Xindeco IoT inaugurates RFID manufacturing plant in Nilai
19 Dec 2024
Xindeco IoT Malaysia Sdn Bhd has inaugurated its cutting-edge radio frequency identification (RFID) manufacturing facility in Nilai, Negeri Sembilan, which stands as the largest RFID production hub in Southeast Asia.
In a joint statement, the Malaysian Investment Development Authority (MIDA) and Xindeco IoT said the strategic investment positions Malaysia as a key player in the global RFID technology landscape.
They said the 30,000-square-foot plant, located in the Arab Malaysian Industrial Park, is capable of producing one billion RFID tags annually.
“These solution will serve various sectors, including retail, healthcare, logistics, and supply chain management across the Asia Pacic region,” they said.
MIDA chief executive officer Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid said the investment by Xindeco IoT demonstrates the confidence global companies have in Malaysia’s technological capabilities and its skilled workforce.
“This new RFID manufacturing facility strengthens Malaysia’s position in the global supply chain and creates high-value jobs for Malaysians.
“The facility aligns perfectly with our New Industrial Master Plan (NIMP) 2030, supporting our goal to become a regional technology leader,” he said.
Xindeco IoT is a subsidiary of Chinese tech (technology) giant Xiamen Xindeco IoT Technology Co Ltd.
Source: Bernama
