KUALA LUMPUR: Semiconductor options supplier Infineon will invest greater than RM8 billion to build a wafer fab module in Kulim, including a major manufacturing capability in energy semiconductors.
The building is predicted to be accomplished by the third quarter of 2024.
Infineon Technologies AG chief operations officer Dr Rutger Wijburg stated Malaysia is a crucial hub for Infineon due to economies of scale already current in its front-end wafer fab manufacturing in Kulim, and back-end chip manufacturing in Melaka.
“When fully-equipped, merchandise from the brand new module will generate further EUR2 billion (EUR1=RM4.52) in annual income.
“As decarbonisation efforts acquire momentum globally, demand from electrical automobiles, charging and storage infrastructures, and renewable vitality for extensive band hole energy semiconductors is rising and we’re ready to assist the demand,” he stated.
Meanwhile, Malaysian Investment Development Authority deputy chief govt officer (funding growth) Lim Bee Vian stated Malaysia is lucky to have long-term and dedicated business companions, together with Infineon, which have been instrumental in bringing development to Malaysia’s semiconductor business.
“As we revel in the announcement for the third facility at this time to improve the wafer fabrication of extensive bandgap semiconductors, I’m happy to observe that Infineon Kulim’s third module can be instrumental in rising Malaysia’s place in the worldwide semiconductor provide chain.
“Our collective intention is to set up Malaysia as one of many key companions in world semiconductor provide chains,” she stated.
Lim famous that having like-minded world companions like Infineon will strengthen Malaysia’s place in world worth chains and its aim to be a sophisticated manufacturing base in the area, pushed by innovation.
“We are dedicated to supporting business leaders like Infineon and we respect the belief and dedication you may have proven all through your valued presence in Malaysia.” she added.
The electrical and electronics (E&E) business contributes considerably to Malaysia’s GDP development, export earnings, funding and employment, and performs an important function in the nation’s industrial growth.
In the primary quarter of 2022 alone, Malaysia attracted RM18.6 billion (US$4.4 billion) in accepted investments for the E&E business, among the many high performing industries in the interval of January to March 2022 for the manufacturing sector. – Bernama