Infineon Technologies AG has opened its ‘Fab 2’ production and R&D facility in Kulim in the Malaysian state of Kedah.
Infineon Technologies (Malaysia) Sdn Bhd said it will invest RM1 billion (US$233 million at current rates) in capacity expansion, innovation, and upgrading its manufacturing facilities in the state of Melaka.
With almost 40 years of history in Malaysia, Infineon has had the same impact in Melaka as Intel has had in Penang. But one can argue that Infineon has gone about its job in a much more low-key manner … in much the same way it began in the state south of Kuala Lumpur.
Infineon Technologies said it is investing RM500 million (US$157 million) over two years to expand its research and development and manufacturing activities in Malaysia.
Infineon Technologies announced it is supplying the security chips for Malaysia's new national electronic identity cards.
The Prime Minister of Malaysia missed out on driving home important messages when a foreign company announced RM4 billion worth of investments. As "CEO" of Mlaaysia, what Prime Minister Datuk Seri Najib Razak can do more of is to speak about innovation and doing things better. This is after all the year of the National Science and Innovation Movement Year 2012. He should infuse all his speeches with works such as innovation, not being afraid to fail, dare to be different.