MPI to buy Infineon’s plant in Thailand

MPI will take over IFX’s back-end manufacturing site in Nonthaburi.

PETALING JAYA: Malaysian Pacific Industries Bhd (MPI) is acquiring semiconductor assembly and testing services firm Infineon Technologies (Thailand) Ltd from Spansion LLC, Spansion Inc and Cypress Semiconductor Corp for RM327.56mil.

In a filing with Bursa Malaysia, the outsourced semiconductor packaging and testing services firm said Infineon Technologies operates a plant in Nonthaburi, Thailand.