GEORGE TOWN, Aug 3 ― A leading wafer fabrication equipment company, Lam Research, officially opened its new manufacturing plant at Batu Kawan here today with an investment of RM1 billion.
“Early this year, we announced a commitment to hire about 350 workers but we have exceeded this number now and by the end of this year, we will have about 600 employees,” she said during the virtual opening of the facility. Meanwhile, Lam Research Corporation president and chief executive officer Tim Archer said the new plant gave the company confidence in its ability to continue to grow.
Penang Chief Minister Chow Kon Yeow, who also attended the virtual launch, said the new plant will integrate smoothly in Penang's semiconductor supply chain.
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