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Western Digital to increase Malaysia investments by US$555 million: PM

Western Digital to increase Malaysia investments by US$555 million: PM

A Western Digital office building is shown in Irvine, California, U.S., January 24, 2017. REUTERS/Mike Blake/File Photo

KUALA LUMPUR: Western Digital has decided to increase investments in Malaysia by 2.3 billion ringgit (US$554.6 million) to upgrade the hard disc drive manufacturer's production capacity, Prime Minister Muhyiddin Yassin said on Thursday.

The additional investment will create more than 2,000 new jobs, he said in a statement.

(Reporting by A. Ananthalakshmi and Joseph Sipalan; Editing by David Goodman)

Source: Reuters

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