Malaysia says US chipmaker Intel to invest $7 bln in new facility
Computer chip maker Intel's logo is shown on a gaming computer display. REUTERS/Mike Blake
American chip manufacturer Intel Corporation will invest 30 billion ringgit ($7.10 billion) in a new, state-of-the-art facility, Malaysian authorities said on Monday.
The Malaysian Investment Development Authority, in a media invitation, said Intel Corporation had chosen Malaysia to expand manufacturing capabilities for its advanced semiconductor packaging technologies in the northern state of Penang.
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