Suzhou JF Semiconductor Technology Co., Ltd. (hereinafter referred to as JF Technology) issued an announcement on additional investment of 30 million US dollars in its Malaysian subsidiary WaferTek Solutions Sdn. Bhd. (hereinafter referred to as WaferTek). The capital will be used for equipment procurement and production line development. Following this round of capital increase, the company’s total investment in WaferTek will reach 110 million US dollars.
Specializing in advanced packaging services for sensors, JF Technology is a global leader in wafer-level TSV packaging technology for the sensor sector. To adapt to the restructuring of the global industrial chain and regional development trends, the company has proactively implemented its internationalization strategy since 2022, rolling out a global layout covering markets, supply chains and manufacturing capabilities.
In June 2024, the company first announced the establishment of WaferTek in Malaysia via its Singapore subsidiary OPTIZ PIONEER HOLDING PTE. LTD., with an initial investment of 50 million US dollars mainly for land acquisition and plant construction. Another 30 million US dollars was injected in October the same year to support the construction and optimization of cleanrooms, utility systems and supporting infrastructure including water, power and gas facilities.
To date, WaferTek has completed land and factory building acquisition as well as asset handover. Construction of cleanrooms, utility systems and fundamental utilities has also been largely finished. Work relating to production process planning, equipment selection, team recruitment and training is well underway. The project has now entered the phase of equipment procurement, installation, commissioning, production line build-up and verification.
The newly added 30 million US dollars, sourced from the company’s own capital, will be allocated to equipment procurement and production line construction. This investment proposal was approved at the 4th extraordinary meeting of the 6th Board of Directors held on May 26, 2026. It is not required to be submitted to the shareholders’ meeting for review, nor does it constitute a related-party transaction or major asset restructuring.
JF Technology stated that this investment aims to push forward the construction of its Malaysian manufacturing base, enhance overall production capacity and technical service capabilities. By getting closer to overseas markets and customer demands, the company strives to deliver sustained business growth and press ahead with its strategic layout in international expansion, technological R&D and global manufacturing investment, so as to effectively respond to the new trends of global industrial restructuring and integration.
As one of Malaysia’s premier manufacturing hubs, Penang boasts solid industrial foundations and abundant talent resources across electronics, semiconductors, automotive components and other sectors.
(Reprinted from https://news.eccn.com/）