E&E gets RM30bil boost from Intel

At a joint press conference yesterday with International Trade and Industry Minister Datuk Seri Azmin Ali, Intel Corp CEO Patrick Gelsinger (pic) said his company will expand its manufacturing capabilities in advanced semiconductor packaging technology, without elaborating on the specific investment type for the two locations.

KUALA LUMPUR: Malaysia’s electrical and electronics (E&E) sector received a huge boost with Intel Corp investing RM30bil (US$7bil) over the next 10 years to upgrade its facilities in Penang’s Bayan Lepas Free Industrial Zone (FIZ) and Kulim Hi-Tech Park in Kedah, and in the process create 9,000 jobs.

At a joint press conference yesterday with International Trade and Industry Minister Datuk Seri Azmin Ali, Intel Corp CEO Patrick Gelsinger (pic) said his company will expand its manufacturing capabilities in advanced semiconductor packaging technology, without elaborating on the specific investment type for the two locations.