Intel to Invest $7 Billion on Manufacturing Plant in Malaysia
Intel Corp. will invest 30 billion ringgit to expand its manufacturing capabilities in advanced semiconductor packaging technology in Penang, Malaysia, according to a press invitation on Monday.The chipmaker is scheduled to hold a press conference on Wednesday at the Kuala Lumpur International Airport on the investment.Intel CEO Patrick Paul Gelsinger, Malaysia’s Trade Minister Azmin Ali and Malaysian Investment Development Authority CEO Arham Abdul Rahman will be present, according to the invi