Intel to invest additional RM860 million in Malaysia, PM says
Add BT as a preferred source
[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
Abandoned ‘Titanic’, failing ‘ancient towns’: Why China’s tourism boom leaves white elephants behind
SpaceX surge further boosts Saudi billionaire prince’s fortune
Battle for Asia’s ultra-rich: ‘Singapore can’t afford to keep losing clients to Dubai, Hong Kong’
Billionaire Partners Group founder moves to split family office
