Holland chip maker Nexperia to invest additional RM1.6 bln in Malaysia operations by 2026
10 Dec 2021
Nexperia Malaysia Sdn Bhd, a wholly-owned subsidiary of Nexperia BV (Netherlands), is looking to invest an additional RM1.6 billion “for building, equipment, and automation” in Malaysia by 2026, following the groundbreaking ceremony of its latest facility in Seremban, Negeri Sembilan today.
Vice-president Harith Abdullah said the company is looking to hire 700 more skilled workers over time to man and maintain automated production lines.
“We are committed to growing our operations here to meet our clients’ demands for our products,” he said in a statement today.
The Netherland-headquartered global semiconductor manufacturer is among the leading players in the high volume production of essential semiconductors and components that are utilised in a variety of electronic designs.
Its product portfolio includes diodes, transistors, and electrostatic discharge protection devices as well as analog and logic integrated circuits.
The company’s new four-story building will feature 11,000 sq m of cleanroom space. With 20,000 sq m worth of build-up space, the facility will house a fully automated raw material warehouse and is anticipated to be operational by mid-2022.
Malaysian Investment Development Authority (MIDA) chief executive officer Datuk Arham Abdul Rahman said with the global chip shortage, Malaysia will continue to be a desirable electrical and electronics (E&E) location for global companies.
“We look forward to seeing Nexperia rise up to be among the catalytic investors contributing towards the development of the state’s E&E cluster, creating more opportunities for Malaysians which aligns with the main pillars of our National Investment Aspiration (NIA).”