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PETALING JAYA: Semiconductor solutions provider Infineon will invest more than RM8bil to build a wafer fab module in Kulim, Kedah, adding a significant manufacturing capacity in power semiconductors.

The construction is expected to be completed by the third quarter of 2024.

Infineon Technologies AG chief operations officer Rutger Wijburg said Malaysia was an important hub for Infineon due to economies of scale already present in its front-end wafer fab manufacturing in Kulim and back-end chip manufacturing in Melaka.

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“When fully-equipped, products from the new module will generate additional �2bil (RM9.03bil) in annual revenue,” he said.

Meanwhile, Malaysian Investment Development Authority deputy chief executive officer (investment development) Lim Bee Vian said Malaysia was fortunate to have long-term and committed industry partners, including Infineon, which have been instrumental in bringing growth to Malaysia’s semiconductor industry. — Bernama