Malaysia is paving its way to becoming a global semiconductor powerhouse under Prime Minister Anwar Ibrahim’s ambitious plans. With a goal to train 60,000 engineers and attract investments worth 500 billion ringgit, Malaysia is positioning itself to lead in the tech industry.
As the demand for semiconductors rises with digital technology expansion, countries like Malaysia are taking the lead in designing and producing these essential chips. The government is not only boosting its workforce but also investing 25 billion ringgit in local businesses to excel in chip design and manufacturing.
The Selangor Hub’s Malaysia Semiconductor Accelerator and IC Design Park are set to become Southeast Asia’s largest hub for integrated circuit design by 2024, with partnerships already established with global giants like ARM Ltd. and Infineon Technologies.
Malaysia’s Tech Renaissance
Top-tier venture capital firms and tech startups are being drawn to Malaysia through initiatives like the “Golden Pass” program, setting the stage for increased investment and establishing Malaysia as a creative leader in the tech industry.
With major investments from Intel and Infineon in the region, Malaysia is poised to showcase its commitment to innovation and economic resilience on the global tech stage, solidifying its role in the tech-driven future.
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