Fairchild to sell Penang factory, 1,000 set to lose jobs

Fairchild Semiconductor's factory in Bayan Lepas. Fairchild is selling the property as the company is winding down operations in Malaysia. About 1,000 set to lose jobs. - Chan Boon Kai/The Star

GEORGE TOWN: Fairchild Semiconductor International Inc, known as National Semiconductor when it first came to Malaysia in 1972, is selling its manufacturing facility in the Free Industrial Zone (FIZ), Bayan Lepas as part of its worldwide realignment exercise. About 1,000 people will lose their jobs.

The plant, currently operating with about 500 full-time staff, is expected to close by the end of the year.