Polymatech Electronics will invest $100 million in a semiconductor facility in Bahrain by 2026.

Polymatech Electronics plans to invest $100 million in a semiconductor manufacturing facility in Bahrain, enhancing the country's electronics sector. The project will proceed in two phases: the first, with a $16.5 million investment, will begin operations in January 2025, while the second phase, costing $83.5 million, aims to start by October 2026. This facility will establish Bahrain as a hub for Polymatech's operations in the Middle East and North Africa.

November 05, 2024
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