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.