GEORGE TOWN: Taiwan-based copper-clad laminate manufacturer Elite Material Co Ltd (EMC) is investing RM900mil to set up a facility at Penang Science Park North.
Chairman and chief executive officer Albert Dong said it has started construction on 5.6 hectares. There will be two phases with the first expected to be completed in the first half of 2025.
“This is our first facility in South-East Asia. We chose Penang because it is a regional semiconductor hub with the largest industry cluster comprising global companies in the region,” he said in a press conference with Penang Chief Minister Chow Kon Yeow.
He said the facility will serve local and global customers, providing EMC with additional growth momentum.
The facility is expected to generate monthly revenue of RM150mil at a maximum production of 750,000 copper-clad laminate sheets. — Bernama
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