EQS-News: ams-OSRAM AG: Malaysian Investment Development Authority (MIDA) and ams OSRAM continue mutual support for advanced LED manufacturing in Malaysia
EQS-News: ams-OSRAM AG: Malaysian Investment Development Authority (MIDA) and ams OSRAM continue mutual support for advanced LED manufacturing in Malaysia
EQS-News: ams-OSRAM AG / Key word(s): Alliance
ams-OSRAM AG: Malaysian Investment Development Authority (MIDA) and ams
OSRAM continue mutual support for advanced LED manufacturing in Malaysia
11.09.2023 / 09:36 CET/CEST
The issuer is solely responsible for the content of this announcement.
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Malaysian Investment Development Authority (MIDA) and ams OSRAM continue
mutual support for advanced LED manufacturing in Malaysia
• Through a Collaborative Agreement, MIDA demonstrates significant
support for ams OSRAM in Malaysia.
• ams OSRAM continues the already announced strong investment into the
design, development, and manufacture of wafer fabrication using 8-inch
microLED wafers, which is under construction at Kulim Hi-Tech Park in
Kedah
• The cooperation between MIDA and ams OSRAM solidifies additional
employment opportunities for Malaysians in the science and technical
field for the region.
• ams OSRAM has been present in Malaysia for over 50 years, with a
strong manufacturing base, research and development activities, sales
and marketing functions, global business center and IT service
centers.
Premstaetten, Austria and Malaysia (September 11, 2023) — [1]ams OSRAM
(SIX: AMS), a global leader in intelligent sensing and emitting, and the
Malaysian Investment Development Authority (MIDA) announce mutual support
for the continued investment and expansion in Malaysia. Through a
Collaborative Agreement, MIDA demonstrates significant support for ams
OSRAM’s initiatives in Malaysia.
In 2022 ams OSRAM announced an approximately EUR 1 Bn global investment in
manufacturing and R&D facilities and activities for state-of-the-art
emitting technology for LED and microLED. As a testament to their
commitment to Malaysia, ams OSRAM embarked on the construction of its
first state-of-the-art and fully-automated 8-inch microLED manufacturing
facility in Kulim, Malaysia, making the company the world’s pioneer in
this arena. This facility broke ground in 2022 and the build-out and
installation is progressing as planned.
Recently, in August, high level officials from the Ministry of Investment,
Trade and Industry (MITI) and MIDA visited CEO Aldo Kamper at the ams
OSRAM headquarters in Premstaetten, to understand the technology
development approaches and the construction progress on the first
fully-automated 8-inch microLED manufacturing facility for mass production
in Kulim, Malaysia. Datuk Seri Isham Ishak, Secretary General, Ministry of
Investment, Trade and Industry Malaysia (MITI) and Datuk Wira Arham Abdul
Rahman, Chief Executive Officer, Malaysian Investment Development
Authority (MIDA) accompanied by government officials visited ams OSRAM.
The Collaborative Agreement between MIDA and ams OSRAM solidifies the
investment in Malaysia and a substantial number of additional employment
opportunities for Malaysians in the science and technical field for the
region. It also facilitates and supports ams OSRAM to carry out innovation
programs in the field of technology. With the support of MIDA, ams OSRAM
will continue to closely collaborate with local public research
institutes, universities, colleges, and vendor development programs to
advance technologies and implement use cases for Industry 4.0.
Datuk Seri Isham Ishak, Secretary General of MITI, expressed gratitude to
ams OSRAM for its vote of confidence in Malaysia, stating, “ams OSRAM’s
investment stands as a testament to the excellent economic partnership
between Germany and Malaysia. We deeply appreciate the trust investors
place in us. Malaysia’s aspiration is to become a global hub for business,
innovation, and talent in advanced manufacturing aligning with our
recently launched New Industrial Master Plan (NIMP2030). Given the rapid
pace of change in the electronics industry, we must continuously introduce
new initiatives. MITI and MIDA are actively targeting more wafer
fabrication players and their supply chains to consider Malaysia as a
viable site for production. We will continue collaborating with firms like
ams OSRAM to achieve mutually beneficial outcomes.”
Echoing these sentiments, Datuk Wira Arham Abdul Rahman, CEO of MIDA,
remarked, „MIDA eagerly anticipates collaborating with ams OSRAM to
harness Malaysia’s capabilities as a strategic supply chain hub, catering
to the global market’s industrial needs. OSRAM’s new facility aligns
perfectly with the type of investment Malaysia aims to attract and anchor:
highly sophisticated manufacturing at the cutting edge of technology,
positioning us at critical nodes in global supply chains. ams OSRAM’s
investment not only aids us in achieving economic growth and creating
quality jobs but also fortifies Malaysia’s R&D ecosystem. This translates
to more job opportunities for local talents, spanning engineers, managers,
technicians, and researchers, benefitting Malaysians across the board.
MIDA looks forward to a strengthened partnership with ams OSRAM in the
years ahead.“
“Enabled by the Collaborative Agreement with MITI and MIDA and our own
announced investment, we are able to continue our commitment to Malaysia,
a country that offers a highly-skilled workforce, excellent technology
understanding and a strong commitment to safety and environmental
standards,” commented Aldo Kamper, CEO of ams OSRAM. “Together with the
Malaysian authorities and the people of Malaysia, we are dedicated to
continue the development of cutting-edge technology and the corresponding
manufacturing processes to industrialize these technologies at scale.”
In 2022, ams OSRAM celebrated 50 years in Malaysia. Over the course of
this time, the company has developed a strong manufacturing base, research
and development activities, sales and marketing functions, a global
business center and IT service centers.
***END***
About MIDA
MIDA is the government’s principal investment promotion and development
agency under the Ministry of Investment, Trade and Industry (MITI) to
oversee and drive investments into the manufacturing and services sectors
in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional
and 21 overseas offices. MIDA continues to be the strategic partner to
businesses in seizing the opportunities arising from the technology
revolution of this era. For more information, please visit www.mida.gov.my
and follow us on X, Instagram, Facebook, LinkedIn, TikTok and YouTube
channel.
About ams OSRAM
The ams OSRAM Group (SIX: AMS) is a global leader in intelligent sensors
and emitters. By adding intelligence to light and passion to innovation,
we enrich people’s lives.
With over 110 years of combined history, our core is defined by
imagination, deep engineering expertise and the ability to provide global
industrial capacity in sensor and light technologies. We create exciting
innovations that enable our customers in the automotive, industrial, and
medical and consumer markets maintain their competitive edge and drive
innovation that meaningfully improves the quality of life in terms of
health, safety and convenience, while reducing impact on the environment.
Our around 21,000 employee’s worldwide focus on innovation across sensing,
illumination and visualization to make journeys safer, medical diagnosis
more accurate and daily moments in communication a richer experience. Our
work creates technology for breakthrough applications, which is reflected
in over 15,000 patents granted and applied. Headquartered in
Premstaetten/Graz (Austria) with a co-headquarters in Munich (Germany),
the group achieved over EUR 4.8 billion revenues in 2022 and is listed as
ams-OSRAM AG on the SIX Swiss Exchange (ISIN: AT0000A18XM4).
Find out more about us on [2] https://ams-osram.com
ams is a registered trademark of ams-OSRAM AG. In addition many of our
products and services are registered or filed trademarks of ams OSRAM
Group. All other company or product names mentioned herein may be
trademarks or registered trademarks of their respective owners.
Join ams OSRAM social media channels: [3]>Twitter [4]>LinkedIn
[5]>Facebook [6]>YouTube
For further information:
MIDA
Ms. Noor Suziyanti Binti Saad
Director, Electrical and Electronics Division, MIDA
Tel: +603-2267 3575
E: [7]suziyanti@mida.gov.my
Corporate Communications Media Relations
Amy Flécher Hilary McGuinness Fernholz
Vice President Head of PR
Tel: +43 664 881 62121 Tel.: +49 151 27670184
[8]amy.flecher@ams-osram.com hilary.mcguinnessfernholz@ams-osram.com
[9]press@ams.com
[10]ams-osram.com
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11.09.2023 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com
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Language: English
Company: ams-OSRAM AG
Tobelbader Straße 30
8141 Premstaetten
Austria
Phone: +43 3136 500-0
E-mail: investor@ams-osram.com
Internet: https://ams-osram.com/
ISIN: AT0000A18XM4
WKN: A118Z8
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt,
Munich, Stuttgart, Tradegate Exchange; BX, SIX, Vienna Stock
Exchange (Vienna MTF)
EQS News ID: 1723087
End of News EQS News Service
1723087 11.09.2023 CET/CEST
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