Kedah (Malaysia)
AT&S Austria Technologie &
Systemtechnik AG, a semiconductor manufacturer, has announced its plan to
invest $2 billion to construct a production plant in Malaysia in Kulim Hi-Tech
Park of Kedah. It is scheduled to begin in the second half of 2021 and commence
commercial operations from 2024. The plant will be constructed in Kulim Hi-Tech
Park in the northern state of Kedah.
This will be the company’s first
Southeast Asian plant according to Malaysia's International Trade and Industry
Ministry.
Andreas Gerstenmayer, CEO, AT&S
mentioned that R&D activities will also be executed at Malaysian plant
apart from manufacturing high-tech products.
Muhyiddin Yassin, Prime Minister,
Malaysia added that AT&S' footprint will boost the development of the
semiconductor ecosystem in the country, give opportunities for local vendors
dealing with advanced electronics and increase high-tech employment for the
citizens.
AT&S is known for manufacturing
high-end printed circuit boards and integrated circuit substrates which are
used in mobile devices, industrial electronics, automotive applications and
medical and health technology. The company has production facilities in
Austria, India, China and South Korea.
According to the Malaysian
government, the country has a mature electrical and electronics manufacturing
sector that supplies to many companies including Apple Inc. The sector
contributes 40% of the country’s total exports and around 7% of global semiconductor trade.
Source – ET
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