Industry News

• 27 May 2010
  Electronics sector in Malaysia expects to remain positive

  Source: MIDA e-News The prospects of the electronics industry in Malaysia remains positive for the second half of the year, with more companies reinvesting and expanding capacities amid rising prices of inputs due to a grave shortfall. New...

• 20 May 2010
  Western Digital invests US$1.2 billion in Malaysia

  Source: MIDA e-News Western Digital (WD) Corporation is to further expand its research and development and manufacturing in Malaysia with capital investments amounting to US$1.2 billion over the next five years. The company's President and Chief...

• 19 May 2010
  Western Digital to add $1.2bln new investment in Malaysia

  Source: Xinhua KUALA LUMPUR, May 18 (Xinhua) -- World leading storage applications producer Western Digital (WD) plans to increase investment by 1.2 billion U.S. dollars in Malaysia over the next five years. WD President and Chief Executive...

• 17 May 2010
  Malaysia’s economy up 10.1% in Q1

  Source: MIDA e-News Malaysia recorded a strong 10.1% gross domestic product (GDP) growth in the first quarter, the highest Q1 results over ten years, says Prime Minister Datuk Seri Najib Tun Razak. In announcing the first quarter performance in...

• 13 Apr 2010
  NI to invest US$80m in Penang facility

  Source: The Star Plans under way to distribute products to Asia-Pacific later this year GEORGE TOWN: Nasdaq-listed National Instruments (NI) is investing US$80mil in a manufacturing facility in Penang, which is scheduled to commence operation in...

• 10 Apr 2010
  Acumen to boost investment in lab

  Source: The Star BUTTERWORTH: Texchem Resources Bhd subsidiary Acumen Scientific Sdn Bhd plans to increase its investment for its science laboratory in Prai Industrial Estate to RM10mil next year. Speaking after the official opening of the...

• 09 Apr 2010
  World Bank: Malaysian economy to grow 5.7%

  Source: MIDA Malaysia's economy is expected to grow at a faster rate of 5.7% this year, according to The World Bank, compared to its November forecast of 4.1% for 2010. The East Asian region is also expected to record a higher growth of 8.7% from...

• 08 Apr 2010
  SMEs invest more in R&D

  Source: MIDA A number of small and medium-sized enterprises (SMEs) are investing more in research and development (R&D) activities, as they move up the value chain to supply the changing needs of multinational corporations (MNCs). In Penang,...

• 05 Apr 2010
  SIA Reports February Chip Sales

  Source: SIA SAN JOSE, CA – April 5, 2010 – The Semiconductor Industry Association (SIA) today reported that worldwide semiconductor sales in February were $22.0 billion, a decrease of 1.3 percent from January when sales were $22.3 billion. February...

• 02 Apr 2010
  Sectors with potential for growth

  Source: MIDA Prime Minister Datuk Seri Najib Tun Razak in announcing the New Economic Model (NEM) contained in the National Economic Advisory Council (NEAC) report, yesterday, had identified a number of key sectors with potential for growth to lift...