USAINS allocates RM10mil to centre of excellence
By DAVID TAN
GEORGE TOWN: USAINS Holdings Sdn Bhd is allocating RM10mil to acquire equipment, software, and machinery for its Centre of Excellence for Electrical & Electronics (COE-E&E) over the next two years.USAINS managing director Datuk Dr Gan Ee Kiang told a press conference that the purchase of new hardware and software would strengthen the COE-E&E centre’s core expertise, which was in the area of designing physical layout of chips and logic design.
Gan spoke after receiving the end user licence for the electronic design automation (EDA) software from Synopsys (Singapore) Pte Ltd senior executive account manager Adrian Ng Siong Teck.
USAINS had utilised a portion of the RM10mil from North Corridor Implementation Authority (NCIA) to purchase the Synopsys EDA software, Gan added.
”We are now involved in doing designing work outsourced to us by five Penang-based multinational corporations (MNCs).
”We hope to get three more MNCs here to outsource their chip designing work to us.
”Our work for MNCs generates some 70% of the centre’s revenue.
”We will also be going for jobs from small and medium enterprises in the electronics industry,” he said.
Gan said that for the 2010 financial year, COE-E&E was targeting to generate RM1.5mil in profit on the back of RM3mil in revenue.
”The centre will also be launching its master of science programme, in collaboration with Universiti Sains Malaysia’s school of electrical and electronic engineering soon, in micro-electronics soon at USM.
”In 2011, we will be producing the first batch of graduates,” he added.
Get to know USAINS. So near, yet so far?
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