PSA ELNA Inaugurates New PCB Manufacturing Facility in Penang, Representing Over RM1 Bil of Investment Expansion
Penang, 10 September 2024 — ELNA PCB(M) SDN. BHD., a global supplier of printed circuit board (PCBs) and a subsidiary of Global Brands Manufacture under the PSA Group, today announced the opening of its second state-of-the-art plant in Penang, Malaysia. Representing an investment exceeding RM1 billion, the five-story PCB manufacturing facility is located adjacent to ELNA’s existing plant and is dedicated to producing high-quality advanced PCB.
The inauguration ceremony was graced by YB Chow Kon Yeow, Chief Minister of Penang; Dato’ Loo Lee Lian, CEO of InvestPenang; Mr. Muhammad Ghaddaffi Sardar Mohamed, Director of the Malaysian Investment Development Authority (MIDA) Penang; and Mr. Hsu Shang Chih, President of the Penang Standing Committee of Taiwan Chamber of Commerce and Industry in Malaysia.
YB Chow Kon Yeow, Penang Chief Minister, stated that, “The completion of ELNA’s new plant marks not only a significant milestone for ELNA but also for Penang, as we continue to strengthen our position as a global leader in the electronic manufacturing sector. The construction of this second PCB plant in Malaysia will not only expand production capacity but also transfer advanced manufacturing technology, foster local expertise in cutting-edge PCB technology, and create over 1,000 additional jobs.”
YB Senator Tengku Datuk Seri Utama Zafrul Tengku Abdul Aziz, Minister of Investment, Trade and Industry (MITI) said, “ELNA’s significant RM1-billion investment expansion is a clear vote of confidence in Malaysia’s policies to fostering innovation and growth in the semiconductor industry. This expansion is well-aligned to our New Industrial Master Plan (NIMP) 2030 and the National Semiconductor Strategy (NSS), both of which aim to strengthen the industry’s value chain from chip design to wafer fabrication, assembly, and testing. ELNA’s expanded investments in Malaysia is poised to be a catalyst for further industry growth and investment, and we are fully committed to providing the required support for their continued success.”
Echoing the sentiments, Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of MIDA, said, “We are delighted to witness ELNA’s substantial expansion in Penang, which signifies a strong vote of confidence in Malaysia’s position as a key hub for advanced electronics and semiconductor manufacturing. ELNA’s investment aligns perfectly with our strategic initiatives to enhance the semiconductor ecosystem, from R&Dand innovation to full-scale production. MIDA is dedicated to working hand-in-hand with ELNA to drive sustainable growth, ensuring that our skilled workforce and supportive ecosystem continue to meet the evolving needs of the semiconductor industry.”
Mr. Ian Yang, President of ELNA, expressed, “The first phase of production will yield 300,000 square feet of PCBs, catering to the automotive, server, network equipment, personal computing, and consumer electronics sectors. As the demand for high-quality and advanced PCBs increase, the plant’s full production capacity is expected to reach 1 million square feet in the future. The existing facility will continue to manufacture double-sided and multi-layer PCBs, while the new plant will add advanced production capabilities to meet customers’ needs for diversified geographical manufacturing and supply chain flexibility.”
Mr. Lance Tao, President of PSA PCB Business Group, commented that “It is our honor to establish a new plant in Malaysia, the inauguration of the new ELNA plant is a significant milestone for PCB Division. PSA is committed to providing one-stop industry-leading solutions for customers worldwide, promising to deliver more diverse and high-quality products and services.”
As the world’s sixth-largest semiconductor exporter, Malaysia accounts for 13% of the global assembly, testing and packaging market. Penang, in particular, stands as a major hub for Malaysia’s semiconductor industry, boasting a well-established industrial ecosystem, a rich talent pool, and a favourable business environment. ELNA’s decision to build a new PCB plant in Penang is a strategic move that is expected to enhance the region’s electronics manufacturing supply chain.
The PSA Group continues its global expansion, with investments in Malaysia, Japan, and other locations through its subsidiaries. These include Global Brands Manufacture Technology, which is establishing EMS plants in Ipoh; Kamaya Electric, focusing on passive components; and SILITECH Technology, which is setting up innovative integrated design and manufacturing services plants in Penang and Negeri Sembilan.
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About MIDA
MIDA is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 21 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.
About InvestPenang
InvestPenang is the Penang State Government’s principal agency for the promotion of investment. Its objectives are to develop and sustain Penang’s economy by enhancing and continuously supporting business activities in the State through foreign and local investments, including spawning viable new growth centers. To realize its objectives, InvestPenang also runs initiatives like the SMART Penang Center (providing assistance to SMEs), Penang CAT Center (for talent attraction and retention), and Global Business Services (GBS) Focus Group (promoting and developing digital economy). For more information, please visit https://investpenang.gov.my/ and follow InvestPenang’s social media channels: Facebook; LinkedIn; Whatsapp Channel.
About ELNA
PSA (Passive System Alliance) Group was founded in 1992 with the establishment of its first company, Walsin Technology. Utilizing strategies of industrial value chain integration and resource sharing, PSA Group quickly grew into an expert in electronic component services. The group comprises 10 listed companies and 5 overseas companies, including Walsin Technology (2492.TW), Prosperity Dielectrics (6173.TW), INPAQ Technology (6284.TW), SILITECH Technology (3311.TW), and Matsuo Electric (6969.T) for passive components; HannStar Board Corporation (5469.TW), Global Brands Manufacture (6191.TW), and Info-Tek Corporation (8183.TW) for PCB and EMS services; and Walton Advanced Engineering (8110.TW) for memory packaging and testing services. PSA currently has approximately 36 thousand employees, as well as more than 50 production bases worldwide located in regions such as Taiwan, China, Japan, and Malaysia. PSA has also established 17 service bases around the world to sell high-quality products, as well as to serve top-tier corporate customers internationally, aiming to provide the best one-stop solutions in the industry for customers in consumer electronics and specialized industrial applications.
ELNA joined PSA Group in 2018 and specializes in the design and manufacturing of printed circuit boards, with plants in Japan and Malaysia. Its products are widely used in automotive electronics, consumer electronics, communication devices, and industrial control systems. ELNA PCB(M) SDN. BHD., a Malaysian subsidiary under Global Brands Manufacture (6191.TW), has obtained quality management certifications including IATF 16949:2016, ISO 9001:2015, and environmental management certification ISO 14001:2015. The company is committed to pursuing quality, maintaining harmony with the environment, building strong trust with partners, and providing high-quality products.
For media inquiries, please contact:
MIDA
Ms. Noor Suziyanti Saad
Director of Electrical and Electronics Division
Email: [email protected]
Tel.: 03 – 2267 3575
InvestPenang
Ms. Elaine Cheah
Head – Communication & Business Intelligence
Email: [email protected]
Tel.: 04 646 8833
Elna PCB
Mr. Jeffrey Hsieh
Sales Director, Head of HR and Administration
E: [email protected]
T: +604-397 3934
