Inari Amertron and MIT Semiconductor form JV for semiconductor process tools in Malaysia

Inari Amertron Bhd is teaming up with MIT Semiconductor Pte Ltd to set up a joint venture in Malaysia to supply customised semiconductor process tools. The JV will have a share capital of RM16.8 million, with Inari holding 51% and MSPL 49%, and will operate at Inari's plant in Penang.

“Inari Amertron Bhd is teaming up with Singapore-incorporated MIT Semiconductor Pte Ltd (MSPL) to set up a joint-venture firm in Malaysia to supply customised semiconductor process tools.”investpenang.gov.my

• 1 source
• investpenang.gov.myInari to Team Up with MIT to Supply Semiconductor Process Tools - InvestPenangAug 24, 2020

Summarized from public sources; check the original articles before acting on it.