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Intel has announced plans to invest RM 30 billion into their Malaysia plant, with plans to expand their operations in Penang and Kulim.
This major investment, through their subsidiary, Intel Electronics (Malaysia) Sdn. Bhd., augurs well with Malaysia’s National Investment Aspirations (NIA), which looks to ensure Malaysia stays at the forefront as a global hub for quality investments while creating high-value jobs.
This latest investment bolsters Malaysia’s role as a prominent site in Intel’s global manufacturing network.
The new investment is expected to create over 4,000 Intel jobs as well as over 5,000 construction jobs for Malaysians.
The expansion of Intel’s assembly test manufacturing, while also building out die prep capability with the addition of advanced packaging capabilities to Intel’s operation in Malaysia will help ignite growth of the high-tech ecosystem in the region.
This investment is impactful not just in terms of enabling us to scale up on the volume of production but also in terms of moving up the value chain of technology transfer and capacity building.
This undertaking certainly comes at an interesting time, as the world feels the effects of the chip shortages and the potential challenges arising from the recovery of the pandemic globally.
These have manifested itself in multiple ways in the gaming sphere, such as with the shortage of PS5s or even servers for games like Final Fantasy XIV.
