Skip to content

Malaysia targets over US$100 billion in semiconductor industry investment · EMSNow

Malaysia targets over US$100 billion in semiconductor industry investment · EMSNow
KUALA LUMPUR: Malaysia is targeting at least 500 billion ringgit (US$107 billion) in investment for its semiconductor industry, Prime Minister Anwar Ibrahim

Table of Contents

Malaysia is aiming to attract over US$100 billion in investment for its semiconductor industry, according to Prime Minister Anwar Ibrahim. The country, which currently accounts for 13% of global testing and packaging, is looking to boost its position in the global supply chain. Anwar stated that the investment would be for integrated circuit design, advanced packaging, and manufacturing equipment for semiconductor chips. Additionally, Malaysia hopes to establish at least 10 local companies in design and advanced packaging for semiconductor chips, with revenues ranging from US$210 million to US$1 billion. The country plans to allocate US$5.3 billion in fiscal support to meet these targets. Anwar did not specify a timeline for the targets to be met.

Source

Latest