# Intel to invest $7.1 billion in new semiconductor facility in Penang, Malaysia

Intel Corporation will invest 30 billion ringgit ($7.1 billion) in a new state-of-the-art facility in Penang, Malaysia, to expand manufacturing capabilities for advanced semiconductor packaging technologies.

- Type: New facility
- Announced: 2021-12-13
- Where: Penang, Malaysia, Malaysia
- Value: $7.10B
- Jobs: 9,000
- Starts operating: 2024
- Status: announced
- Products: advanced semiconductor packaging
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Intel](https://endata.com/companies/21062.md)

## Sources

- [reuters.com](https://www.reuters.com/technology/malaysia-says-us-chipmaker-intel-invest-7-bln-new-facility-2021-12-13/), 2021-12-13: "American chip manufacturer Intel Corporation will invest 30 billion ringgit ($7.10 billion) in a new, state-of-the-art facility."
- [reuters.com](https://www.reuters.com/technology/intel-invest-7-bln-new-plant-malaysia-creating-9000-jobs-2021-12-16/), 2021-12-16: "Intel Corp will invest more than $7 billion to build a new chip-packaging and testing factory in Malaysia."
- [investpenang.gov.my](https://investpenang.gov.my/intel-starts-construction-of-new-production-facility-at-bayan-lepas-ftz-3-penang-as-part-of-its-us7-billion-expansion-project/), 2021-12-17: "Intel Corporation’s (Intel) groundbreaking ceremony today marks the construction of its new production facility at Free Trade Zone Phase 3, Bayan Lepas Industrial Park, Penang as part of its US$7 billion (RM30 billion) expansion project."

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