Malaysia says US chipmaker Intel to invest US$7 billion in new facility

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KUALA LUMPUR : American chip manufacturer Intel Corporation will invest 30 billion ringgit (US$7.10 billion) in a new, state-of-the-art facility, Malaysian authorities said on Monday.The Malaysian Investment Development Authority, in a media invitation, said Intel Corporation had chosen Malaysia to expand

KUALA LUMPUR : American chip manufacturer Intel Corporation will invest 30 billion ringgit in a new, state-of-the-art facility, Malaysian authorities said on Monday.

The Malaysian Investment Development Authority, in a media invitation, said Intel Corporation had chosen Malaysia to expand manufacturing capabilities for its advanced semiconductor packaging technologies in the northern state of Penang.

 

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