# 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.

- Type: Partnership
- Announced: 2020-08-18
- Where: Batu Kawan, Penang, Malaysia
- Value: $4.00M (16.8M MYR)
- Status: announced
- Products: customised semiconductor process tools
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Inari Amertron](https://endata.com/companies/23273.md)
- [MIT Semiconductor](https://endata.com/companies/33205.md) (partner)

## Sources

- [investpenang.gov.my](https://investpenang.gov.my/inari-to-team-up-with-mit-to-supply-semiconductor-process-tools/), 2020-08-24: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.