United States-listed chipmaker GlobalFoundries has on Tuesday announced the official opening of a new hub facility in Penang, Malaysia.

GlobalFoundries said in a statement that this new facility will create 300 high-value manufacturing support roles, including technicians, engineers, administrative and support functions.

According to the statement, the GlobalFoundries Malaysia office is part of a strategic hub network that leverages the company’s global footprint and complements its global fab operations by providing engineering resources to supplement operations on a real-time basis.

This site will utilize the latest digital manufacturing technologies such as remote access, Industry 4.0 solutions and GlobalFoundries’s state-of-the-art Factory Control Tower.

It is noted that the new Penang operation will ensure that all of GlobalFoundries’ global manufacturing sites in Singapore, the United States, and Europe have fundamental round-the-clock support enabling the company to maintain supply chain resiliency and sustainability for global operations, as GlobalFoundries continues to deliver on our commitments to meet the market demand for GF chips.

“Our newly opened Malaysia operations will leverage the strengths of our existing global manufacturing footprint and harmonize operations across all sites, offering customers truly world-class global operations,” said Kay Chai (KC) Ang, Chief Manufacturing Officer, GlobalFoundries.

“Penang is a vibrant location at the forefront of semiconductor manufacturing innovation,

“The forward-thinking policies of the government have built a strong ecosystem and attracted a large base of highly skilled talent in our industry that will enable us to diversify our talent pool,” he said.

According to the statement, the GlobalFoundries Malaysia office is located at Bayan Lepas, Penang, and will be a complement to the recently opened GF Singapore fabrication plant.

The close proximity between both countries provides opportunities for cross-border initiatives and broadening the talent pool.

“At a time where business and supply chain resiliency are key priorities, GlobalFoundries’ global manufacturing footprint sets the company ahead of the pack,

“Particularly, the company’s emphasis on digital manufacturing also aligns with Penang’s goals and roadmap as we continue to anchor our position as the Silicon Valley of the East,” said Chow Kon Yeow, Chief Minister of Penang.

Malaysia Digital Economy Corporation (MDEC) Chief Executive Officer Ts. Mahadhir Aziz said that the establishment of GlobalFoundries new hub facility signifies confidence in Malaysia’s robust and enabling ecosystem, its pool of digitally skilled talent and world-class infrastructure that affirms Malaysia’s position as the digital hub of ASEAN.

“Through the Malaysia Digital (MD) national strategic initiative and PEMANGKIN programs, we look forward to supporting GlobalFoundries’ expansion in Malaysia, transforming our digital capabilities, creating job opportunities, and further enhancing growth in the digital economy,” he said.

According to the statement, Malaysia hopes to achieve a 15 percent market share in the semiconductor and electronics industry by 2030, up from 13 percent.

The State, via InvestPenang, strives to provide continuous assistance and facilitation for all investors in Penang, while spearheading the development of a sustainable industrial ecosystem, and GlobalFoundries stands ready to support this effort with the opening of its new office.

GlobalFoundries one of the world’s leading semiconductor manufacturers. The firm developes and delivers feature-rich process technology solutions that provide leadership performance in pervasive high growth markets.

It offers a unique mix of design, development and fabrication services.

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