Tata Electronics' strategic push into Malaysia through potential mergers and acquisitions... by acquiring a semiconductor fabrication (chip fab / wafer fab) or outsourced semiconductor assembly and test (OSAT) facility. Among the local players under consideration are X-Fab, SilTerra Malaysia (DNex), and Globetronics Technology (a Penang-based OSAT and sensor specialist).
Globetronics and SilTerra as particularly attractive acquisition targets.. - NST Wed, yesterday
Also see above
FYI