MKS Instruments Breaks Ground on New 500,000 Sq. Ft. Semiconductor Super Center in Malaysia, 1,000 Jobs Expected
Portfolio Pulse from Benzinga Newsdesk
MKS Instruments, Inc. (NASDAQ:MKSI) has begun construction on a new 500,000 sq. ft. semiconductor super center in Penang, Malaysia. The facility aims to support global semiconductor equipment needs and will create approximately 1,000 jobs. The first phase is expected to be completed by the first half of 2026.
October 24, 2024 | 8:01 am
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MKS Instruments is expanding its semiconductor equipment capabilities with a new super center in Malaysia, expected to create 1,000 jobs and support global demand.
The groundbreaking of a new semiconductor super center in Malaysia indicates MKS Instruments' commitment to expanding its production capabilities to meet global demand. This strategic move is likely to enhance the company's revenue potential and market position in the semiconductor industry, positively impacting its stock price in the short term.
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