AI Summary
Penang's medical technology (medtech) sector is experiencing rapid growth, fueled by global demand and the state's strong foundation in precision engineering and automation from its semiconductor industry. InvestPenang CEO Datuk Loo Lee Lian highlighted the sector's stability, higher profit margins, and synergy with electronics manufacturing. She described medtech as a "hidden gem" offering steady growth and attracting talent. Penang's mature industrial base and skilled workforce make it an attractive location for medtech companies expanding into Asia.
Read the original article
This article has been processed for multi-language support.
Embedded View
Related Articles
From Ferraris to Mustangs, KL leads as JPJ seizes 258 luxury cars with dodgy paperwork
JPJ smells a syndicate after foreigner caught with fake Malaysian licence in flashy ride
Penang supermarket baby-snatching suspect under police remand till Aug 13
Perak police release seven in Teluk Intan football brawl, looking for five others at large