Malaysian Pacific Industries to acquire manufacturing site in Bangkok/Nonthaburi from Infineon.

Malaysian Pacific Industries, a holding company engaged in providing outsourced semiconductor packaging and testing services, agreed to acquire the manufacturing site in Bangkok/Nonthaburi from Infineon Technologies, a German semiconductor manufacturer. Financial terms are not disclosed. "This acquisition underscores MPI's firm commitment to strengthening its long-term partnership with Infineon. We will continue working closely to identify synergies, develop solutions, and explore future win-win opportunities. The move is expected to deliver long-term value for MPI, Infineon, and all stakeholders involved. This is another milestone in our partnership with Infineon, and long may it continue," Manuel Zarauza Brandulas, MPI Group Managing Director.