PHOTO - VP and MD of Infineon Technologies Peter Bailey presenting a token to Chief Minister of Melaka YAB Datuk Seri Mohd Ali Rustam.
KUALA LUMPUR, 7 APRIL 2011- German firm Infineon Technologies is to invest RM480 million (USD 160 million) in capacity expansion, innovation and upgrading of its manufacturing facilities as part of the company's planned capital expenditure this year, it said.
"This expansion is to meet the demand for solutions in energy efficiency, mobility and security," said Infineon Technologies Malaysia's vice president & managing director, Peter Bailey, speaking during the groundbreaking ceremony of a new multi-storey car park by Chief Minister of Melaka, Datuk Seri Mohd Ali Rustam.
Bailey said that physical expansion of a 6,000 square meter manufacturing facility was scheduled to be completed by June 2011 and would increase the capacity for production of power semiconductors by 36 per cent. "Infineon also made significant investments in expanding capacity for discrete semiconductors and expects to add up to 350 new jobs; increasing its employment in Melaka to more than 7,000 employees in 2011."
"Infineon is also intensifying its focus on engineering competencies for packaging technologies, product and test development in Melaka by more than doubling the investment from last year to about RM48 million (US$16 million) to build up engineering know-how and development tools for design of new packages and process technologies," he said. "Since the development centre's inception in 2005, the number of development engineers has grown five-fold to 216 engineers. Infineon expects to increase the number of development engineers by a further 120 over the next one year."
"This year's investment in manufacturing capacity and development capabilities is an affirmation of our long term plan for Melaka towards higher value added products and services" said Bailey.
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