Industrial Manufacturing
Texas Instrument Expands Manufacturing in Southeast Asia
Texas Instruments is expanding two of its operational plants in Malaysia and another two in the Philippines
Released Wednesday, July 24, 2024
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Researched by Industrial Info Resources (Sugar Land, Texas)--Texas Instruments (NASDAQ:TXN) (TI) (Dallas, Texas) is expanding two of its operational plants in Malaysia. Both locations manufacture analog and embedded processing chips that are used widely in the electronics and electric vehicle (EV) markets.
TI expects to spend a total US$3 billion to expand its manufacturing capacity at facilities in Melaka and Kuala Lumpur. Both projects include new assembly and test factories, with a minimum cleanroom space of approximately 400,000 square feet. TI aims to complete both projects by 2025.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can learn more from detailed reports on the Melaka and Kuala Lumpur projects.
TI also is expanding its manufacturing facilities in the Philippine cities of Mabalacat and Baguio, with a total investment of about US$1 billion. Both are expected to kick off in the second half of 2025. Subscribers can read detailed reports on the Mabalacat and Baguio projects.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
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