Philips group of companies in Malaysia will invest some USD 200 million in the next four years to expand its semiconductor plant in Seremban, Southern Malaysia. Ruud Jona, chief executive officer (CEO) of Philips group, said the money would be used for expansion of production capacity and enhancement of technology. He also revealed that up to now, Philips had invested USD 173 million in the plant. The products manufactured at the plant are small signal transistors and diodes used in handphones and palm-sized personal computers. He said Philips would continue to carry out its expansion plans for the plant in Seremban as it was confident with the experience it had gathered over the years in the production and marketing of semi-conductor products.
