ELECTRICAL and electronic (E&E) companies in Penang have an added advantage as the demand for electric components is on the rise.
investPenang director Datuk Seri Lee Kah Choon said with the Internet of Things, Industry 4.0, Big Data, artificial intelligence and more, there is a need for more electric components.
Speaking at a press conference at the SEMI South-East Asia member and industry partners appreciation 2018 event at Olive Tree Hotel, Penang, recently, Lee said that Penang is a promising spot for the electrical and electronics industry as the technology surge brings benefits for the sector.
“The environment is very good due to the competitive foreign exchange,” he explained.
He also urged companies not to be complacent with current success and to continuously upgrade in terms of technology and invest in its resources, for both its human resource and machinery.
Earlier, International Trade and Industry Ministry (Miti) sectoral policy principal assistant director Alia Md Saleh spoke about ‘Industry4WRD: The National Policy on Industry 4.0’.
SEMI Southeast Asia president Ng Kai Fai delivered a briefing about SEMI, which connects over 2,000 member companies and 1.3 million professionals worldwide to advance the technology and business of electronics manufacturing.
He urged the 100 guests who attended the appreciation event to attend the upcoming SEMICON Southeast Asia to be held between May 7 and 9, next year at Malaysia International Trade and Exhibition Centre in Kuala Lumpur.
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