Infineon’s third plant in Kulim, Malaysia, has held a groundbreaking ceremony with a total investment of more than RM8 billion (RMB12.12 billion) for the manufacturing of third-generation semiconductor silicon carbide and gallium nitride products, which is expected to be completed and put into operation in the third quarter of 2024.
Infineon’s Chief Operating Officer Rutger Wijburg, who attended the ceremony, said that the company’s former wafer fabrication site in the Jurin region has formed a scale advantage, and the third plant will contribute 2 billion euros (about 13.52 billion yuan) in new output value when it comes into production, which will also enable Infineon to better meet the growth in demand for power semiconductors.
Data show that Malaysia has now become a popular destination for semiconductor manufacturers to invest, in the first quarter of 2022 alone, the country attracted $4.4 billion (about 29.568 billion yuan) of investment in the electronics and electrical sector, is the country’s strongest performing segment of the manufacturing industry.
