Kuala lumpur: Infineon Technologies' mega investment has not only positioned Malaysia as a global semiconductor manufacturing hub but will also generate 1,500 high-income jobs for Malaysians, said Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz. He highlighted the transformative impact of this development on Malaysia's economy and employment landscape.

According to BERNAMA News Agency, Prime Minister Datuk Seri Anwar Ibrahim announced Infineon's RM30 billion potential investment during a trade and investment mission to Germany, following a meeting with the company's top management. The investment has now materialized, marking a significant milestone for Malaysia's semiconductor industry.

Infineon Technologies, the German semiconductor giant, has initiated an additional RM30 billion investment to build the world's largest 200mm Silicon Carbide (SiC) Power Fab at the Kulim Hi-Tech Industrial Park in Kedah. The first phase of the plant has been completed and is already operational. This development underscores the state government's recognition of federal efforts to attract further investment to Kedah.

The investment also includes Infineon's commitment to supporting local small and medium enterprises through its local vendor development programme, launched on January 15, 2025, which has benefited 139 local companies. This initiative highlights Infineon's dedication to fostering local industry growth alongside its own expansion.

"This is a highly significant investment and a clear sign of Infineon's confidence in Malaysia. From potential, we have made it a reality," added Tengku Zafrul, emphasizing the importance of this investment for Malaysia's future in the global semiconductor market.