Lam Research opens largest manufacturing plant in Penang with RM1b investment | Malay Mail

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.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sarawak govt teams up with Kenanga Investment, Revenue Group for digital banking licence | Malay MailKUALA LUMPUR, Aug 2 — SSG Digital Resources Bhd, a special purpose vehicle for a consortium comprising the Sarawak government, Revenue Group Bhd and Kenanga Investment Bank Bhd, has submitted its application for a digital banking licence from Bank Negara Malaysia (BNM). This...
Source: malaymail - 🏆 1. / 86 Read more »

Bursa opens higher on improved market sentiment | Malay MailKUALA LUMPUR, Aug 3 ― Bursa Malaysia was slightly higher in early trade today, reversing yesterday’s downtrend as market sentiment improved on hopes for stimulus packages from the United States and China, coupled with a decline in daily local Covid-19 cases, dealers said. At 9.06am, the...
Source: malaymail - 🏆 1. / 86 Read more »