Malaysia aims to attract more than $100 billion in investments in the semiconductor industry.

Reported 4 months ago

Malaysia aims to attract over $100 billion in investments for its semiconductor industry, with plans to focus on integrated circuit design, advanced packaging, and manufacturing equipment for semiconductor chips. The country seeks to establish at least 10 local companies in this sector, with revenues ranging from $210 million to $1 billion. Malaysia will allocate $5.3 billion in fiscal support towards these goals and is looking to position itself as a global manufacturing hub, building on its existing presence in the semiconductor industry and attracting investments from leading firms like Intel and Infineon.

Source: YAHOO

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