Business

Germany’s Infineon to pump RM4b into Malaysian ops

May 10, 2012

KUALA LUMPUR, May 10 — Germany’s Infineon Technologies AG said today it will invest RM4 billion into its existing operations at a Malaysian technology park over the next ten years.

“The decision to expand our operations in Kulim is a logical choice as it is a designated growth location for us,” Infineon Technologies official Thomas Reisinger said in a statement.

Infinion is building a new wafer fabrication facility named Kulim 2 at Kulim Hi-Tech Park in Kedah with the capability to produce 300mm wafers.

The plant is due to be completed by end of this year. — Reuters

Biz Updates from PR Newswire

More

Talk of the web