© western digital Business | November 16, 2020
Western Digital to invest hundreds of millions to boost capacity in Malaysia
The US data storage manufacturer has decided to invest an additional MYR 2.3 billion (EUR 472 million) to upgrade its facilities and boost its production capacity in Malaysia.
The decision to invest further in the company’s operations in the country was reached following a meeting between Malaysian Prime Minister, Tan Sri Muhyiddin Yassin, and the Chairman of Western Digital Malaysia Operations Group, Datuk Dr Syed Hussian Aljunid. The additional investment brings Western Digital’s total investment in Malaysia up to almost MYR 18 billion (EUR 3.7 billion). With the this step the company intends to expand the facilities and capacity of its plants in Penang and Sarawak. This new investment is expected to create more than 2’000 new job opportunities, a press release from the Prime Minister’s office reads.
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From a distributors point of view – Smith Understanding current market trends, continuous investments in in-house testing and process automation, as well as strategically placed distribution hubs are key factors for mitigating the effects of the current global semiconductor shortage, according to Smith.Load more news