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KUALA LUMPUR: Ferrotec Holdings Corp, a global supplier of materials, components, and precision system solutions, has plans to establish a new manufacturing facility in Kulim Hi-Tech Park in Kedah.
Tie-up to build wafer fabrication plant in Malaysia
KUALA LUMPUR: Dagang NeXchange Bhd (DNeX) and Big Innovation Holdings Limited (BIH), a wholly-owned subsidiary of Hon Hai Precision Industry Co Ltd (Foxconn), plan to set up a joint venture company to build and operate a new 12-inch wafer fabrication plant in Malaysia.
TOKYO: Japanese manufacturers are increasingly looking to move offshore operations to their home market, according to a Tokyo Steel Manufacturing Co executive.
MANY are not in favour of the government’s proposal to slash crude palm oil (CPO) export tax to between 4% and 6% and also, to slow down its B20 biodiesel programme to boost export earnings from the record high commodity prices.
CHINA’s biggest chipmaker and a major iPhone supplier cut their outlooks for the second quarter, joining a growing list of manufacturers warning about the fallout from lockdowns aimed at containing the country’s worst Covid outbreak in two years.
KUALA LUMPUR: ACE-Market bound Cnergenz Bhd's initial public offering (IPO) has been oversubscribed by 40.32 times.