STMicroelectronics invests additional RM7.5B in Johor plant expansion

STMicroelectronics received approval for an additional RM7.5 billion investment to expand and develop its plant in Tanjung Agas, Johor, Malaysia, bringing total investment to nearly RM12 billion, with the first phase expected to create 597 jobs.

“The additional investment of RM7.5 billion by STMicroelectronics brings the total investment recorded by Johor so far this year to 95 per cent of its RM8 billion target – which is achievable.”bernama.com

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• bernama.comBERNAMA - STMicroelectronics makes additional investment of RM7.5 bln in JohorJan 24, 2019

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