Prime Minister Anwar Ibrahim said Infineon Technologies AG decided to invest in its facility at the Kulim Hi-Tech Park which was set up by the federal government.
At a ceramah here, Anwar said the German company only finalised its decision on its RM25 billion investment to expand its Kulim facility “four days ago”. “The company had sought guarantees from the Kedah government in 2021, but in reality, the decision was made four days ago.”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Infineon’s RM25bil in investment in Kedah a sign of confidence in Madani GovtKUALA LUMPUR: Global semiconductor company Infineon Technologies AG has announced the expansion of its Kulim facility to build the world’s largest 200-millimetre (mm) silicon carbide (SiC) power fabrication (power fab) plant, with an additional investment of up to five billion euros (1 euro=RM4.99) over the next five years.
Source: staronline - 🏆 4. / 75 Read more »
PM Anwar rejects ‘anti-Kedah’ label, cites RM25b Infineon investment as proofKUALA LUMPUR, Aug 5 — Prime Minister Datuk Seri Anwar Ibrahim sought to fend off any suggestions that he is
Source: malaymail - 🏆 1. / 86 Read more »
PM welcomes Infineon’s additional €5 billion investment | The Malaysian InsightAnwar says announcement inline with Madani economic concept.
Source: msianinsight - 🏆 8. / 63 Read more »
Infineon to massively increase its investment in M’siaGerman chipmaker Infineon is 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.
Source: staronline - 🏆 4. / 75 Read more »