BERLIN :German chipmaker Infineon said on Thursday it was massively increasing its investment in its Malaysia plant while reporting slightly better-than-expected quarterly revenue in a semiconductor market where trends remain a mixed picture.
The planned expansion of the Kulim fab is backed by customer commitments covering about 5 billion euros and about 1 billion euros in pre-payments, said Infineon, which said it would invest up to an additional 5 billion euros over the next five years.
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