AEM to add 300 jobs in Singapore, Malaysia, US expansion

MAINBOARD-LISTED AEM Holdings, the provider of semiconductor and electronics testing solutions, announced Thursday (Jun 16) that it is expanding its operations in Singapore, Malaysia and the US.

The company said the expansion will double its manufacturing space in the 3 countries and create over 300 additional jobs.

In Penang, Malaysia, AEM’s expansion will include a research and development (R&D) lab with a strong focus on delivering technologies and solutions for advanced, integrated semiconductor test needs.

AEM said it will double its headcount in Malaysia to support the expansion, including new roles for technicians, engineers, customer support group and supply chain management.

AEM’s expansion in the US will include R&D, prototyping and manufacturing in Arizona and California, while the expansion in Singapore will focus on R&D.

“The ability to tap on a diverse talent pool and the high growth potential of Malaysia and Singapore is what makes the region an attractive location for AEM,” said AEM chief operating officer Juha Arola.

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“Our expansion will allow us to better scale up our testing and handling capabilities in tandem with our customers’ needs. It also further solidifies AEM’s position as a hub in the region and its position as a critical node in the global semiconductor supply chain,” he added.

Shares of AEM were trading 1.7 per cent or S$0.07 higher at S$4.27 as at noon on Thursday, before the announcement.