Intel celebrates 35 years in Malaysia, reaffirms commitment to reinvest
posted by Glen Stidolph in Malaysia |
Intel Malaysia, one of eight pioneer multinational companies to invest in Penang 35 years ago, has reaffirmed the company’s commitment to continue investing in the country.
Intel Malaysia’s newly-appointed Managing Director (Assembly and Test), Atul Bhargava, said Intel would continue to grow with Malaysia, as the company brings in more value added processes involving design and development, to enhance Intel’s competitiveness.
Bhargava was speaking at the company’s 35th anniversary celebrations at its locality in Bayan Lepas. Penang Chief Minister Tan Sri Dr Koh Tsu Koon, who was present, gave away a token of appreciation to Intel Malaysia’s long-serving employees including some employees who stayed with the company from 1972.
With an initial workforce of 100, Intel Malaysia has grown over the years and today employs some 10,000 people.
The company’s continued expansions in the country, has also translated to a high capital investments today of over US$3 billion (RM10.44 billion) in the country.
Intel Malaysia’s commitment to continue investing in Malaysia was a strong indication of the company’s confidence in the country’s business environment, the Chief Minister said.
