Cochlear Announces Expansion of Global Repair Centre for Implantable Hearing Solutions in Kuala Lumpur
Cochlear Limited (ASX: COH), the
global leader in implantable hearing solutions, today announced an expansion of
services in its Global Repair Centre located in Kuala Lumpur, Malaysia. The Australian Acting High Commissioner to Malaysia Michael
Growder, together with officials from the Australian Trade and Investment
Commission, Malaysian Investment Development Authority (MIDA), Association of
Malaysian Medical Industries (AMMI), Ministry of Health (MOH), KPJ Healthcare
University College and other related bodies attended the ceremony to mark the
expansion of the facility.
The Cochlear
Global Repair Centre was established in 2015, consolidating
eight centres around the globe into one world-class facility. Since its
opening, the Global Repair Centre has delivered more efficient, faster and
consistent external sound processor repairs for customers, enabling a better
customer experience and even greater processor reliability. Cochlear is now
expanding its services to assemble replacement Nucleus 6 sound processors, where
required, for existing customers covered by Cochlear’s processor warranty.
Cochlear Malaysia is an
important part of the Company’s global business. Beginning with a small IT team
in 2010, today Cochlear Malaysia is a thriving service centre which hosts the Global
Repair Centre, Corporate Shared Services (including IT, customer service and
procurement), the Company’s regional sales team, and a small research and
development function.
“Leveraging
on the availability of the established supporting industries conforming to the
world-class standard, we trust that Cochlear will be able to enjoy the many
advantages Malaysia offers. MIDA will continue to be Cochlear’s partner and
provide our full support to facilitate its business in the country,” added
Dato’ Abdul Majid.
“Kuala Lumpur has proven to
be a great place to centralise our global, support services,” said Greg Bodkin,
SVP Supply Chain & Operational Excellence, Cochlear. “We have significantly
grown our workforce with the right skills to support our business globally. The
legal and regulatory environment is pro-business, tax rules are attractive and
English-language skills are abundant. For our Global Repair Centre, we’ve been
able to hire local engineers and electronics technicians, who repair the sound
processors for customers around the world and deliver to Cochlear’s global
standard of quality.”
“We’re a growing company in
a growing industry,” Bodkin added. “As we expand our global supply chain
capacity to support this growth, Malaysia is and will increasingly be an
important part of our global operations network.”
Dato’
Abdul Majid also said, “The medical devices industry has been identified as one
of the high potential growth industries under the 11th Malaysia Plan due to its
strong linkages to other manufacturing subsectors. Therefore, we view this
project as a catalyst to boost the development of the medical device ecosystem
in the country and hope that it will attract other global medical device
industry players.”
About Cochlear Limited (ASX: COH)
Cochlear is the global leader in implantable
hearing solutions. The company has a global workforce of more than 3,500 people
and invests more than AUD$160 million each year in research and development.
Products include cochlear implants, bone conduction implants and acoustic
implants, which healthcare professionals use to treat a range of moderate to profound
types of hearing loss. Since 1981, Cochlear has provided more than 550,000
implantable devices, helping people of all ages, in more than 100 countries, to
hear.
About MIDA
MIDA is the government's principal promotion
agency under the Ministry of International Trade and Industry (MITI) to oversee
and drive investments into the manufacturing and services sectors in Malaysia.
Starting operations in 1967 with a relatively small set up of 37 staff, MIDA
has grown to become a strong and dynamic
organisation of over 700 employees. Headquartered in Kuala Lumpur Sentral, MIDA
today has 12 regional and 20 overseas offices. MIDA continues to be the
strategic partner to businesses in seizing the opportunities arising from the
technology revolution of this era. For more information, please visit www.mida.gov.my and follow us on Twitter, Instagram and Facebook.
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