Tengku Zafrul said the company’s RM9.6bil investment in Kuala Lumpur would create 1,300 local jobs, while RM5bil to be invested in Melaka would create 500 local jobs.
Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz said the United States-headquartered semiconductor company’s RM9.6 billion investment in Kuala Lumpur would create 1,300 local jobs while RM5 billion to be invested in Melaka would create 500 local jobs.
MIDA said the announced expansion reflected the joint efforts of TI, the Malaysian government, especially the Ministry of Investment, Trade and Industry and MIDA to reinforce Malaysia’s standing in the semiconductor industry and the initiatives aimed to drive economic growth, attract investments and foster knowledge exchange, contributing to the country’s overall development.
"This partnership further solidifies Malaysia’s position as a leading hub in the region for semiconductor innovation,” he said. On the expansion, MIDA said TI had recently purchased the building next to its existing assembly and test factory in Kuala Lumpur that sat on 7.28 hectares of land, which the company planned to convert into an assembly and test factory with more than one million square feet of cleanroom space.
It said at full production, TI’s new, state-of-the-art factories in Malaysia would feature advanced factory automation to assemble and test hundreds of millions of analogue and embedded processing chips daily that would go into electronics everywhere, from renewable energy sources to electric vehicles.
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