Neways Strengthens Global Presence with New High-Tech Facility in Malaysia

Neways Strengthens Global Presence with New High-Tech Facility in Malaysia
Photo by Mathew Schwartz / Unsplash

Neways, a leading innovator in mission-critical technology, has announced the construction of a new state-of-the-art manufacturing facility in Klang, Malaysia. This strategic expansion bolsters Neways' global footprint and service capabilities for its extensive clientele.

The facility, expected to open in Q4 2024, is projected to create over 200 new jobs in Malaysia. The new facility strengthens Neways' global presence, adding to existing sites in Europe, the Americas, and China. This move establishes a strategic foothold in Southeast Asia's burgeoning semiconductor sector, positioning Neways for regional growth.

The facility caters to Neways' global customer base, offering design, prototyping, production, and repair services across all regions.  Neways plans to develop and produce cutting-edge modules and cabinets for prominent players in the semiconductor industry.

Hans Büthker, CEO of Neways, emphasizes the company's commitment to exceptional service and ambitious expansion plans. The Malaysian facility strengthens Neways' global manufacturing capabilities and propels their growth strategy in the Southeast Asian semiconductor sector.

Investor

Neways

Outbound region

The Netherlands
European Union

Inbound region

Malaysia
South East Asia

Industry

Electronic Manufacturing

Date of record

22 March 2024

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