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Star Biz7

MPI aims upwards

By DOREENN LEONG

WHEN Inari Amertron Bhd announced its intention to jointly acquire loss-making Lumileds Holding BV two months ago, investors reacted with scepticism, sending its share price tumbling.

But when Malaysian Pacific Industries Bhd (MPI) unveiled plans to buy Infineon Technologies’ loss-making Thailand unit, Infineon Technologies (Thailand) Ltd (IFTH), the response could not have been more different.

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MPI , Infineon , Semiconductors , Acquisition , ThailandExpansion , InvestorTrust , AIDatacenters , AutomotiveChips

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