Denso Malaysia invests RM160m in advanced semicon production

densoMalaysia-feb21

KUALA LUMPUR: Japan’s Denso Corporation is investing RM160mil to expand the production capacity of its automotive semiconductors in Malaysia.

The Malaysian Investment Development Authority (MIDA) said in a statement on Wednesday the investment, via its subsidiary Denso Malaysia Sdn Bhd, has been approved and it scheduled to start in April.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Denso Malaysia , semiconductors , MIDA , National Automotive Policy , Azman Mahmud , Tomoya Nakamura

Next In Business News
Wall St ends higher as banks gain on upbeat results
Oil settles down as Trump comments ease Iranian supply concerns
Property segment set for solid expansion
BLand in proposed name change
Vestland terminates three jobs worth RM551mil
Uneven gains forecast from global chip upcycle
Strong year on the cards for consumer sector
Affin Bank set to shine on structural changes, digital platforms
BMW launches first locally assembled EV
Positive view on TM’s plan to lower staffing costs

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.