Intel to Invest $7 Billion in New Chip-Packaging Factory in Malaysia, Creating 9,000 Jobs

Intel will invest more than $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 new advanced packaging facility in Malaysia is expected to begin production in 2024, he said. The 30 billion ringgit … Read more

Intel to Invest $7 Billion in New Chip-Packaging Factory in Malaysia, Creating 9,000 Jobs

Intel will invest more than $7 billion (roughly Rs. 53,380¬†crore) 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 new advanced packaging facility in Malaysia is expected to begin production in 2024, he said. The … Read more