Syntronixs Asia becomes part of Infineon
German semiconductor manufacturer, Infineon, has via its subsidiary Infineon Technologies (Malaysia) Sdn. Bhd. acquired Syntronixs Asia Sdn. Bhd., a Melaka-based electroplating company.
Founded back in 2006, Syntronixs Asia has a workforce of more than 500 people and has been a major service provider for Infineon since 2009. The company specialises in precision electroplating, a key process in the assembly process of semiconductors. “Infineon is committed to taking the necessary steps to continuously enhance our global manufacturing footprint,” says Alexander Gorski, Executive Vice President, who is responsible for Infineon’s global Backend Operations in a press release. Dr. Thomas Kaufmann, Executive Vice President and COO of Infineon’s Automotive Division, adds: “Through this acquisition, we have made another important step to strengthen the resilience of our supply chain”. The parties have agreed not to disclose the purchase price.