US-based Enovix to invest RM5.8b in battery production facility in Malaysia

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KUALA LUMPUR, Aug 8 — United States-based Enovix Corporation, which today inaugurated its first high-volume battery manu...

Meanwhile, Enovix chief operating officer Datuk Ajay Marathe said Fab2 showcases the company’s advanced manufacturing process of cutting-edge batteries that it believes will usher in a new era of products for leading customers.“We have been able to draw upon Malaysia’s deep pool of technical talent and are appreciative of the country’s business-friendly climate and close proximity to our customers and vendors,” he said.

We’re looking forward to working closely with Enovix to achieve its goals and make a difference in the industry,” he added.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaSudanUnited States

Topics: Enovix Corporation Malaysia investments Factory

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-08 @ 16:58:01 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: malaymail.com

Language: English

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