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Infineon to spend $160 million in Malaysia
Peter Clarke
3/31/2011 7:44 AM EDT
LONDON – German chipmaker Infineon Technologies AG has said it will invest $160 million this year to expand R&D and production capacity at its assembly and test facility in Malacca, Malaysia.
The investment will mainly increase the capacity to produce power semiconductors and will add 350 jobs in Malacca in 2011. Infineon employs nearly 7,000 employees in Malacca.
In January, Infineon (Munich, Germany) opened Infineon Integrated Circuits (Beijing) Co. Ltd. in Beijing, China, which houses a technical center for automotive solutions and an IGBT stacks manufacturing facility.
Related links and articles:
Infineon supplying power chips to Tesla
Infineon signs Chinese IGBT deal
Infineon sales, profits jump in Q4
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