Thursday 22/05/2025

^{Opening Ceremony of Neways Electronics}


Selangor, Malaysia, May 22 (Bernama) -- Neways, the global innovator in mission-critical technology for semicon, defense & mobility, and connectivity sectors, is proud to announce the grand-opening of a new state-of-the-art manufacturing facility in Selangor, Malaysia. This strategic expansion reaffirms Neways’ commitment to its growth strategy representing a significant investment in the country's high-tech sector, positions Neways to meet growing regional demand while enhancing its global manufacturing footprint.

Malaysia's unique position in the heart of Asia and its prominence in the semiconductor manufacturing sector make it an ideal location for Neways to establish its new manufacturing facility. The company is excited to leverage Malaysia's strategic advantages to better serve its customers in the region and beyond.

The advanced facility specialises in high-level semiconductor assemblies, with industry leader ASML as the launching customer in presence of many of our esteemed customers such as, ASMi, Besi, VDL, Frencken, KMWE, Thermo Fisher, VAT Group, Rimac Technologies and many other.

YB Liew Chin Tong, Deputy Minister of Investment, Trade and Industry (MITI), and Ms. Eva Oskam, Deputy Ambassador of the Kingdom of the Netherlands to Malaysia, officiated the landmark opening.

YB Liew Chin Tong, Deputy Minister of MITI expressed, “I am pleased to welcome Neways Electronics to Malaysia. This investment is a strong vote of confidence in Malaysia’s position as a leading destination for advanced electronics and semiconductor-related industries. Neways’ presence will enhance our capabilities in high-precision electronics and contribute to the growth of our semiconductor ecosystem. This investment also signals the positive momentum created by the National Semiconductor Strategy (NSS), which aims to build a resilient semiconductor landscape. MITI, through its agencies, remains committed to facilitating quality investments that create skilled jobs, enable technology transfer, and deepen local industry linkages. We are confident that Malaysia will serve as a strong regional base for Neways’ long-term growth in Asia.

Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA), said, “Neways' investment strengthens Malaysia's position in high-tech, high-reliability electronics manufacturing segments that support critical industries such as medical, industrial automation, and automotive. This facility opens new doors for local vendors to participate in global value chains. MIDA's role in facilitating this investment showcases our commitment to attracting and nurturing investments that align with Malaysia's economic transformation agenda. Through comprehensive support mechanisms and strategic facilitation, we have demonstrated Malaysia's readiness to host complex, technology-intensive operations.”

Invest Selangor congratulates Neways on the opening of their new manufacturing plant in Selangor, their first in Southeast Asia region," said Dato' Hasan Azhari Hj. Idris, CEO of Invest Selangor. "We are honoured to have played an important role in facilitating their establishment in Selangor. Neways was the first participant in our Selangor Soft Landing programme, the latest state pre-investment initiative that offers new investors like Neways a range of valuable assistance and benefits even before they identify their investment site in Selangor. These include temporary co-working space, corporate hotel rates and personalised assistance in their business setup process. Moving forward, Neways can count on us should they require further assistance from the state government of Selangor. We thank Neways for their confidence in choosing Selangor as their significant home in the region and we wish them continued and substantial success in the years to come.”

This strategic move underscores Neways' dedication to meeting the evolving needs of its customers and enhancing operational efficiency. The new facility is based in Selangor with production starting as of now. The company aims to achieve substantial growth, with plans to expand its workforce to over 200 employees. From here, continue to scale up and increase volume, employees and expand the customer portfolio. The company is very proud of its state-of-the-art facility with which it will once again set the tone in leading electronics position in semiconductor.

Hans Büthker, CEO of Neways, commented, “We are proud to open our new manufacturing facility in Selangor, Malaysia. This strategic move is a testament to our growth commitment in providing exceptional products and services to our valued customers as ASML and more. The inauguration of our new facility not only fortifies our global manufacturing footprint but also propels our ambitious expansion plans in the region.”

About MIDA
The Malaysian Investment Development Authority (MIDA) is the government’s principal investment promotion and development agency under the Ministry of Investment, Trade and Industry (MITI). MIDA oversees and drives investments into Malaysia’s manufacturing and services sectors. Headquartered in Kuala Lumpur Sentral, MIDA operates through 12 regional and 21 overseas offices, serving as a strategic partner to businesses in leveraging opportunities from the ongoing technological revolution. For more information, please visit www.mida.gov.my and follow us on X, Instagram, Facebook, LinkedIn, TikTok, and YouTube.
 
About Invest Selangor Berhad
Invest Selangor Berhad is the state government agency responsible for promoting and facilitating investment in Selangor, Malaysia. With its commitment to providing investors with the ease of doing business, Invest Selangor ensures investors have a hassle-free investment journey. The agency offers a comprehensive suite of services, including site selection assistance, investment facilitation, and aftercare services. Invest Selangor is dedicated to providing investors with a conducive business environment, which includes streamlined procedures, efficient services, and access to industry insights and networks. This commitment to investor ease of mind has made Selangor an attractive investment destination for local and foreign investors. With Invest Selangor's support, investors can focus on their business operations and leave the administrative matters to the agency, giving them the peace of mind they need to grow their investments in Selangor. For Selangor investment enquiries, please visit www.investselangor.my
 
About Neways
Neways provides global innovation in mission-critical electronics for semicon solutions, defense & mobility, and connectivity customers. With over 50 years of experience and a strong in-house engineering capability, we are proud to be the technological innovation partner for the most demanding customers in the industry.
Neways develops and manufactures highly complex electronics, ranging from advanced modules and assemblies to highly specialized cables & wiring, and cutting-edge microelectronics solutions. Our team of over 2,500 specialists across various countries enables innovative solutions for microchip production, advanced defense technologies, electric vehicle charging, electric drivetrains, the digitization of healthcare solutions, and much more.

SOURCE: Malaysian Investment Development Authority (MIDA)

FOR MORE INFORMATION PLEASE CONTACT: 
MIDA
Name: Mr. Mohd Mazlan Mokhtar
Director, Electrical and Electronics Division, MIDA
Tel: +603-2267 6655
Email: mazlan@mida.gov.my
 
Invest Selangor Berhad
Name: Nur Azyyana Abu Bakar
Senior Manager, Strategic Planning & Communication Division
Email: azyyana@investselangor.my
 
Name: Maryani Mat Saad
Senior Executive, Strategic Planning & Communication Division
Email: maryani@investselangor.my

Neway
Name: Freek Deelen,
Director Strategy & Communications Neways
Tel: +31 653 986 914
Email: freek.deelen@newayselectronics.com

--BERNAMA