Intel will spend US$230 million to expand a test and assembly facility in Kulim, Malaysia, a company spokesman confirmed Thursday.
The expansion, which was announced by Intel Chairman Craig Barrett during a visit to Malaysia, will employ approximately 2,000 workers when it goes into production, said Norhizam Kadir, a spokesman for Intel. No date was given for when Intel expects the expanded test and assembly facility to begin production.
Intel's existing plants in Kulim employ 2,500 employees and handle processor packaging and produce mobile modules, according to its Web site. No information was available regarding what products would be handled at the new facility, which is already under construction, Kadir said.
It marks the second significant investment that Intel has announced in Asia this week. On Monday, Intel said it would invest over US$1 billion in India. That figures includes US$250 million it will invest in a venture capital fund and US$800 million to be spent over the next five years to expand its business in the country.