US-based semiconductor company Texas Instruments (TI) will be investing RM14.6bil to expand its operations in Kuala Lumpur and Melaka, potentially creating around 1,800 new jobs.
A potential of RM9.6bn will be invested in Kuala Lumpur, and is projected to create 1,300 jobs. At the same time, Melaka will see RM5bn worth in investments, and 500 jobs created.
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Investments in assembly and test operations further extend the company's cost advantage and provide greater control of supply chain KUALA LUMPUR, Malaysia and MELAKA, Malaysia, June 13, 2023 /PRNewswire/ Texas Instruments Incorporated (TI) (Nasdaq: TXN), today announced plans to expand its internal manufacturing footprint in Malaysia with two new assembly and test factories in Kuala Lumpur and Melaka..