AEM to expand in Singapore, Malaysia, US

An electronic motherboard. Photo by Harrison Broadbent on UnsplashAn electronic motherboard. Photo by Harrison Broadbent on Unsplash

Temasek-backed AEM Holdings plans to expand its operations, adding a new site in Penang, Malaysia, and the U.S., as well as expanding its research and development center in Singapore, the semiconductor testing company said in a filing to SGX Thursday.

“The expansion of AEM’s Penang, the U.S., and Singapore manufacturing sites will more than double its current manufacturing space in the three countries and create over 300 additional jobs,” the company said.

The Penang facility will include an R&D lab focused on technologies and services for advanced, integrated semiconductor testing, AEM said, adding that would double the headcount in Malaysia.

The U.S. expansion will include R&D, prototyping and manufacturing in Arizona and California, while the Singapore expansion will focus on R&D, the filing said.

The new facilities are expected to start operation by the end of the third quarter of this year, AEM said.

AEM’s products include customized, application-specific semiconductor and electronics test and handling services for companies serving the advanced computing, 5G, and AI markets, the statement said. The company’s manufacturing plants are located Singapore, Malaysia, Indonesia, China, Finland and Vietnam.