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2026-08-12 21:13
- NXP Semiconductors (NXPI) broke ground on a new assembly and test (A&T) factory in Petaling Jaya, Malaysia, expanding its existing site and strengthening its global manufacturing capacity.
- The new facility will add approximately 500,000 square feet of production space, bringing the total site to around 900,000 square feet once completed. The factory is expected to begin ramping production in the first quarter of 2028, with total site output projected to more than double when fully operational.
- The added capacity is intended to improve supply chain resilience and flexibility and support future growth across NXP’s manufacturing network, including expected output from its VSMC joint venture in Singapore and ESMC joint venture in Dresden, Germany.
- NXPI shares were up 2.8% premarket to $243.
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