Intel to invest $7.1B in Malaysia chipmaking expansion

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Intel is expanding its manufacturing operation in Malaysia as chipmakers work to diversify global supply chains that were hit hard by the COVID-19 pandemic

KUALA LUMPUR, Malaysia — Intel said it will invest 30 billion ringgit ($7.1 billion) to expand its manufacturing operation in Malaysia as chipmakers work to diversify their global supply chains that were hit hard by the COVID-19 pandemic.

The U.S. semiconductor company is no stranger to Malaysia, where it built its first offshore assembly plant in Penang in 1972.

“This latest investment bolsters Malaysia’s role as a prominent site in Intel’s global manufacturing network,” Mohamed Azmin Ali, the country’s senior minister of international trade and industry, said in a statement.

He said it will expand Intel’s assembly and test manufacturing, “while also building out die prep capability with the addition of advanced packaging capabilities,” and help fulfill global demand driven by pandemic-fueled chip shortages.

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