Investing 22.6 billion yuan, TI plans to build two new factories in Malaysia_News_ALL NEW SEMI (ANSC)

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Investing 22.6 billion yuan, TI plans to build two new factories in Malaysia

2023-06-17

Texas Instruments announced its expansion plan in Malaysia, opening two new assembly and testing plants in Kuala Lumpur and Malacca, with a potential investment of 14.6 billion ringgit (about 22.63 billion yuan). It is expected to meet approximately 90% of TI's assembly and testing needs by 2030 to better ensure the stability of its product supply.

TI's new factory in Kuala Lumpur will be built next to the existing factory, with a planned investment of MYR 9.6 billion (approximately RMB 14.9 billion) and the creation of 1300 job opportunities. It will be transformed into an assembly and testing factory with over 1 million square feet of clean room space. Construction is expected to begin later this year, with production expected to begin as early as 2025.

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At the same time, TI's new factory in Malacca will be located next to the existing assembly and testing plant, with a 6-story factory building to be built and connected to TI's existing factory. This new factory is expected to invest up to RM5 billion (approximately RMB 7.7 billion), which will also create up to 500 job opportunities and is expected to start production in 2025. The new factory will have over 400000 square feet of clean room space.

The minister of the Ministry of Investment, Trade and Industry, Dong Guzafulu, said through the announcement that the expansion plan of Texas Instruments reflects the clear positioning of Malaysia in the global semiconductor supply chain, which not only strengthens the local value chain, but also creates a "knowledge base" and high-income employment opportunities for our nation.

Texas Instruments pointed out that after its full production, its new first-class factory in Malaysia will be equipped with advanced factory automation, and hundreds of millions of analog and embedded processing chips will be assembled and tested every day. These chips will be used in electronic products in various fields, from renewable energy to electric vehicles.

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