A leading Swedish telecommunications company in the field of 5G technology has enhanced its contribution to Malaysia’s economy by establishing its first 5G manufacturing facility in Southeast Asia, specifically in Penang. This company has had a presence in Malaysia since 1965 and is currently rolling out the 5G network in the country.
As a world leader in 5G technology, the telecommunications company currently supports 147 active networks across 63 countries, including Malaysia. The establishment of this production facility represents a series of initiatives aimed at sharing the company’s global expertise, experiences, and insights with Malaysia, thereby supporting the government’s goal of becoming a digital leader. The Head of the company in Malaysia emphasized Malaysia’s important role in their overall market strategy, stating that domestic manufacturing in Malaysia will contribute to the local economy through job creation and the transfer of technical knowledge to the local workforce.
The Head of the telecommunications company also pledged to continue delivering a secure, affordable, and world-class 5G network, ensuring an excellent customer experience for Malaysia. Malaysia has already gained recognition as a global leader in 5G connectivity, with recent reports highlighting the country’s remarkable achievements in implementing and providing an impressive 5G experience for consumers.