PM Anwar: German chipmaker Infineon’s additional RM24.9b investment shows faith in Malaysia

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PM Anwar: German chipmaker Infineon’s additional RM24.9b investment shows faith in Malaysia
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KUALA LUMPUR, Aug 3 — Prime Minister Datuk Seri Anwar Ibrahim welcomed the continued support shown by German chip maker Infineon Technologies AG that he said reflects...

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KUALA LUMPUR, Aug 3 — Prime Minister Datuk Seri Anwar Ibrahim welcomed the continued support shown by German chip maker Infineon Technologies AG that he said reflects Malaysia’s important position in the global semiconductor supply chain.

Anwar was commenting on Infineon’s latest plan to build a factory in Kulim, Kedah to produce the world’s largest 200mm Power Fab SiC . Anwar, who is also the finance minister, said the announcement is in line with the idea of a civil economy that aims to make Malaysia an economic leader in Asia and ranked among the 30 largest economies in the world.“This announcement is an extension of my discussion with Infineon Technologies AG chief operating officer Dr Rutger Wijburg on July 24,” he said.

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