Infineon’s RM25bil in investment in Kedah a sign of confidence in Madani Govt

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Infineon’s RM25bil in investment in Kedah a sign of confidence in Madani Govt
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Prime Minister Datuk Seri Anwar Ibrahim expressed his appreciation for Infineon’s commitment to creating a significant wide bandgap hub in the country.

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It said the investment will lead to an annual SiC revenue potential of about seven billion euros by the end of the decade, together with the planned 200-millimetre SiC conversion of Villach, Austria and Kulim, Kedah.

"Malaysia’s continued appeal as a preferred investment destination comes with a well-established landscape for developing innovative and sustainable technologies. Meanwhile, Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz described Infineon’s additional investment in Kulim as a strong vote of confidence in the Madani Government’s investment policies.

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