Penang continues to strengthen its position as a leading industrial hub with the groundbreaking of Hotayi BK3, the latest expansion of Hotayi (M) Electronics Sdn Bhd in Batu Kawan. The ceremony, officiated by Chief Minister Chow Kon Yeow, marks a significant milestone for the Taiwanese-owned electronics manufacturing company.

Chow expressed his gratitude to Hotayi for its long-term commitment to Penang, acknowledging the company’s role in shaping the state’s economic landscape. Since its establishment in 1992, Hotayi has been a key player in the Electronics Manufacturing Services (EMS) industry, specialising in advanced manufacturing solutions for sectors such as data centres, automotive, communications, and consumer electronics.

“This Phase 3 expansion will introduce smart manufacturing across 380,000 square feet, backed by an investment of RM500 million. The new facility is expected to create 1,000 high-value jobs upon completion,” Chow said.

As Malaysia’s top contributor to the electrical and electronics (E&E) sector, Penang plays a crucial role in the global semiconductor supply chain. Chow highlighted that the state accounts for over 5% of global semiconductor exports and hosts leading semiconductor companies alongside strong homegrown industry players.

“With over 50 years of industrial excellence, Penang has established itself as a premier destination for high-tech manufacturing and innovation-driven investments,” he added.

In 2023, Penang was among the top three states in Malaysia for approved manufacturing investments, securing RM17.3 billion. Of this, RM13.8 billion—or 80%—came from foreign direct investments (FDI). The electronics and electrical products sector led the way, attracting RM7.8 billion, or 45% of the total approved manufacturing investments in 2024.

Beyond business growth, Hotayi is also giving back to the community. The company contributed RM500,000 to the Penang Future Foundation (PFF), a state government-backed scholarship programme that supports outstanding Malaysian students in STEM-related fields. Chow encouraged more private sector participation in developing local STEM talent to meet industry demands.

Hotayi chairman Datuk Seri Lee Hung Lung expressed pride in the company’s achievements and attributed its success to the dedication of its employees. “Our team is the driving force behind Hotayi’s growth. With this expansion, we aim to create more employment opportunities and achieve even greater milestones,” he said.

Echoing similar sentiments, Hotayi managing director Datuk Goh Guek Eng noted that the company has undergone multiple expansions since 2017, reflecting its steady growth and confidence in Penang’s industrial ecosystem.