that foreign traders have placed in the state.”

He continued,” Penang has the abilities and capabilities to meet the needs of professional players in next-generation technologies and development strategies. It is frequently praised for its well-developed technological ecosystem. I’m confident that TTM’s activity in Penang, the Silicon Valley of the East, may have a number of advantages.

Chow Kon Yeow, Pn., presided over the standard opening ceremony for TTM’s Penang flower. Najihah Abas, executive director, Investment Promotion of Malaysian Investment Development Authority ( MIDA ), Loo Lee Lian, CEO, InvestPenang, Thomas Edman, president, and CEO, TTM Technologies, Inc., Philip Titterton, executive vice president and chief operating officer, TTM Technologies, Inc., senior government officials, and TTM’s senior management.

By 2025, TTM’s Penang plant will enable the creation of about 1, 000 job opportunities for local talent in a variety of industries. The expansion will support cultivate the skills of native professional talent in cutting-edge PCB technology solutions and may lead to significant opportunities for TTM’s local suppliers.

TTM anticipates that the fresh plant may produce full move level income of about US$ 180 million ( RM855 million ) by 2025. However, the plant is built to help a Step two rise that could result in a 25 cent increase. &nbsp, &nbsp,

Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO, MIDA emphasised,” It brings me great pleasure to underscore the significant benefits TTM Technologies ‘ investment brings to Malaysia’s electrical and electronics ( E&amp, E) industry, especially within the semiconductor sector. Malaysia is now a significant player in the global semiconductor supply ring thanks to TTM’s skills in high-tech options and advanced printed circuit boards.

He added that TTM’s center in Penang improves Malaysia’s E& E industry’s capacity for growth and endurance as well as its ability to compete with other countries for the next generation of Circuit manufacturing.

This growth, which focuses on strengthening the silicon habitat, perfectly corresponds with the strategic priorities outlined in the New Industrial Master Plan 2030. It opens avenues for skill enhancement and information sharing among native talents, reinforcing Malaysia’s stature on the world stage as a dynamic, technologically advanced nation”, Sikh Shamsul said.

Meanwhile, Thomas Edman ( pic ) commented,” The opening of our flagship plant in Penang marks a significant milestone for TTM. With a state-of-the-art facility that underscores our commitment to providing our customers with specialized advanced technology PCB solutions on a global scale, we are thrilled to begin this expansion plan.

He added,” As we step into this new era of innovation and expansion, we are committed to elevating industry standards, meeting customer needs, and propelling TTM’s growth as a new contributor to the Malaysian economy”.

” Penang’s strong industrial eco-system, position as the hub for electrical and electronic equipment, strong talent pool, and conducive business environment have made it a preferred location for TTM,” said Penang. Only two years after our initial ground-breaking, TTM is now entering our production ramp due to the outstanding support of the government and the efforts of our employees. As TTM builds our presence in Penang, we eagerly anticipate a longstanding relationship and mutually rewarding partnership with the Malaysian government, our customers, and our critical vendors”, Edman said.

Besides contributing to the industry’s needs, TTM is strongly committed to protecting its staff, community, customers, and the environment. The new facility’s goal is to advance its sustainability efforts by reducing the amount of energy and water used while still adhering to stringent environmental operational requirements. It will also reduce the carbon footprint by 60 % when compared to a traditional PCB plant.