BAYAN LEPAS, August 30 — RIGOL Technologies Co., Ltd. has announced a significant investment of over RM100 million in its first overseas manufacturing and R&D facility in Penang, Malaysia. The new subsidiary, RIGOL TECHNOLOGIES (MALAYSIA) SDN. BHD., marks a major step in RIGOL’s global expansion, featuring a 78,024-square-foot factory dedicated to the production of electronic test and measurement instruments. The facility will operate in two phases, with the first phase already in production and the second phase focusing on further production lines, an advanced R&D center, and a comprehensive overseas service center.
The investment has been welcomed by Malaysian officials as a boost to the local economy and the electronics and electrical (E&E) sector. Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of MIDA, highlighted the alignment with Malaysia’s New Industrial Master Plan 2030, emphasizing the creation of high-value jobs and the strengthening of Malaysia’s high-tech ecosystem. Dato’ Loo Lee Lian of InvestPenang echoed this sentiment, noting Penang’s established reputation as a hub for high-tech manufacturing. RIGOL’s CEO, Mr. Wang Ning, expressed excitement about the opportunities this new facility presents, both for the company’s growth and for nurturing local talent.
