Malaysian Wafer Fabs Get US Ex-Im Bank Loan Boost

By Julian Matthews

The Export-Import Bank of the United States (Ex-Im Bank) has approved loans worth $760 million to support two fledgling Malaysian wafer fabrication projects.

A spokesperson for the bank said its board of directors approved on Wednesday a $673.8 million long-term direct loan to wafer fabrication plant Silterra Malaysia Sdn Bhd.

This is the second loan extended to a Malaysian wafer fab start-up in three weeks. On May 4, the board had approved a $86.5 million guaranteed syndicated loan to 1st Silicon (M) Sdn Bhd, another wafer fab being constructed in Malaysia’s eastern state of Sarawak.

The loans lend credibility to Malaysia’s long-held ambitions to get into wafer fabrication services or the “front-end” of the semiconductor industry.
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Malaysian fabs tipped for U.S. bank loans

By Julian Matthews

KUALA LUMPUR–Two wafer fabrication projects in Malaysia are being considered to receive financing from the Export-Import Bank of the United States (Ex-Im Bank), the official export credit agency of the U.S. government.

The managements of startup fabs 1st Silicon (M) Sdn Bhd and Silterra (M) Sdn Bhd have confirmed that a bank representative made site visits to evaluate the two projects this month.

1st Silicon chief executive Claudio G. Loddo cited “significant progress” from the recent meeting. “The bank has been in contact with us since early this year and is evaluating and considering significant opportunities in Malaysia,” he said.
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