Call +1(917) 993 7467 or connect with one of our experts to get full access to the most comprehensive and verified construction projects happening in your area. 
Last Updated on 25
ASML chip equipment supplier Neways announced that it will build a new semiconductor plant in Klang, Malaysia. The new facility is scheduled to commence production in the fourth quarter of 2024. This strategic expansion will provide Neways with additional capacity in Asia, a region that continues to be a significant player in the global semiconductor industry. ASML is one of the largest semiconductor companies in the world.
Neways will focus on developing and producing advanced modules and cabinets for some of the world’s most renowned players in the semiconductor sector. The company aims to achieve substantial growth, with plans to expand its workforce in Malaysia to over 200 employees.
Hans Büthker, CEO of Neways, said, “We are delighted to announce the establishment of our new manufacturing facility in Klang, Malaysia. The new facility in Malaysia not only fortifies our global manufacturing footprint but also propels our ambitious expansion plans in the region, with a strong focus on the semiconductor sector.”
Neways already has a global footprint, with semiconductor fabs in Europe, the US, and China. It is currently constructing a new large-scale production and cleanroom facility in Slovakia, and with the addition of the new facility in Malaysia, Neway is building a strategic presence in Southeast Asia with a prominent position in the semicon sector. Explore our comprehensive global semiconductor database to learn more about their upcoming projects.
Expansion of Production Capacity: The new plant is expected to commence production in the fourth quarter of 2024. This expansion will provide Neways with additional production capacity in Asia, a region that continues to be a significant player in the global semiconductor industry.
Strengthening Position in the Semiconductor Sector: The new plant will focus on developing and producing advanced modules and cabinets. This move is expected to strengthen Neway's position in the semiconductor sector and enable it to better serve some of the world's most renowned players in the industry.
Leveraging Malaysia's Well-Developed Ecosystem: Malaysia's well-developed ecosystem, which includes a mature semiconductor supply chain, is a major factor in the decision to establish the plant there. This strategic location will allow Neways to leverage local resources and expertise, thereby enhancing its operational efficiency.
Neways is a global innovator in mission-critical technology for the semiconductor, connectivity, and smart mobility sectors. With more than 50 years of experience and strong engineering power, Neways acts as a technology innovation partner for some of the most demanding customers in the industry.
The company develops and produces highly complex electronics that facilitate major trends around global ESG themes. Its team of over 3,000 specialists across the Netherlands, Germany, Slovakia, Czech Republic, USA, and China enables future solutions for EV charging, electric power trains, digitizing health solutions, sustainable agriculture, and producing microchips.
Are you looking for a platform that gives you reliable, high-quality, and timely project insights for Semiconductor Manufacturing Projects in Malaysia?
Discover the Global Project Tracking (GPT) platform by Blackridge Research, designed to provide you with the most recent Malaysia Semiconductor Fabrication Plant Projects and Tenders better and faster across various stages of development:
The user-friendly interface helps you obtain early-stage awareness of projects and find the right business opportunity quickly.
Each project will have all the essential details, such as scope, capacity, CapEx, status, project description, companies involved, funding information, location, periodic updates, important event dates like construction start date, commissioning dates, and key contact information of project owners and stakeholders.
The database is a vital resource for a wide range of entities, including semiconductor manufacturers, EPC Companies, silicon material suppliers, data analytics and software providers, consulting and advisory firms, investors, multilateral banks and financial institutions, and law firms
News_Release 10th Nov 2023
News_Release 20th Nov 2023
News_Release 21st Nov 2023
News_Release 23rd Nov 2023
News_Release 23rd Nov 2023
News_Release 28th Nov 2023
