December 10, 2004 – Infineon Technologies AG has announced that it plans to invest about US$1 billion in a new Malaysian plant to mainly produce power and logic chips used in automotive and industrial power applications, said Asia Pulse Pte Ltd.
The German semiconductor giant said it will build a new front-end production plant in Kulim High Tech Park in the Malaysian state of Kedah. Groundbreaking for the project is planned for early 2005. Ramp-up is scheduled for 2006. At full capacity, the fab will employ about 1700 people.
Wolfgang Ziebart, president and CEO, said in a statement that the new plant complements Infineon’s already existing production sites for nonmemory products in Munich-Perlach, Regensburg, Villach, and Dresden as well as Altis Semiconductors, a joint venture with IBM in Essonnes, France.