Infineon’s RM25bil in investment in Kedah a sign of confidence in Madani Govt

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Infineon’s RM25bil in investment in Kedah a sign of confidence in Madani Govt
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Prime Minister Datuk Seri Anwar Ibrahim expressed his appreciation for Infineon’s commitment to creating a significant wide bandgap hub in the country.

It said the investment will lead to an annual SiC revenue potential of about seven billion euros by the end of the decade, together with the planned 200-millimetre SiC conversion of Villach, Austria and Kulim, Kedah.

"Malaysia’s continued appeal as a preferred investment destination comes with a well-established landscape for developing innovative and sustainable technologies. Meanwhile, Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz described Infineon’s additional investment in Kulim as a strong vote of confidence in the Madani Government’s investment policies.

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