ATX Semiconductor to boost investment in Melaka to RM952mil


From left: ATX Group business management director SC Lim, ATX Melaka site general manager Sunny Aw, ATX Group chief executive officer Chris Hsu, Melaka State Women, Family and Community Development Committee chairman Datuk Kalsom Nordin, ATX Group vice president of business centre Victor Tan and ATX Weihai general manager Niel Liao.

MELAKA: ATX Semiconductor Group, a globally renowned semiconductor provider from China, intends to ramp up investment to US$200 million (RM952 million) for its new manufacturing plant in Melaka, over the next five years for its second-phase business expansion.

Chief executive officer Chris Hsu said the company has already invested more than US$55 million (RM258 million) in the group’s inaugural manufacturing facility outside of China, in Free Trade Zone III, Batu Berendam here.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Bank Islam targets 50% rise in BIMB biz users payment to voice feature
CPO output down 5.3%, palm oil exports fall 28.13% in Nov -�MPOB
Bursa Malaysia slips at midday amid subdued regional sentiment
EcoWorld achieves record sales and profit in FY25
LAC Med shares up on market debut
Steel unit price index falls 0.1 to 3.2 % in Nov - DoSM
SumiSaujana explores partnership with China polyurethane product manufacturer
Carsome's record retail performance drives up 3Q earnings
DKSH shares soar 68 sen on privatisation proposal
China's consumer inflation quickens to 21-month high, producer deflation persists

Others Also Read