Latest news with #SikhShamsulIbrahimSikhAbdulMajid
The Sun
a day ago
- Business
- The Sun
Coherent opens new research facility
PETALING JAYA: Coherent Corp, a global leader in photonics, opened its new Datacom Research and Development Centre in Gelugor, Penang, yesterday, underscoring the company's strategic commitment to serving its rapidly growing global markets. Situated at Menara IJM Land, the Penang R&D Centre joins the company's expanding network in Malaysia, complementing its larger manufacturing sites in Ipoh, Perak and Perai, Penang, further maximising transceiver supply from Malaysian factories. Malaysian Investment Development Authority (Mida) CEO Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid said the National Semiconductor Strategy (NSS), introduced in 2024, lays out Malaysia's plan to strengthen its position in the global semiconductor supply chain. 'One of the NSS's core priorities is supporting high-value R&D and advanced technologies exactly the kind of work Coherent is doing here in Penang. 'The strategy also aims to deepen Malaysia's local capabilities in areas like chip packaging, photonics, and silicon technologies, creating the kind of ecosystem that benefits global innovators.' Sikh Shamsul said as Coherent develops next-generation optical transceiver technologies at this new facility, it stands to gain from the strong pipeline of talent being built through the NSS. 'Mida is committed to supporting Coherent's journey not only in the past and present, but well into the future.' Coherent vice-president and managing director Jimmy Ling said: 'Coherent Malaysia takes pride in how strategically we are positioned to support the company's overall growth. 'Our successful establishment over nearly 25 years has played a critical role in strengthening our global value chain through ongoing expansion plans, and we are confident that our footprint in Penang will spearhead innovation in advanced photonics technology.' Meanwhile, vice-president of engineering, Asia R&D Jimmy Wu said: 'Penang is an ideal location, thanks to its well-established high-tech industry and a strong pool of technical talent capable of supporting our R&D growth plans.' The new centre comes equipped with impressive capabilities that put it at the forefront of optical technology, that is, next-generation silicon photonics solutions for optical transceivers; advanced development facilities for 400G, 800G, and 1.6T optical transceiver modules and specialised testing environments for AI and cloud computing applications This expansion strengthens Coherent's ability to serve its global markets while creating valuable connections between its manufacturing sites in Ipoh and Perai and its R&D operations in Shanghai.
Barnama
a day ago
- Business
- Barnama
Coherent Opens New Datacom R&D Centre In Penang
KUALA LUMPUR, July 29 (Bernama) -- Coherent Corp has opened its new Datacom Research and Development (R&D) Centre in Penang, underscoring the company's strategic commitment to serving its rapidly growing global markets. In a statement today, Coherent said the R&D centre will complement its larger manufacturing sites in Ipoh, Perak and Prai, Penang, further maximising transceiver supply from Malaysian factories. The Malaysian Investment Development Authority (MIDA) chief executive officer, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid said that as Coherent develops next-generation optical transceiver technologies at this new facility, it stands to gain from the strong pipeline of talent being built through the National Semiconductor Strategy (NSS).
Barnama
2 days ago
- Business
- Barnama
Coherent Corp. Launches Coherent Malaysia's First Datacom R&D Center In Penang, Advancing Optical Transceiver Technology For AI And Cloud Computing
PENANG- SAXONBURG, Pa., July 29 (Bernama) -- Coherent Corp. (NYSE: COHR), a global leader in photonics, today announced the opening of its new Datacom Research and Development Center in Penang. This expansion underscores the company's strategic commitment to serving its rapidly growing global markets. The launching ceremony was attended by Government Officials such as the Chief Executive Officer (CEO) of the Malaysian Investment Development Authority (MIDA), Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid; CEO of Invest Penang, Dato' Loo Lee Lian; Chief People Officer, Coherent Corporation, Ms. Grace Lee and as well as other Coherent personnel.
New Straits Times
29-06-2025
- Automotive
- New Straits Times
INV new material's RM3.2bil Penang plant boosts Malaysia's EV hub ambitions
KUALA LUMPUR: China's INV New Material Technology (M) Sdn Bhd has launched its RM3.2 billion manufacturing facility in Penang, marking a significant milestone in Malaysia's push to become Southeast Asia's leading electric vehicle (EV) hub. The plant, which produces lithium-ion battery separators, is the first commercial facility of its kind in the country, firmly positioning Malaysia as the region's largest producer of this critical EV component. The newly launched facility will produce 1.3 billion square metres of wet-processed and coated lithium-ion separators. The project has generated over 2,000 job opportunities, including over 500 high-skilled technical roles with wages exceeding RM3,000 per month. It serves as a launchpad for technology and knowledge transfer, equipping Malaysian talent with practical exposure to advanced equipment, structured training programmes and collaboration with global experts. This holistic approach significantly upskills the workforce in advanced materials and engineering plastics, cultivating a future-ready talent pipeline vital for the nation's long-term growth in the EV and high-tech sectors. The plant also sets a benchmark in Industry 4.0 adoption as it integrates advanced automation, smart manufacturing systems, and digital technologies to maximise operational efficiency, enhance precision and promote sustainable practices. Malaysian Investment Development Authority (MIDA) chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid said the launch of the facility marks a transformative step in the country's electric vehicle journey. He said the investment, anchored in the New Industrial Master Plan 2030 and the Chemical Industry Roadmap 2030, bridges a critical gap in the local EV ecosystem and embeds advanced materials into the supply chain. "It sets a new standard for high-tech manufacturing while strategically catalysing broader industrial growth and attracting more global and local players to strengthen Malaysia's position in the global EV value chain," he added. INV New Material Technology chief executive officer Liu Rui said that beyond investment, the plant is a long-term commitment to sustainability, innovation and talent development. "Malaysia offers the strategic advantages, talent pool, and government support we need to make this vision a reality, and we are proud to call it home to our first facility in the Asean region," he said.
The Sun
26-06-2025
- Business
- The Sun
DHL and Mida to elevate Malaysia's logistics and supply chain ecosystem
KUALA LUMPUR: DHL has reaffirmed its longstanding partnership with the Malaysian Investment Development Authority (Mida) through the signing of a new nemorandum of understanding (MOU). Under this renewed collaboration, all four DHL business divisions operating in Malaysia – DHL Express, DHL Supply Chain, DHL Global Forwarding, and DHL eCommerce – will work closely with Mida to strengthen the logistics and supply chain ecosystem, supporting Malaysia's position as a leading hub for foreign investment, Mida said in a statement. The announcement builds on a successful collaboration since 2023, where joint efforts with Mida's global and local offices have yielded significant investment outcomes. These span across key priority sectors – including electrical and electronics, pharmaceutical, digital economy, aerospace, and chemicals – diversified across eight states: Kedah, Penang, Perak, Johor, Malacca, Sabah, Sarawak and Selangor. Mida CEO Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid remarked, 'Malaysia's logistics sector has undergone a remarkable transformation, emerging as a powerhouse of innovation and technological advancement. We're witnessing developments in digital technology and smart automation, from AI-powered route optimisation and real-time tracking to advanced warehouse robotics and autonomous delivery systems. 'Through Mida's proactive assistance and facilitation, we've created an ecosystem that nurtures these technological advancements and our renewed partnership with DHL represents a strategic alliance that will accelerate Malaysia's journey towards becoming the region's premier smart logistics hub.' DHL Express Malaysia and Brunei danaging director Julian Ng said, 'As multishoring and multisourcing increase in strategic prevalence, Malaysia is well positioned to capitalise on this momentum due to its regional connectivity and conducive business ecosystem. 'With our extensive network and experience in facilitating cross-border trade, DHL Express is proud to assist Mida in appealing to global investors by enabling seamless market entry and providing end-to-end logistics solutions. Together, we can make effective progress in our shared mission to bolster the country's competitive and innovative potential.' DHL remains committed to elevating Malaysia's profile among multinational corporations seeking to diversify their manufacturing and sourcing operations. With its strong presence in Malaysia and comprehensive end-to-end logistics and supply chain capabilities, DHL is well equipped to support foreign investors in enhancing supply chain resilience by leveraging Malaysia's strategic location. Furthermore, DHL is strategically positioned to support Malaysia's New Industrial Master Plan 2030 and its sustainable development targets. – Bernama
