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AT&S chooses Malaysia for its first production site in Southeast Asia

Austria-headquartered global manufacturing leader of high-end printed circuit boards (PCB) and integrated circuit (IC) substrates will invest 1.7bn Euro in Kulim Hi-Tech Park creating 5,000 jobs
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Austria Technologie & Systemtechnik AG (AT&S) has chosen Malaysia as its first production plant in Southeast Asia. Mr. Andreas Gerstenmayer, Chief Executive Officer (CEO) of AT&S met with YAB Tan Sri Muhyiddin Yassin, Prime Minister of Malaysia, on June 9, 2021 during a video conference to convey the official announcement. AT&S’ new campus in Kulim Hi-Tech Park, Kedah, to produce high-end PCBs and IC substrates involves a proposed total investment of RM 8.5 bn (EUR 1.7 bn) and will create 5,000 high-tech jobs. The construction of the facility is scheduled to begin in the second half of 2021 with commercial operations targeted to come on stream in 2024. 

Andreas Gerstenmayer said, “After very intensive location scouting globally, Malaysia has emerged as the country in which we want to push ahead with our ‘More than AT&S’ strategy. AT&S brings the latest generation of high-end technologies to the country and builds up a completely new technology sector. Besides manufacturing of high-tech products, a significant amount of R&D activities will be executed at this new location. Malaysia can benefit its position as a technology-country and can strengthen the region as a high-tech manufacturing hub in Asia.” Pointing out the perfect win-win-situation, AT&S COO Ingolf Schröder commented, “The location in Kulim Hi-Tech Park, Kedah is a perfect match to our expansion plans. Beside the excellent infrastructure and stable supply chain, the whole ecosystem has been aligned in the last decades. The semiconductor industry has been in Malaysia for more than 30 years and the overall environment is very well developed.” 

Welcoming AT&S into Malaysia’s vibrant electrical and electronics (E&E) ecosystem, Prime Minister YAB Tan Sri Muhyiddin Yassin highlighted, “AT&S’ decision to invest in Malaysia speaks volumes of its confidence in the Malaysian economy’s capacity and promise of sustainable growth.” He expressed trust that Malaysia’s E&E industry’s skilled talent pool, facilitative investment environment as well as deep integration with international supply chains offer the ideal mix for high-tech stakeholders. 

AT&S is one of the globally leading manufacturers of high-end printed circuit boards and IC substrates. At its locations in Europe and Asia, AT&S develops and produces high-tech solutions for its global partners, especially for applications in the areas of communication, computer and consumer electronics, mobility, industry and medical technology. As an international enterprise, AT&S has a global presence, with production facilities in Austria (Leoben and Fehring) and plants in India (Nanjangud), China (Shanghai, Chongqing) and Korea (Ansan, near Seoul).