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.

Hsu added that production is slated to commence in the first half of 2026.

"The new facility has initiated manufacturing activities and will expand production capacity to better serve customers in Malaysia and surrounding regions," he said during a press conference following the opening ceremony of ATX Semiconductor (Melaka) Sdn Bhd here today.

Hsu highlighted the potential for job creation, with over 2,000 jobs expected to be generated in the coming year.

He emphasised the positive impact on the economy and employment opportunities in Melaka as well as the facilitation of technology transfer and talent development between China and Malaysia.

The event was also attended by Melaka State Women's Affairs, Family Development and Welfare Committee chairman Datuk Kalsom Nordin.

Hsu commented on ATX Group's strong presence in China, with leading packaging and test solutions, and noted that the new facility in Melaka would leverage this expertise.

"ATX currently operates six manufacturing plants worldwide, with five in China and one in Melaka.

"This plant marks not only the first ATX Semiconductor facility in Malaysia but also the first ATX manufacturing plant outside China," he added.

Hsu added that ATX's products and services cater to various industries, including communication, automotive, consumer, industrial, high-performance computing and medical sectors. - Bernama

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

Next In Business News

Oil gains 1% on hopes of firmer demand
JPMorgan investors weigh CEO Dimon’s strategy, succession plan
Muhibbah rides on Cambodian tourism uptick
Feytech gears up for expansion to meet growing demand
Ready to rise up the ranks again
SC working overtime to combat spread of scams
Russia and Malaysia sign tax agreement
MGB ACHIEVES 23% PROFIT SURGE IN 1Q24
GDP up 4.2% in 1Q24
Chinese firms invest in ‘green’ jet fuel

Others Also Read