Intel to invest additional RM860 million in Malaysia, PM says
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[KUALA LUMPUR] Malaysian Prime Minister Anwar Ibrahim said US chipmaker Intel has announced an additional investment of RM860 million (S$208 million) in the country for assembly and testing operations.
Anwar said in a social media post on Monday that the announcement followed a meeting between himself and Intel CEO Tan Lip-Bu.
In 2021, Intel announced it would build a US$7 billion advanced chip packaging plant in Malaysia. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
