Presentation on theme: "Bringing value to Malaysia Dan Ellsworth President & CEO World Micro, Inc. COLLABORATING FOR SUCCESS: MALAYSIA."— Presentation transcript:
Bringing value to Malaysia Dan Ellsworth President & CEO World Micro, Inc. COLLABORATING FOR SUCCESS: MALAYSIA
World Micro’s expansion An opportunity to create an Asian hub “WMC is on the verge of opening an Asian hub in Penang. Its biggest competitive advantage is its counterfeit inspection, detection and abatement expertise. WMC’s expansion would be the first of its kind in Malaysia.
A collaboration has been proposed An opportunity to lead an industry “A program of collaboration" to help grow the Malaysian electronics economic ecosystem through the introduction of programs to position Malaysia to become the Asian center of influence and education toward eliminating counterfeit electronic (CF) components.”
NCIA driving force in regional growth Incentives provided for workable programs “The objectives of the Northern Corridor Implementation Authority (NCIA) are: “To promote and accelerate the development of the region into a world class economic region and a choice destination for investment, work and living…” Companies such as WMC can be given incentives if the right value is brought into the country.
IDEA is structured, proven, and ready to deploy New standard ready to roll out. Able to certify Malay workforce. Advances trade ethics Establishes standards Provides industry education Provides certification programs classes and workshops designed to train for counterfeit parts detection Conducts inspector certification program
A Shared vision NCIA incentives and IDEA support can help to build a safe haven “Create A Safe Haven” “Through a collaborative effort between the Northern Corridor Implementation Authority (NCIA) and World Micro Components (World Micro, WMC), and with guidance and support from the U.S. - based Independent Distributor of Electronics Association (IDEA), programs will be created to benefits to the region -- and the country, that can profoundly impact Malaysia's role in the worldwide electronic components supply chain and enhance its reputation and status in the Malay marketplace. “
Moving forward A June meeting between Debra Eggeman, Executive Director, IDEA, IDEA board members, Kuan Eu Jin, and Dato' Redza and his team has been confirmed. It will lay the foundation for moving the collaboration forward.
Collaborating for success Dan Ellsworth President & CEO World Micro, Inc. THANK YOU FOR YOUR TIME TODAY