KUALA LUMPUR, Dec 16 — Intel Corp will invest more than US$7 billion to build a new chip-packaging and testing factory in Malaysia, Chief Executive Pat Gelsinger said on Thursday, expanding production in the country following a global shortage of semiconductors.The RM30 billion investment is expected to create over 4,000 Intel jobs and more than 5,000 construction jobs in the country, the Malaysian government said.
A global shortage of semiconductor chips, caused partly by a pandemic-fuelled demand for electronics and disruptions in supply chains has seen car makers cut production and delays in smartphone deliveries at companies including Apple Inc.
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UK shares rebound after strong jobs data | Malay MailLONDON, Dec 14 — UK shares rose today after strong jobs growth in November signalled the labour market withstood the end of Britain’s furlough scheme, while news of a stake change and M&A weighed on telecoms firm BT Group and pest control company Rentokil. The blue-chip FTSE 100 gained 0.5...
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