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aws账号(www.2km.me)_E&E gets RM30bil boost from Intel

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At a joint press conference yesterday with International Trade and Industry Minister Datuk Seri Azmin Ali, Intel Corp CEO Patrick Gelsinger (pic) said his company will expand its manufacturing capabilities in advanced semiconductor packaging technology, without elaborating on the specific investment type for the two locations.

KUALA LUMPUR: Malaysia’s electrical and electronics (E&E) sector received a huge boost with Intel Corp investing RM30bil (US$7bil) over the next 10 years to upgrade its facilities in Penang’s Bayan Lepas Free Industrial Zone (FIZ) and Kulim Hi-Tech Park in Kedah, and in the process create 9,000 jobs.

At a joint press conference yesterday with International Trade and Industry Minister Datuk Seri Azmin Ali, Intel Corp CEO Patrick Gelsinger (pic) said his company will expand its manufacturing capabilities in advanced semiconductor packaging technology, without elaborating on the specific investment type for the two locations.

Intel Corp has a long history of investing in Malaysia, with Intel Malaysia being the first offshore site for Intel Corp, with more than RM22bil invested since 1972.

Intel Malaysia currently employs more than 13,000 personnel, including the country’s largest design and development centre, and one of only two Intel shared services hubs supporting HR, finance, procurement, IT and supply chain operations to global Intel sites.

Intel Malaysia is also Intel’s largest assembly and test manufacturing site that produces Intel’s latest products.

According to Azmin, Intel’s continuous investment in Malaysia underscores the long-term strategic association between Intel and Malaysia that stretches back five decades.“The major investment, through its subsidiary, Intel Electronics (M) Sdn Bhd, augurs well with Malaysia’s National Investment Aspirations, which looks to ensure Malaysia stays at the forefront as a global hub for quality investments while creating high value jobs,” said Azmin.

Earlier this month, Intel Malaysia Sdn Bhd signed a memorandum of understanding with the Malaysian Investment Development Authority (Mida) to enhance talent development in the E&E industry. As reported by Bernama, the deal includes human capital development, research and development, expansion of local sourcing, the adoption of Industry 4.0 by E&E ecosystem players, and the deployment of the Intel digital readiness programme.

“The major investment, through its subsidiary, Intel Electronics (M) Sdn Bhd, augurs well with Malaysia’s National Investment Aspirations, which looks to ensure Malaysia stays at the forefront as a global hub for quality investments while creating high value jobs,” said Azmin.

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