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Business : China-based Ferrotec's RM550 Mln Investment In Johor To Generate RM600 Mln Annual Exports
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AI Summary
Ferrotec, a China-based semiconductor company, has invested RM550 million in a new facility in Pasir Gudang, Johor, Malaysia. This investment, through subsidiary Ferrotec Power Semiconductor Malaysia Sdn Bhd, is expected to generate RM600 million in annual export value. The facility focuses on high-technology semiconductor production.
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