Texas Instruments (TI) has expanded its existing manufacturing footprint in Malaysia with two new factories.
The first building is next to TI’s existing assembly and test factory in Kuala Lumpur and will see a potential investment of up to 9.6 billion Ringgit (S$2.79 billion).
With a potential investment of up to 5 billion Ringgit, TI is building the second factory in Melaka, southwestern Malaysia.
The production at both facilities will begin in early 2025, the company said.
Malaysia’s Minister of Investment, Trade & Industry, Tengku Zafrul Aziz, said TI’s plans to expand assembly and test operations reflect Malaysia’s clear positioning in the global semiconductor supply chain.
It also complements the nation’s new investment policy and new industrial master plan’s focus on attracting hi-tech, high-value investments to support increasingly digitised global and domestic economies, Aziz said.
According to TI, the new factories will feature advanced automation to assemble and test hundreds of millions of analogue and embedded processing chips daily.
TI’s VP of Assembly and Test Manufacturing Operations, Yogannaidu Sivanchalam, said the investments are part of a long-term strategy to expand internal manufacturing capacity to support the increasing need for semiconductors and provide greater assurance of supply.
This is in line with the company’s plans to manufacture over 90 percent of its products internally by 2030.
