Penang, Malaysia – February 3, 2026 — Electro Rent, a global leader in test and measurement equipment solutions, today announced its partnership with InvestPenang, formalised through a Memorandum of Understanding (MoU) exchange, to support the newly opened Shared Lab for IC Design Validation & Characterisation in Penang, Malaysia.
The Shared Lab, launched under the Penang Silicon Design @5KM+ (PSD@5KM+) initiative led by InvestPenang, is designed to strengthen Penang’s semiconductor ecosystem by providing integrated circuit (IC) design companies with access to advanced post-silicon validation and characterisation capabilities.
As part of this collaboration, Electro Rent is supplying advanced test and measurement equipment to the Shared Lab through its flexible rental solutions, empowering local IC design companies to access high-performance instruments without the upfront capital burden. By lowering barriers to world-class testing capabilities, this initiative supports emerging IC design startups in accelerating development cycles, bringing new innovations to market faster, and fostering growth across the semiconductor value chain.
Electro Rent joins other distinguished technology collaborators formalised at the Shared Lab launch — including Oppstar Technology, X-FAB Sarawak, Contacthings, Keysight and MIMOS — collectively strengthening the facility’s ability to deliver comprehensive post-silicon validation services supported by advanced industry expertise and equipment.
The partnership aligns with Electro Rent’s mission to accelerate innovation and strengthen technology ecosystems globally. By providing access to advanced test and measurement solutions, Electro Rent continues to support semiconductor customers and partners in achieving technical excellence while enhancing financial flexibility.
For more information on test equipment supporting IC design validation and characterization, please refer the high-speed digital system & semiconductor design catalogue.
About Electro Rent
Electro Rent is a global leader in test and technology solutions that enable customers to accelerate innovation and optimize investments. Electro Rent's rental, leasing, sales, and asset management solutions serve leading innovators in communications, aerospace and defense, automotive, energy, education, and general electronics and have been doing so since 1965. For more information about Electro Rent, visit www.electrorent.com.
Chenelle Low
Marketing & BD Director, APAC
chenelle.low@electrorent.com

