Malaysia intends to exponentially increase its presence in the global semiconductor market and the head of government will soon outline key projects to achieve this goal, said the country’s Minister of Investment, Trade and Industry, Tengku Zafrul Abdul Aziz.
Speaking to reporters after the launch of the SEMICON Southeast Asia 2024 exhibition today, he said these initiatives will strengthen Malaysia’s position in the semiconductor market, highlighting the importance of semiconductors and the role Malaysia can play in the value chain. global.
There are opportunities to make Malaysia a semiconductor powerhouse and a regional manufacturing hub, he said.
He shared that over the past 18 months, Malaysia has attracted the attention of some of the world’s largest and most advanced electronics companies, including industry giants such as Intel, GlobalFoundries, Infineon and Neways.
He noted that Malaysia is uniquely positioned to seize this historic opportunity due to its strong value proposition, which includes world-class manufacturing capabilities, innovative research and development centres, a highly skilled workforce, attractive incentives and cutting-edge technology. infrastructure.
Source: Rossa Primavera
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