Intel invests over $7 billion in new chip plant in Malaysia
US chip manufacturer Intel will invest 30 billion ringgit ($7.1 billion) in a new state-of-the-art facility for advanced semiconductor packaging technology at its existing campus in Malaysia’s northwestern Penang state, the Malaysian Investment Development Authority said on December 13, according to Reuters and Bloomberg News.
The addition of advanced packaging capabilities to Intel’s operations in Malaysia would strengthen the company’s supporting activities and its global service center, the authority said, adding that the investment would position Malaysia as one of the key hubs for electronics manufacturing and shared services in the region.
Malaysia accounts for 13 per cent of global chip packaging and testing, and some seven per cent of the world’s semiconductor trade passes through the country, with some value added at local factories and chips getting combined with other parts before final shipment.
In 2020, Malaysia’s exports of electrical and electronic products reached a value of over 386 billion ringgit, accounting for 39.3 per cent of Malaysia’s total exports.
Intel started manufacturing computer equipment in Malaysia in 1972
Intel started operations in Penang in 1972 with the setup its first offshore assembly plant for computer and computer peripheral equipment, including processors, chipsets, keyboards, mice, boards, monitors, storages and wireless products, serving customers worldwide.
Today, Intel Penang is home to a high-tech campus with ten buildings, including one of Intel’s largest assembly and test sites and a design and development center. Another Intel campus is located in Kulim in neighbouring Kedah state.
Intel’s CEO Pat Gelsinger traveled to Taiwan and Malaysia attendant on US Secretary of State Antony Blinken’s first visit to Southeast Asia in mid-December for talks that underscore how Asian manufacturing would be crucial to the turnaround efforts of the chip maker which aims to take back leadership of the industry from Asian industry giants such as Taiwan Semiconductor Manufacturing, among others.
[caption id="attachment_37902" align="alignleft" width="300"] Intel's campus in Penang, Melaysia[/caption] US chip manufacturer Intel will invest 30 billion ringgit ($7.1 billion) in a new state-of-the-art facility for advanced semiconductor packaging technology at its existing campus in Malaysia’s northwestern Penang state, the Malaysian Investment Development Authority said on December 13, according to Reuters and Bloomberg News. The addition of advanced packaging capabilities to Intel’s operations in Malaysia would strengthen the company’s supporting activities and its global service center, the authority said, adding that the investment would position Malaysia as one of the key hubs for electronics manufacturing and shared services in the...
US chip manufacturer Intel will invest 30 billion ringgit ($7.1 billion) in a new state-of-the-art facility for advanced semiconductor packaging technology at its existing campus in Malaysia’s northwestern Penang state, the Malaysian Investment Development Authority said on December 13, according to Reuters and Bloomberg News.
The addition of advanced packaging capabilities to Intel’s operations in Malaysia would strengthen the company’s supporting activities and its global service center, the authority said, adding that the investment would position Malaysia as one of the key hubs for electronics manufacturing and shared services in the region.
Malaysia accounts for 13 per cent of global chip packaging and testing, and some seven per cent of the world’s semiconductor trade passes through the country, with some value added at local factories and chips getting combined with other parts before final shipment.
In 2020, Malaysia’s exports of electrical and electronic products reached a value of over 386 billion ringgit, accounting for 39.3 per cent of Malaysia’s total exports.
Intel started manufacturing computer equipment in Malaysia in 1972
Intel started operations in Penang in 1972 with the setup its first offshore assembly plant for computer and computer peripheral equipment, including processors, chipsets, keyboards, mice, boards, monitors, storages and wireless products, serving customers worldwide.
Today, Intel Penang is home to a high-tech campus with ten buildings, including one of Intel’s largest assembly and test sites and a design and development center. Another Intel campus is located in Kulim in neighbouring Kedah state.
Intel’s CEO Pat Gelsinger traveled to Taiwan and Malaysia attendant on US Secretary of State Antony Blinken’s first visit to Southeast Asia in mid-December for talks that underscore how Asian manufacturing would be crucial to the turnaround efforts of the chip maker which aims to take back leadership of the industry from Asian industry giants such as Taiwan Semiconductor Manufacturing, among others.
