KUALA LUMPUR: Semiconductor packaging and testing firm Siliconware Precision Industries Co Ltd (SPIL) broke ground on its RM6 billion P1 plant to be constructed on eight hectares in Bandar Cassia Technology Park, Penang.
The plant is projected to create practically 3,000 expert jobs, introduce superior packaging and testing applied sciences corresponding to wafer bumping, and provide a complete turnkey answer over the following 15 years, stated a joint assertion issued by the Taiwan-based firm, Malaysian Investment Development Authority (Mida) and Make investmentsPenang.
“This initiative is anticipated to considerably cut back manufacturing cycles, enhancing effectivity and competitiveness in the semiconductor trade,” it stated.
Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz stated the groundbreaking of this RM6 billion funding by SPIL validates Malaysia not solely as a most popular vacation spot for international semiconductor corporations but additionally as a rustic that’s severe concerning the swift implementation of traders’ commitments.
He stated the National Semiconductor Strategic Task Force has been driving many key initiatives to draw and implement investments in this sector, supported by Mida’s experience constructed over greater than half a century.
“All these are key success components for the New Industrial Master Plan 2030, which goals to extend financial complexity and forge stronger linkages between international corporations and native small and medium-sized enterprises whereas creating extra expert, higher-paying jobs for Malaysians.
“I’m assured these initiatives will even assist elevate our semiconductor sector’s place in the worldwide worth chain,” the minister stated.
MIDA CEO Sikh Shamsul Ibrahim Sikh Abdul Majid stated SPIL’s funding brings substantial benefits to Malaysia’s semiconductor trade.
“As one of many prime 10 international outsourced semiconductor meeting and check corporations, (SPIL) establishing this facility in Penang is a testomony to the nation’s formidable semiconductor ecosystem.
“This mission will considerably improve the nation’s provide chain, notably in the semiconductor trade, and create high-value job alternatives in engineering and technical fields for Malaysians,” he stated.
Sikh Shamsul stated it can additionally speed up the export of made-in-Malaysia merchandise globally, positioning Malaysia as a key participant in the worldwide semiconductor market and driving sustained financial development.
Meanwhile, SPIL Malaysia CEO Michael Chang stated the institution of the P1 plant will foster innovation in Penang, establishing a sophisticated packaging and testing base, cultivating semiconductor abilities, and enhancing technological capabilities. – eNM
