Grand Inauguration of Comet Technologies Malaysia
September 22, 2022
Comet today announced a major manufacturing expansion in Penang, Malaysia, adding 30,000 square feet and about 200 employees. The announcement was made at the official inauguration of our initial investment in Penang, which was celebrated in the presence of 250 distinguished guests at Comet's existing facility in Taman Perindustrian Batu Kawan, Penang.
During the inauguration ceremony, the Chief Minister of Penang, Right Honourable Mr. Chow Kon Yeow said: “Given the proliferation of digitalisation that drives the heightened demand in both industry and society alike, Comet is poised to unleash its potential in this fast-growing digital world. Penang is pleased to be the location of choice for Comet, serving as an acknowledgement of the skilled talent, well-developed infrastructure and resilient environment the state holds.”
“Celebrating the 50th anniversary of Penang’s industrialisation this year, the state, via InvestPenang and other relevant state machineries, is committed in providing unwavering support to the investors, while pledge to hold sustainability as one of our key priorities to unleash greater potential for the next 50 years and beyond,” Chow elaborated.
"Further expansion of our presence in Asia is key for Comet, as several of our OEM customers have significant manufacturing operations in Asia," said Stephan Haferl, CEO of Comet. To meet increasing demand and capitalize on opportunities in this fast-growing region, Comet will rent additional 30,000 square feet at the current location in Penang to produce critical high frequency components. This decision was made because the long-term growth drivers for semiconductor and electronics demand are intact despite the current uncertainties in the world.
The expansion will function as a manufacturing and service center for high frequency components, a key product used to control plasma processes for microchip manufacturing. "We are excited about the continued experience in Penang," said Chai Huat Yeoh, general manager of Comet Malaysia. "We expect to create another 200 jobs over the next 3 years.”
“I would like to express my special thanks for the support rendered by the Penang government, the Comet team at the Malaysian Investment Development Authority MIDA, Invest Penang and all our other local partners", Chai Huat Yeoh added.
Datuk Wira Arham Abdul Rahman, Chief Executive Officer of Malaysian Investment Development Authority (MIDA) applauded the company for the continuous confidence and support in establishing the manufacturing facility in Malaysia. “We are confident that Comet Technologies will benefit from Malaysia’s attractive industry ecosystem in semiconductor machinery and equipment. The Government of Malaysia through MIDA, is delighted to host the company and similar global companies and help them maximise new opportunities available across the diversified economy and supply chain” said Datuk Wira Arham.
When completed, Comet will have a total of 60’000 square feet available and employ about 500 people to meet the demand of the semiconductor equipment customers.
Read the full joint media release
For further information please contact
Latest Posts
Comet in Japan: 25 years embracing progress and innovation.
September 20, 2024
This year marks a momentous occasion for Comet as we celebrate the 25th anniversary of our presence in Japan. What started in 1999 as a small but ambitious team of five has grown into a thriving operation that now unites all three of our divisions under one roof. To commemorate this milestone, our Japan team recently came together for a special celebration. From heartfelt speeches to a fun-filled round of “Comet Bingo,” the day reflected our close-knit culture and the achievements we’ve shared over the past 25 years. Read on to learn more about our history in the land of the rising sun.
Read moreEarthquake in Japan: Comet on a mission to ensure no student is left behind.
September 12, 2024
The January 1 earthquake on the Noto Peninsula led to the large-scale evacuation of numerous families from the severely impacted city of Wajima in Ishikawa Prefecture. The natural disaster caused significant damage to educational insitutions, leaving children with no prospect of being able to resume classes. In response, our team in Japan stepped in to help.
Read moreComet’s role in the European Chips Diversity Alliance: Interview with Meike Boekelmann
September 11, 2024
The semiconductor industry is facing a major talent shortage in the upcoming years due to its continued growth and the low profile of the industry in the employer market. As part of the European Chips Diversity Alliance (ECDA) project, Comet is committed to closing this talent gap with clear actions. Find out more about the project and what these action items are in the interview with Meike Boekelmann, Chief Human Resources Officer at Comet.
Read more