China-based xFusion will host world provide hub in Penang, make investments RM1 billion over subsequent 3 years
Kuala Lumpur (September 1): Computing energy infrastructure and providers supplier xFusion Worldwide Pte Ltd (xFusion) has chosen Malaysia to host its first world provide hub and plans to speculate greater than RM1 billion over the following three years.
The corporate mentioned in a press release on Friday that the 254,491-square-foot facility shall be situated on the NationGate Holdings Bhd plant in Seberang Perai, Penang.
It mentioned the worldwide provide heart shall be a key hub for the worldwide xFusion market, with an annual manufacturing capability of greater than 150,000 models of apparatus, together with GPU servers.
NationGate has been appointed as xFusion’s strategic companion to fabricate GPU servers for the worldwide market.
GPU servers are high-power servers designed for knowledge facilities and are relevant to synthetic intelligence, high-performance computing, database and video evaluation eventualities.
With native electronics manufacturing providers (EMS) supplier NationGate as a strategic companion, the challenge marks Malaysia’s continued presence within the world development of the trade, which has expanded at a price of 30% previously 5 years in China alone.
Jeffrey Liu, Chairman and CEO of xFusion, mentioned the opening of the worldwide provide heart in Penang is a crucial milestone within the firm’s abroad development technique. The state-of-the-art heart will improve its world provide community to make sure steady and constant supply of services and products in its key markets.
“Along with being a famend hub for high-tech manufacturing, Penang, often known as the Silicon Valley of the East, is a perfect location for xFusion to determine a world provide hub as a result of availability of a extremely expert and mature native workforce. The provision chain in addition to the proximity to our enterprise companion NationGate .
“With the significance of digital infrastructure rising throughout a number of sectors, we’re enthusiastic about our new chapter right here in Malaysia, which is well-positioned to proceed to assist the expansion of the trade,” mentioned Liu.
NationGate Managing Director Ui Eng Leung mentioned the corporate’s appointment as xFusion’s strategic companion is testomony to its rising functionality and competence as a longtime EMS supplier.
With 12 years of working historical past in Penang, NationGate offers EMS manufacturing providers and technical assist to its shoppers, a lot of whom are multinational firms working in high-growth industries resembling Networking & Telecommunications, Industrial Devices, Information Computing, Client Electronics, Automotive, and Semiconductors. .
“This appointment will assist NationGate’s journey to enhance our experience alongside the worth chain, with a purpose to solidify our place as a widely known complete EMS supplier,” he added.