BUSINESS

ATX SEMICONDUCTOR TO BOOST INVESTMENT IN MELAKA TO RM952 MLN

24/04/2024 09:14 AM

MELAKA, April 23 (Bernama) -- ATX Semiconductor Group, a globally renowned semiconductor provider from China, intends to ramp up investment to US$200 million (RM952 million) for its new manufacturing plant in Melaka, over the next five years for its second-phase business expansion.

Chief executive officer Chris Hsu said the company has already invested more than US$55 million (RM258 million) in the group’s inaugural manufacturing facility outside of China, in Free Trade Zone III, Batu Berendam here. 

Hsu added that production is slated to commence in the first half of 2026.

“The new facility has initiated manufacturing activities and will expand production capacity to better serve customers in Malaysia and surrounding regions," he said during a press conference following the opening ceremony of ATX Semiconductor (Melaka) Sdn Bhd here today.

Hsu highlighted the potential for job creation, with over 2,000 jobs expected to be generated in the coming year. 

He emphasised the positive impact on the economy and employment opportunities in Melaka as well as the facilitation of technology transfer and talent development between China and Malaysia.

The event was also attended by Melaka State Women's Affairs, Family Development and Welfare Committee chairman Datuk Kalsom Nordin.

Hsu commented on ATX Group's strong presence in China, with leading packaging and test solutions, and noted that the new facility in Melaka would leverage this expertise.

“ATX currently operates six manufacturing plants worldwide, with five in China and one in Melaka.

“This plant marks not only the first ATX Semiconductor facility in Malaysia but also the first ATX manufacturing plant outside China," he added.

Hsu added that ATX's products and services cater to various industries, including communication, automotive, consumer, industrial, high-performance computing and medical sectors.

-- BERNAMA  


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