Anwar hails Malaysia’s significance in global semiconductor supply chain

Business & Finance
25 Jul 2023 • 3:03 PM MYT
Media Selangor (EN)
Media Selangor (EN)

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KUALA LUMPUR, July 25 — The continued confidence shown by German chipmaker Infineon Technologies AG in Malaysia’s investment ecosystem reflects the country’s importance in the global semiconductor supply sector, said Prime Minister Datuk Seri Anwar Ibrahim.

He said this complements the National Investment Aspirations and the New Industrial Master Plan 2030’s focus on attracting high-tech and high-value investments to support global and domestic economies.

“Malaysia is an important hub for Infineon in wafer fabrication (Kulim, Kedah) and semiconductor chip packaging activities (Melaka).

“The RM28 billion the company has invested in Malaysia to date is a testament to this,” he said in a statement on his Facebook page today.

Anwar also said he had a meeting yesterday with representatives from Infineon, which has been operating in this country since 1973.

He said during the meeting, Infineon Technologies AG chief operating officer Rutger Wijburg expressed his gratitude to the Malaysian government for its support for the company.

— Bernama

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