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    Wednesday, August 30, 2006

    SimpleTech Expands In Malaysia
    Santa Ana-based SimpleTech said today that it is building a new manufacturing facility in Penang, Malaysia, in order to take advantage of a lower tax rate and lowering its overall cost structure. The firm said it will invest approximately $28M in Malaysia, for its 200,000 square foot facility. The government of Malaysia is giving the company an extended tax holiday as part of a comprehensive incentive package. SimpleTech is a manufacturer of Flash memory, DRAM, and external storage products.
    posted on Wednesday, August 30, 2006

    Related stories:
    > SimpleTech Upgrades Memory Offerings
    > Boingo Enters Malaysia
    > SimpleTech Adds OEM Sales VP
    > SimpleTech Ships Solid State Drives
    > SimpleTech Sells Consumer Products Business

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