Infineon to Invest Up to €5 Billion in Malaysia Site Expansion
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Infineon Technologies AG announced plans to expand its manufacturing capacity with a project on its Malaysia site that will cost as much as €5 billion ($5.5 billion) over five years.
The expansion, which more than doubles the original investment Infineon announced 18 months ago, will help generate €7 billion in revenue by the end of the decade, the company said in a statement on Thursday.