ASE to continue expanding in Malaysia


GEORGE TOWN: Taiwan-based Advanced Semiconductor Engineering Inc (ASE) will spend RM3bil to RM4bil to expand its operations in Penang until 2030.

ASE South-East Asia president Lee Kwai Mun said the group would increase its headcount from 3,000 to 6,000 by 2028 or 2029, adding that ASE spent RM4.7bil to build its fourth and fifth plants in Penang.

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

Next In Business News

Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
Singapore’s financial sector a big winner
Smart city can’t beat the traffic
AI disruption fears rock markets
Private equity hits a sixer
Dubai luxe property keeps booming
US LNG exporters lead in gas use

Others Also Read