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KUALA LUMPUR Sept 9 Reuters - Several managers at semiconductor firm SilTerra Malaysia have been arrested by the countrys anti-corruption agency parent company Dagang NeXchange Bhd DNeX said in a stock exchange filing on Thursday. The additional capacity is expected to be ready for production by early 2023.
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. While the 2023 Solterra currently doesnt face much competition in the non-luxury EV compact-ute segment the landscape could drastically change in the next year or. SilTerras 180nm BCD AEC-Q100 Grade Zero automotive grade process is now entering mass production phase and this is the second important milestone since the achievement of IATF 169492016. Dagang NeXchange Bhd DNeX has teamed up with Beijing Integrated Circuit Advanced Manufacturing and High-End Equipment Equity Investment Fund Center Limited Partnership also known as CGP Fund to acquire Khazanah Nasional Bhds loss-making semiconductor unit for RM273 million cash.
The Malaysian Anti-Corruption Commission MACC has arrested several key management personnel of SilTerra Malaysia Sdn Bhd a unit under Dagang NeXchange Bhds DNeX technology. Malaysia has the attributes to be a sustainable semiconductor fabrication hub for mature technology market 022 to 009 micron and it is cost competitive compared to Taiwan Korea South. Save for the inking of a definitive agreement with Dagang Nexchange Bhd DNeX the deal for the sovereign wealth funds divestment of Silterra Malaysia Sdn Bhd is now in the final lap as it irons out the terms and conditions with DNeX.
DNeX is now is the majority shareholder of SilTerra. In comparison it is speculated that NGVs bid for Silterra comes with two options. SilTerra jalin kerjasama tiga universiti sasar rekrut 30 jurutera setahun.
SilTerra which has spread its wings in the global tech scene is today more well-known in Taiwan and China and the giants of the industry worldwide than in Malaysia. SilTerra signs agreement with Taiwan-based ILI Technology Corp. KHAZANAH Nasional Bhds bid to dispose of the nations only state-owned wafer foundry is a long time coming.
It is already shipping silicon photonics to data centres and it expects its micro-electromechanical systems MEMS and biosensor products to take off this year. Featured News 2021-11-03 Evening 5 Featured 2021-11-02 Featured Morning Call 2021-11-01 Behind the Story. Latest News On Silterra.
NEWS TAGGED SILTERRA Wednesday 26 January 2022 SilTerra to expand 8-inch fab expansion Malaysia-based pure-play foundry house Silterra has announced plans to expand its annual production capacity. Sep 9 2021 626 AM Updated. According to the company SilTerra is now seeing the fruits of its labour.
Foxconn Technology Group Hon Hai Precision Industry is said to have joined the bidding for stakes in Malaysia-based 8-inch foundry Silterra and if it wins the Taiwanese EMS giant will enhance. KUALA LUMPUR Nov 29 -- SilTerra Malaysia Sdn Bhd has entered into a multi-year wafer supply and purchase agreement with ILI Technology Corp Ilitek a touch controller and driver integrated circuit IC fabless design house based in Taiwan. SilTerra menyasarkan merekrut sehingga 30 jurutera dalam bidang itu setiap setahun pada masa depan.
Cyberjaya 26 July 2021 Dagang NeXchange Berhad DNeX has completed the acquisition of 60 per cent equity interest in SilTerra Malaysia Sdn Bhd SilTerra from Khazanah Nasional Berhad. 626 AM Several managers at semiconductor firm SilTerra Malaysia have been arrested by the MACC said parent company Dagang NeXchange Bhd DNeX in a stock. The Malaysian Anti-Corruption Commission MACC has arrested several key management personnel of Silterra Malaysia Sdn Bhd a unit under Dagang Nexchange Bhd s DNeX technology division to assist in an investigation of a.
KUALA LUMPUR March 31. Meanwhile the higher demand for chips globally has benefited the company. Previous articles which speculated that DNeX was in the running to acquire Silterra have pegged their offer price at RM240mil for a 100 stake in Silterra in which it will hold a 60 stake and its partner Beijing CGP Investment Co Ltd the remaining 40.
SilTerra Malaysia was the subject of a takeover battle in February which saw DNeX and a Chinese partner outbid. The investment sourced from both capital injections by shareholders and internally generated fund will increase SilTerras annual capacity from 83 million as at end of July 2021 to 10 million mask layers. In a statement today DNeX said.
SilTerra provided great support when we started our Malaysian subsidiary in Bayan Lepas Penang in 2008 and since then we have been cooperating closely to strengthen the semiconductor ecosystem in Malaysia and Southeast Asia.
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