MPI optimistic despite semiconductor market volatility

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

KUALA LUMPUR: Malaysian Pacific Industries Bhd (MPI) expects the global semiconductor market to remain volatile.

Nonetheless, the group will continue focusing on cost optimisation through automation and process enhancements, while sharpening its strategy to strengthen its position in the renewable energy, electric vehicle and AI sectors.