Polymatech To Set Up Semicon Unit In Bahrain

Chennai: Semi-conductor chip manufacturer Polymatech Electronics will invest $16 million in Bahrain to establish a semiconductor manufacturing facility in the gulf country, the company said. The facility to be set up as ‘Atri’ in Bahrain Industrial Area - Hidd - would play a critical role in producing essential 5G and 6G components and marks PolymatechElectronic’s first step in expanding its global footprint.

Minister of Sustainable Development, Chief Executive of Bahrain Noor bint Ali Alkhulaif said: “We, at Bahrain EDB are pleased to welcome Polymatech alongside several leading multi-sector companies to business-friendly Bahrain. Bahrain continues to maintain momentum in delivering on its vision of developing a digital-first, intelligent economy.”