China chipmaker picks SilTerra Malaysia for RM2.9bil plant upgrade

SilTerra chief executive officer Firdaus Abdullah said the company would be transferring its process intellectual property to manufacture new chips.

KUALA LUMPUR: China’s leading microelectronics producer Beijing Yandong Microelectronics Co Ltd (YDME) has picked SilTerra Malaysia Sdn Bhd as a partner to set up an eight-inch wafer fabrication plant in Beijing.

YDME said the upgrade involved an investment of 4.8 billion yuan (RM2.9bil).