NI announces US$40mil expansion of multifunctional facility in Penang
By Digital News Asia November 22, 2019
- NI celebrates ten years in Penang, having established a center in 2009
- Expansion involves investment in key areas like R&D, 5G Manufacturing
NI, THE provider of a software-defined platform that helps accelerate the development and performance of automated test and automated measurement systems, on Nov 21 announced plans for an expansion in Penang, Malaysia.
The expansion is expected to bring an additional US$40 million (RM170 million) in capital and 250 more jobs.
“Our growing operations in Malaysia speaks loudly of the quality of the talent we have in Penang,” said Rajesh Purushothaman, vice president of APAC Manufacturing and managing director of NI Malaysia. "We are very pleased with the success here and today marks another important milestone in our journey,”
NI celebrates ten years in Penang, having established an integrated manufacturing, R&D, IT and finance center in 2009. The broad-based expansion involves investment in key areas like R&D, 5G Manufacturing and APAC Sales Shared Service Centre.
“I am very pleased that National Instrument’s reinvestment is in line with the Penang State government’s emphasis on high quality investments that are sustainable as well as knowledge and technology-intensive,” said Chief Minister of Penang, Chow Kon Yeow.
“Many of the products that will be built in this facility are related to Industry 4.0, 5G and the autonomous vehicles markets. This makes me proud to see Penang on the world map of cutting-edge products and technologies.”