Samsung Group Malaysia will invest another US$ 1.3 bllion in the next few months as part of its expansion plans in the country.
Since setting up base in Malaysia in 1989, the Samsung group has invested more than $1.8 billion with three plants in Seremban and one in Port Klang. The Seremban plants are under Samsung SDI (M) Sdn Bhd, Samsung Corning (M) Sdn Bhd and Samsung Electronics Display (M) Sdn Bhd. Samsung Electronics (M) Sdn Bhd is located in Port Klang.
The group has decided to increase investments in Malaysia as the country is strategically located for the Asian and Indian markets. Malaysia is Samsung's second-largest overseas investment after China.
to Daily News