Robert Bosch, a German technology group, has announced on Tuesday the opening of a new test centre for chips and sensors in Malaysia for 65-million-euro ($71.62 million) and plans to invest a further 285 million euros by the middle of next decade.
The new test centre in Penang is set to create around 400 jobs by the mid-2030s, however, it will provide Bosch with a strategic location for testing, benefiting from the funding provided by Malaysia.
The company chose to invest in Penang for its high level of semiconductor knowledge and skilled workforce, while the close proximity to business partners and customers here would shorten delivery times and distances for the chips.
Malaysia is an important hub in Bosch’s global semiconductor supply chain, accounting for around 13 per cent of the global back-end production, Bosch Malaysia managing director, Klaus Landhaeusser said.