financetom
Business
financetom
/
Business
/
MKS Instruments Breaks Ground on New Semiconductor Factory in Malaysia
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
MKS Instruments Breaks Ground on New Semiconductor Factory in Malaysia
Oct 24, 2024 10:28 PM

10:36 AM EDT, 10/24/2024 (MT Newswires) -- MKS Instruments ( MKSI ) said Thursday it has started construction on a new super center factory in Penang, Malaysia, to meet increasing semiconductor equipment demands.

The 500,000-square-foot facility will be built on a 17-acre site and is expected to employ around 1,000 people, MKS Instruments ( MKSI ). The project will be developed in phases, with the first phase set to complete by H1 2026.

Price: 99.02, Change: +0.42, Percent Change: +0.43

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
MSCI Insider Bought Shares Worth $3,445,575, According to a Recent SEC Filing
MSCI Insider Bought Shares Worth $3,445,575, According to a Recent SEC Filing
Apr 26, 2024
09:54 AM EDT, 04/26/2024 (MT Newswires) -- C.D. Baer Pettit, Director, President & COO, on April 25, 2024, executed a purchase for 7,500 shares in MSCI ( MSCI ) for $3,445,575. Following the Form 4 filing with the SEC, Pettit has control over a total of 291,038 shares of the company, with 291,038 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1408198/000140819824000080/xslF345X03/wk-form4_1714137545.xml Price:...
Renault talks to China's Li Auto and Xiaomi on tech collaboration
Renault talks to China's Li Auto and Xiaomi on tech collaboration
Apr 26, 2024
PARIS, April 26 (Reuters) - Renault held talks this week with China's Li Auto ( LI ) and Xiaomi ( XIACF ) on electric and intelligent vehicle technologies, the French carmaker said on Friday, opening the door to potential collaboration on technology with the two companies. KEY QUOTE Our CEO Luca de Meo engaged in pivotal conversations with industry leaders,...
Market Chatter: Airbus CFO Says Increase in A350 Production Due to Demand, Not Boeing Problems
Market Chatter: Airbus CFO Says Increase in A350 Production Due to Demand, Not Boeing Problems
Apr 26, 2024
09:56 AM EDT, 04/26/2024 (MT Newswires) -- Boeing ( BA ) rival Airbus is increasing production of its A350 plane due to demand and not because of troubles at Boeing ( BA ), CNBC reported, citing an interview with Airbus Chief Financial Officer Thomas Toepfer. I would say it's clearly a reflection of the very strong commercial momentum that we...
Robinhood Markets Insider Sold Shares Worth $2,714,835, According to a Recent SEC Filing
Robinhood Markets Insider Sold Shares Worth $2,714,835, According to a Recent SEC Filing
Apr 26, 2024
09:52 AM EDT, 04/26/2024 (MT Newswires) -- Baiju Bhatt, Director, on April 23, 2024, sold 154,160 shares in Robinhood Markets ( HOOD ) for $2,714,835. Following the Form 4 filing with the SEC, Bhatt has control over a total of 36,045 shares of the company, with 36,045 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1783879/000178387924000120/xslF345X03/wk-form4_1714085188.xml Price: 17.33, Change: +0.21, Percent Change: +1.23...
Copyright 2023-2026 - www.financetom.com All Rights Reserved