Latest news with #CheamTatInn
The Star
07-05-2025
- Business
- The Star
Equinix plans expansion of its DC segment
PETALING JAYA: Equinix Inc is eyeing the expansion of its data centre (DC) facility in Malaysia following the completion of its KL1 International Business Exchange to meet the accelerating demand for digital infrastructure across the country. Equinix Malaysia, Asia-Pacific managing director Cheam Tat Inn said the company is in the early planning stages for its next DC, dubbed KL2, after having officially completed the second phase of the KL1 DC in Cyberjaya. 'We have seen encouraging momentum over the past year, with both our Kuala Lumpur and Johor facilities gaining traction among local and international businesses. 'Completing KL1's second phase within the first year of our operation in Malaysia signals our deep commitment to helping the nation become a strategic location in the region's digital economy,' he said during a media briefing at KL1 DC yesterday. He said Equinix's expansion in Malaysia represents a long-term investment in the nation's digital growth. — Bernama
New Straits Times
07-05-2025
- Business
- New Straits Times
Equinix plans expansion of data centre facility in Malaysia as demand grows
CYBERJAYA: Equinix Inc is eyeing the expansion of its data centre facility in Malaysia following the completion of its KL1 International Business Exchange (IBX) to meet the accelerating demand for digital infrastructure across the country. Equinix managing director of Malaysia, Asia Pacific, Cheam Tat Inn said the company is in the early planning stage for its next data centre, dubbed KL2, after officially completing the second phase of KL1 data centre here. "We have seen encouraging momentum over the past year, with both our Kuala Lumpur and Johor facilities gaining traction among local and international businesses. "Completing KL1's second phase within the first year of our operation in Malaysia signals our deep commitment to helping the nation become a strategic location in the region's digital economy," he said during a media briefing at KL1 data centre today. According to Cheam, Equinix's expansion in Malaysia represents a long-term investment in the nation's digital growth. In July last year, the digital infrastructure company announced the acquisition of land from Cyberview Sdn Bhd to expand its data centre capacity with an initial investment of RM23 million. "With growing interest across both Kuala Lumpur and Johor, we remain focused on empowering businesses with high-performance, scalable and sustainable infrastructure that is globally connected and cloud enabled. "We have interconnected Malaysia data centres (KL1 and JH1) with our existing data centre campus in Singapore via Equinix Fabric, creating a powerful cross-border digital ecosystem of more than 1,000 companies across cloud and network services, IT, financial services companies and enterprises within the region," Cheam added. The completion of phase two KL1 will add 450 cabinets to the facility since its launch in 2024 and will offer a total of over 4.5 megawatts (MW) capacity. This expansion, combined with Equinix's strong presence in Singapore and Johor as well as its forthcoming entry into Indonesia, the Philippines and Thailand, will allow businesses to interconnect and exchange data across the ASEAN region.
Yahoo
07-05-2025
- Business
- Yahoo
Equinix Malaysia unit eyes alternative energy options amid expected electricity tariff hike
KUALA LUMPUR (Reuters) -The Malaysian unit of data centre firm Equinix said on Wednesday it is looking at various providers of alternative energy as it expects an impending increase in domestic electricity tariffs to raise its costs. Malaysia's government has previously announced that it will increase electricity tariffs by 14.2% in July. Various renewable energy service providers were being looked into, Equinix Malaysia managing director Cheam Tat Inn told reporters during a walkabout at the completion of the second phase of its data center in Cyberjaya. Cheam did not specify which renewable sources or a timeline. Equinix Malaysia has two data centres, Cyberjaya and Johor, with capacity of 4.8 megawatts and 2.4MW, respectively. Malaysia has recently experienced a boom in data centers with projections of a quadrupling of its facilities in the next decade from the current 18. Those presently have a significant electrical demand of at least 800MW. Technology giants including Microsoft, Nvidia Alphabet's Google, China's ByteDance and Oracle have announced billions of dollars worth of digital investments into Malaysia since last year, mostly in cloud services and data centres, powering an infrastructure boom driven by growing demand for artificial intelligence. Cheam said the Equinix Johor data centre was fully subscribed after launching in May last year. 'For our Cyberjaya data centre, it is already filling up, our customers are already moving in,' he said. Equinix has been expanding its presence elsewhere in Southeast Asia to tap the region's growth potential, acquiring three data centres in the Philippines last year, on top of operations in Indonesia, Malaysia and Singapore. (Reporting by Ashley Tang; Editing by Martin Petty)
Reuters
07-05-2025
- Business
- Reuters
Equinix Malaysia unit eyes alternative energy options amid expected electricity tariff hike
KUALA LUMPUR, May 7 (Reuters) - The Malaysian unit of data centre firm Equinix said on Wednesday it is looking at various providers of alternative energy as it expects an impending increase in domestic electricity tariffs to raise its costs. Malaysia's government has previously announced that it will increase electricity tariffs by 14.2% in July. Make sense of the latest ESG trends affecting companies and governments with the Reuters Sustainable Switch newsletter. Sign up here. Various renewable energy service providers were being looked into, Equinix Malaysia managing director Cheam Tat Inn told reporters during a walkabout at the completion of the second phase of its data center in Cyberjaya. Cheam did not specify which renewable sources or a timeline. Equinix Malaysia has two data centres, Cyberjaya and Johor, with capacity of 4.8 megawatts and 2.4MW, respectively. Malaysia has recently experienced a boom in data centers with projections of a quadrupling of its facilities in the next decade from the current 18. Those presently have a significant electrical demand of at least 800MW. Technology giants including Microsoft (MSFT.O), opens new tab, Nvidia Alphabet's Google (GOOGL.O), opens new tab, China's ByteDance and Oracle (ORCL.N), opens new tab have announced billions of dollars worth of digital investments into Malaysia since last year, mostly in cloud services and data centres, powering an infrastructure boom driven by growing demand for artificial intelligence. Cheam said the Equinix Johor data centre was fully subscribed after launching in May last year. 'For our Cyberjaya data centre, it is already filling up, our customers are already moving in,' he said. Equinix has been expanding its presence elsewhere in Southeast Asia to tap the region's growth potential, acquiring three data centres in the Philippines last year, on top of operations in Indonesia, Malaysia and Singapore.
