, Germany’s largest semiconductor manufacturer, has announced a new investment of EUR5 billion into its semiconductor fab in Kulim, Kedah. This comes as part of its plan to take further steps in shaping the power semiconductor industry in a bid to secure their position in the market.
The statement by Infineon also quotes Prime Minister Anwar Ibrahim, who had expressed his appreciation towards Infineon’s commitment into Malaysia. Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz, also called Infineon’s investment into its Kulim plant a big vote of confidence in the current unity government. Zafrul noted that the investment will create high-skilled employment opportunities for Malaysians as well as position Malaysia as a frontrunner when it comes to green technologies.
Source: News Formal (newsformal.com)
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