Texas Instrument investing RM14.6bil to expand operations in KL and Melaka

KUALA LUMPUR: Texas Instruments (TI) is investing RM14.6 billion to expand its operations in Kuala Lumpur and Melaka with production on both locations expected to begin as early as 2025.

Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz said the United States-headquartered semiconductor company’s RM9.6 billion investment in Kuala Lumpur would create 1,300 local jobs while RM5 billion to be invested in Melaka would create 500 local jobs.