actually has quite a history in Malaysia. Having first set up a production and assembly plant in Penang way back in 1972, that Penang plant—Intel’s first offshore assembly plant—cost Intel USD1.6 million back then. They’ve since expanded their presence with offices in Kulim and in Kuala Lumpur too, but Intel isn’t stopping there, as the chipmaker has recently announced a further USD7.1 billion in investment into expanding their Malaysian plants.
Intel CEO Pat Gelsinger said that they’ll be building a new advanced packaging facility at their Penang site, and the new facility is expected to begin production sometime in 2024. Dubbed the Intel Pelican Project, it will have several phases, with the goal for Intel being the expansion of their assembly test manufacturing, die prep capabilities as well as advanced packaging capacity.
“Having made their mark here outside of the United States that spans nearly half a century ago, Intel has grown into a high-tech campus. Today, I am pleased to share that Intel will be expanding its operation in Malaysia, investing more than US$7 billion over the next ten years.