Power Integrations Expands Asian Presence With New Production-Support and R&D Center in Malaysia
Innovative power-IC company opens facility in ‘Silicon Valley of the East’
Speaking at the opening, Balu Balakrishnan, Power Integrations’ president and CEO, explained the company’s decision to locate the new facility in Penang: “Although we are a Silicon Valley company, we are also becoming more Asian in our culture and focus. This reflects the fact that Asian customers account for a large percentage of our sales, and that our supply chain - foundry, assembly and test - is based predominately in Asia. Penang offers a strong pool of engineering talent and a supportive business climate, particularly for technology companies such as Power Integrations. Where better, then, to set up shop than the ‘Silicon Valley of the East’?”
The 12,000-square-foot facility currently houses 24 Power Integrations employees, and the company expects that number to more than double over the next decade. In order to develop talent and accelerate innovation, the company plans to offer extensive hands-on training for employees as well as internship programs through local institutes of higher learning, and intends to collaborate with Collaborative Research in Engineering, Science and Technology (CREST), a partnership of industry, academia and government working to develop a strong ecosystem for advanced research and engineering in Malaysia.
About Power Integrations
Power Integrations, Inc. is a leading innovator in semiconductor technologies for high-voltage power conversion. The company’s products are key building blocks in the clean-power ecosystem, enabling the generation of renewable energy as well as the efficient transmission and consumption of power in applications ranging from milliwatts to megawatts. For more information please visit www.power.com.
Power Integrations, and the Power Integrations logo are trademarks or registered trademarks of Power Integrations, Inc. All other trademarks are the property of their respective owner.
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Website: https://www.power.com/
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Power Integrations, Inc.
Peter Rogerson
408-414-8573
peter.rogerson@power.com
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This news is a press release provided by Power Integrations, Inc..