Close Menu
    Facebook LinkedIn YouTube Instagram X (Twitter)
    Blue Tech Wave Media
    Facebook LinkedIn YouTube Instagram X (Twitter)
    • Home
    • Leadership Alliance
    • Exclusives
    • Internet Governance
      • Regulation
      • Governance Bodies
      • Emerging Tech
    • IT Infrastructure
      • Networking
      • Cloud
      • Data Centres
    • Company Stories
      • Profiles
      • Startups
      • Tech Titans
      • Partner Content
    • Others
      • Fintech
        • Blockchain
        • Payments
        • Regulation
      • Tech Trends
        • AI
        • AR/VR
        • IoT
      • Video / Podcast
    Blue Tech Wave Media
    Home » Malaysia seeks $107B to lead in semiconductors
    semiconductor
    semiconductor
    AI

    Malaysia seeks $107B to lead in semiconductors

    By Miurio HuangMay 29, 2024Updated:May 30, 2024No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email
    • In order to boost local industry and attracting global tech companies or investors, Malaysia Aims for $107 Billion Investment in Semiconductor Industry.
    • Anwar outlines Malaysia’s ambition to establish 10 local companies in semiconductor chip design and advanced packaging, aiming for substantial revenues.
    • Malaysia’s appeal to international chip firms is evident through partnerships with Chinese and Western companies, including Xfusion and NationGate, as well as expansions by StarFive, TongFu Microelectronics, Infineon, and Intel.

    Malaysia targets 107 billion dollars investment for semiconductor industry, positioning itself as a global manufacturing hub.

    Ambitious investment goals and measures

    In order to boost local industry and attracting global tech companies or investors, Malaysia aims for 107 Billion dollars Investment in Semiconductor Industry. Prime Minister Anwar Ibrahim announces the country’s objective to secure at least 500 billion ringgit in investment for its semiconductor sector. With a strong presence in global testing and packaging, Malaysia is seeking to expand its capabilities in integrated circuit design, advanced packaging, and semiconductor manufacturing equipment.

    Authorities is streamlining regulatory processes, reducing bureaucratic hurdles, and enhancing transparency and prioritising infrastructure development, including the construction of the proposed integrated circuit design park and other facilities to support advanced semiconductor manufacturing.

    Malaysia is also investing in education and training programs focused on semiconductor design, manufacturing, and related fields, which will ensure a steady pipeline of talent to support the industry’s growth.

    Also read: China launches $47.5B fund to boost semiconductor industry

    Local industry development and future plans

    Anwar outlines Malaysia’s ambition to establish 10 local companies in semiconductor chip design and advanced packaging, aiming for substantial revenues. The government plans to allocate $5.3 billion in fiscal support to bolster these efforts, demonstrating its commitment to nurturing a robust domestic industry and attracting foreign investment.

    To attract global tech companies and investors, Malaysia proposes the creation of Southeast Asia’s largest integrated circuit design park, offering incentives such as tax breaks, subsidies, and visa exemption fees. This strategic move aims to transition the country towards high-value, front-end design work, beyond traditional backend chip assembly and testing.

    Also read: Tesla starts producing next generation semiconductors

    Global partnerships and expansion

    Malaysia’s appeal to international chip firms is evident through partnerships with Chinese and Western companies, including Xfusion and NationGate, as well as expansions by StarFive, TongFu Microelectronics, Infineon, and Intel. These collaborations signal Malaysia’s growing importance as a destination for semiconductor manufacturing and innovation.

    With these ambitious plans and strategic partnerships, Malaysia is poised to elevate its status as a key player in the global semiconductor industry, capitalising on the shifting dynamics of the market and advancing its position as a premier manufacturing hub.

    Semiconductor Technology Trends
    Miurio Huang

    Miurio Huang is an intern news reporter at Blue Tech Wave media specialised in AI. She graduated from Jiangxi Science and Technology Normal University. Send tips to m.huang@btw.media.

    Related Posts

    AWS leans into agentic AI and US buildout

    September 5, 2025

    Cilix Software strengthens Mozambique’s cloud and IT backbone

    September 5, 2025

    Interview with Franziska Böhler: Navigating the EU AI Act in EdTech

    September 4, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    CATEGORIES
    Archives
    • September 2025
    • August 2025
    • July 2025
    • June 2025
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • August 2023
    • July 2023

    Blue Tech Wave (BTW.Media) is a future-facing tech media brand delivering sharp insights, trendspotting, and bold storytelling across digital, social, and video. We translate complexity into clarity—so you’re always ahead of the curve.

    BTW
    • About BTW
    • Contact Us
    • Join Our Team
    TERMS
    • Privacy Policy
    • Cookie Policy
    • Terms of Use
    Facebook X (Twitter) Instagram YouTube LinkedIn

    Type above and press Enter to search. Press Esc to cancel.