Malaysia says US chipmaker Intel to invest US$7 billion in new facility

American chip manufacturer Intel will invest RM30 billion (US$7.1 billion) in a new, state-of-the-art facility, Malaysian authorities said on Monday (Dec 13).

The Malaysian Investment Development Authority, in a media invitation, said Intel had chosen Malaysia to expand manufacturing capabilities for its advanced semiconductor packaging technologies in the northern state of Penang.

Source: https://www.channelnewsasia.com/

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