Intel to invest RM30b in new plant in Malaysia, creating 9,000 jobs

ReutersPublished: Dec 16, 2021 3:01 AM | Updated: Dec 16, 2021 3:14 AM

Intel Corp will invest more than US$7 billion (RM30 billion) to build a new chip-packaging and testing factory in Malaysia, Chief Executive Pat Gelsinger said on Thursday, expanding production in the country following a global shortage of semiconductors.

The new advanced packaging facility in Malaysia is expected to begin production in 2024, he said.

This investment is expected to create over 4,000 Intel jobs...

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