Intel announces $7 billion investment plan in Malaysia

Published by
Kyodo News

U.S. chip giant Intel Corp. will invest $7 billion to expand its plants in Malaysia amid a global semiconductor shortage, Chief Executive Officer Pat Gelsinger said Thursday. Gelsinger, who is visiting Malaysia from Wednesday, told reporters in Kuala Lumpur that his company will invest more than 30 billion ringgit over the next decade for expanding two assembly and test facilities, setting up a packaging plant and other projects in Malaysia. Besides Malaysia, Intel, a top global chipmaker, is expected to announce by early next year an expansion of its plants in the United States and Europe, Ge…

Read More

  • Related Posts

    Amanah Calls For Constructive Campaign Focus In Mahkota By-election

    KOTA BHARU, Sensitive issues related to race, religion, and royalty (3R) as well as the price of diesel should not be used as campaign material by the opposition during the Mahkota state constituency by-election, says Parti Amanah Negara (Amanah) sec…

    Mahkota Polls: EC Reminds Candidates Of Regulations Ahead Of Saturday’s Nomination

    KUALA LUMPUR, Prospective candidates for the Mahkota state by-election are advised to pre-check their nomination forms with the Returning Officer’s office or the Johor State Election Office before filing them at the Dewan Tunku Ibrahim Ismail in Klua…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    For security, use of Google's reCAPTCHA service is required which is subject to the Google Privacy Policy and Terms of Use.