Semiconductors and Semiconductor Equipment
Company Overview of Silterra Malaysia Sdn. Bhd.
Silterra Malaysia Sdn. Bhd., a semiconductor wafer foundry, offers fabrication and design support services in CMOS logic, high-voltage, mixed-signal, radio frequency, and micro-electro-mechanical-system technologies to global semiconductor customers. Its design solutions include reference design flow; a design library for its process offerings to accelerate product development of the customers; technology files support of electronic design automation tools; and various design intellectual property (IP) solutions. The company also provides various services, such as multi project wafer program, a multi-project design and IP verification service for customers and IP providers; MyFab portal that...
Kulim Hi-Tech Park
Founded in 1995
Key Executives for Silterra Malaysia Sdn. Bhd.
Interim Chief Executive Officer and Executive Director
Interim Chief Operating Officer
President of USA Operations
Compensation as of Fiscal Year 2015.
Silterra Malaysia Sdn. Bhd. Key Developments
Sil-Terra Sale to Chinese Party Aborted
Dec 10 14
Khazanah Nasional Berhad's sale of 98% stake in Silterra Malaysia Sdn. Bhd. to a Chinese party has been called off, sources said. The sale has been aborted as per directives of government, Business Times reported. “The sale to the Chinese party has been aborted, but SilTerra may still be up for sale to a Malaysian party,” an industry source said. Khazanah board, at a meeting in November decided to abort the sale to a Chinese semiconductor player it had been in talks with, New Straits Times reported. “Apart from saving some 1,000 Malaysian jobs at SilTerra and its supporting industries, the government is also mindful that SilTerra’s operations are vital to training curriculums at local universities, along with the fact that the country’s semiconductor industry remains attractive to both new and existing investors,” noted a source. Khazanah did not respond to Business Times’ email query on SilTerra on December 9, 2014, New Straits Times reported.
Sources Say Khazanah In Final Stake Of Silterra Stake Sale
Jun 20 14
Khazanah Nasional Berhad is planning to sell stake in Silterra Malaysia Sdn. Bhd. On June 19, 2014, People close to the matter said that Khazanah is in final stage of stake sale. According to the news report, it is said that Silterra will be sold to a Chinese buyer. A source added, “Khazanah is currently awaiting nod from the government to proceed with the transaction. If the sale goes through, Khazanah will completely lose control of the company.” Business Times reported that the decision to sell the stake is due to the cumulative losses of MYR 1.7 billion made by the company since 2011.
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