Polymatech Electronics plans $100 million semiconductor plant in Bahrain

Polymatech Electronics plans to invest $100 million in a semiconductor manufacturing facility in Bahrain. Phase 1A ($16.5 million) in leased premises starts January 2025; Phase 1B ($83.5 million) on owned land starts October 2026. Announced November 2024.

“We are investing $100 million in phase one in Bahrain.”zawya.com

• 1 source
• zawya.comPolymatech Electronics plans $100mln semiconductor plant in BahrainNov 5, 2024

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