Kulim, Malaysia, 7 July 2022 – Infineon marked a momentous milestone in the construction of a new state-of-the-art wafer fab module in Kulim, Malaysia. Today the foundation stone laying ceremony was held at Infineon Technologies (Kulim) Sdn. Bhd. With more than RM8 billion worth of investment, the third module will add significant manufacturing capacity in power semiconductors, particularly wide bandgap technology based on silicon carbide and gallium nitride. Construction is expected to be completed by third quarter of 2024.

The guest-of-honour YAB Dato’ Seri Haji Muhammad Sanusi Bin Haji Mohd Nor, Chief Minister of Kedah officiated the Foundation Stone Ceremony, accompanied by Ng Kok Tiong, Senior Vice President and Managing Director of Infineon Technologies Kulim, Ms. Lim Bee Vian, Deputy Chief Executive Officer (Investment Development) of the Malaysian Investment Development Authority (MIDA), Ms. Kam Ai Mei, Chief Financial Officer, Infineon Technologies (Kulim) Sdn. Bhd. and Dr. Raj Kumar, Vice President of Technology, Infineon Technologies (Kulim) Sdn. Bhd.

In his speech, YAB Dato’ Seri Haji Muhammad Sanusi Md. Nor, Chief Minister of Kedah said, “I am pleased that Infineon, who has a long-term presence in Kedah, continues to expand in the Kulim Hi-Tech Park (KHTP). Since KHTP’s establishment in 1996, the number of capital-intensive high-tech manufacturing companies have steadily grown bringing advanced technologies and R&D activities as well as high tech jobs to Kedah state, and creating a vibrant economy for the local community. We will endeavor to continue this virtuous cycle.”

“Malaysia is an important hub for Infineon due to economies of scale already present in our front-end wafer fab manufacturing in Kulim, and back-end chip manufacturing in Melaka. When fully equipped, products from the new module will generate additional EUR2 billion in annual revenue. As decarbonisation efforts gain momentum globally, demand from electric vehicles, charging and storage infrastructures, and renewable energy for wide band gap power semiconductors is growing and we are prepared to support the demand,” said Dr. Rutger Wijburg, Chief Operations Officer, Infineon Technologies AG.

According to Ms. Lim Bee Vian, Deputy Chief Executive Officer (Investment Development) of MIDA, “We are fortunate to have long-term and committed industry partners including Infineon, which have been instrumental to bringing growth in Malaysia's semiconductor industry. As we revel in the announcement for the third facility today to increase the wafer fabrication of wide bandgap semiconductors, I am pleased to note that Infineon Kulim’s third module will be instrumental in increasing Malaysia's position in the global semiconductor supply chain.”

“Our collective aim is to establish Malaysia as one of the key partners in global semiconductor supply chains. Having like-minded global partners like Infineon will strengthen our position in global value chains and our goal to be an advanced manufacturing base in the region driven by innovation. We are committed to supporting industry leaders like Infineon and we appreciate the trust and commitment you have shown throughout your valued presence in Malaysia.” she added.

Addressing the ceremony, Mr. Ng Kok Tiong, Senior Vice President and Managing Director of Infineon Technologies Kulim thanked the employees of Infineon Kulim for their commitment towards the success of the company. He also expressed his gratitude to the Kedah State, MIDA and Malaysia government for its strong support. He said, “Malaysia offers a bright and highly motivated talent pool that we can further invest in and grow via on-the-job training and competency development. Bringing new technology to Malaysia requires skills to manage complexity and experience to master the technology. The new module will create 900 high-value job opportunities adding to the existing employees at Infineon Kulim.”

The electrical and electronics (E&E) industry contributes significantly to Malaysia's GDP growth, export earnings, investment and employment and plays a vital role in the country's industrial development. In the first quarter of 2022 alone, Malaysia attracted a total of RM18.6 billion (USD 4.4 billion) in approved investments for the E&E industry, among the top performing industries in January to March 2022 for the manufacturing sector.

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About Infineon

Infineon Technologies AG is a world leader in semiconductor solutions that make life easier, safer and greener. Microelectronics from Infineon are the key to a better future. With around 50,280 employees worldwide, Infineon generated revenue of about €11.1 billion in the 2021 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the over-the-counter market OTCQX International Premier (ticker symbol: IFNNY).

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About MIDA

MIDA is the government's principal investment promotion and development agency under the Ministry of International Trade and Industry (MITI) to oversee and drive investments into the manufacturing and services sectors in Malaysia. Headquartered in Kuala Lumpur Sentral, MIDA has 12 regional and 20 overseas offices. MIDA continues to be the strategic partner to businesses in seizing the opportunities arising from the technology revolution of this era. For more information, please visit www.mida.gov.my  and follow us on Twitter, Instagram, Facebook, LinkedIn, TikTok and YouTube channel.

Media contacts:

Infineon

Ms. Mazilifah Mohd Razak

Senior Communications Manager, Infineon Technologies (Kulim) Sdn. Bhd.

Email: Mazilifah.MohdRazak@infineon.com  | Tel: +604-494 7224

MIDA

Ms. Noor Suziyanti Saad

Director, Electrical and Electronics Division, MIDA

Email: suziyanti@mida.gov.my  | DL: +603-2267 3575