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PMX receives a call from the Intel CEO regarding investment in Malaysia

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Recently, Prime Minister Dato’ Seri Anwar Ibrahim said that he had received a call from Intel CEO Lip-Bu Tan and Intel Foundry Executive Vice President and General Manager Naga Chandrasekaran regarding the latest developments in the company’s investments in Malaysia. So, what should you know about it?

 

A huge investment for the country

For your information, 2025 marks Intel’s 50th year in Malaysia, and at the end of last year, the development of Intel’s newest manufacturing campus, named Project Pelican, located in the Bayan Lepas Free Trade Zone, was approaching 99 per cent completion by the end of 2025.

Additionally, the development of this manufacturing campus is estimated to cost approximately USD7 billion (~RM28 billion), and will house Intel’s latest semiconductor chip packaging technology involving advanced packaging assembly and testing ( advanced packaging using EMIB and Foveros technology ) and will begin operations later this year.

Meanwhile, Intel will also emphasise improving the skills of local talent and generating high-value jobs throughout the supply chain at this assembly and packaging complex, expected to be in collaboration with a number of local higher education institutions.

To recap, Intel is known as a leading semiconductor and computer processing chip manufacturer. Interestingly, the first semiconductor factory to open outside the United States was in Penang in 1975.

 

Stay tuned to TechNave.com for more updates like this.

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