Global semiconductor technology company MKS Inc officially opened its MKS Supercenter Factory in Penang on June 20, 2026, with Malaysian Prime Minister Datuk Seri Anwar Ibrahim officiating the ceremony [1, 2]. The factory, located at Bandar Cassia Technology Park, sits on a 0.40-hectare site with approximately 350,000 square feet of built-up space [1, 2].

This investment exceeds RM400 million and aims to meet growing global demand for semiconductor manufacturing equipment. The factory will be developed through multiple phases, with the first phase now complete. Once all phases finish, the facility is expected to generate more than 1,000 high-value jobs [1, 2].

Penang Chief Minister Chow Kon Yeow said, "With an investment exceeding RM400 million and the creation of more than 1,000 high-value jobs upon completion of all phases, this facility represents a significant milestone in Penang's continued evolution as a global hub for advanced manufacturing and semiconductor innovation" [2].

MKS, a Nasdaq-listed firm founded in 1961, provides technology solutions for semiconductor manufacturing, electronics, and other advanced industrial applications. Its technologies currently support over 85% of wafer fabrication equipment applications worldwide and more than 70% of key package substrate and printed circuit board manufacturing steps [2].

MKS president and CEO John T. C. Lee said, "Today marks an important milestone, not only for MKS but also for Malaysia's continued rise" [2]. Datuk Sikh Shamsul Ibrahim Sikh Abdul Majid, CEO of the Malaysian Investment Development Authority (MIDA), commented that "MKS' investment reflects the growing shift towards higher-value manufacturing and technology-driven activities in Malaysia" [1].

The investment aligns with Malaysia’s New Industrial Master Plan 2030, which targets high-value manufacturing and industrial upgrading [1]. Penang remains a major manufacturing center, recording RM4.9 billion in approved manufacturing investments in the first quarter of 2026, with 70% from foreign direct investment [2]. In 2025, Penang accounted for 38.1% of Malaysia’s total exports, valued at approximately RM610 billion, maintaining its status as Malaysia’s top export state [2].