BAYAN LEPAS, May 5 – TTM Technologies, Inc. inaugurated its first manufacturing plant in Penang, Malaysia, with a significant investment of USD200 million (approximately RM958 million). Situated across 27 acres in Penang Science Park, the state-of-the-art facility boasts innovative and automated PCB manufacturing capabilities. This strategic move comes as a response to the rising demand for geographic manufacturing diversity and enhanced PCB supply chain resilience.
YAB Tuan Chow Kon Yeow, Chief Minister of Penang, expressed pride in Penang being chosen as the location for TTM’s pioneering venture in Southeast Asia. He highlighted Penang’s industrial ecosystem’s robustness, indicating its capability to support cutting-edge technologies and growth strategies. The opening ceremony, graced by esteemed dignitaries and TTM’s senior management, emphasized the plant’s potential to create approximately 1,000 job opportunities by 2025, fostering local talent and contributing significantly to Malaysia’s electrical and electronics industry.
