Global spotlight on Malaysia as it emerges as semiconductor powerhouse

TheStar Fri, Apr 12, 2024 07:40pm - 3 weeks View Original


KUALA LUMPUR: Malaysia’s vibrant semiconductor industry has been the talk of the town of late as the country emerges as a new semiconductor powerhouse with the global spotlight on Penang.

The World Economic Forum (WEF) stated on its LinkedIn page that Penang has major industry players from Europe and the United States setting up units or expanding existing operations as they seek to build new global supply chains for these vital components.

"Semiconductors are also known as microchips or integrated circuits, they are the fundamental building blocks of today's digital world,” it said in a video post today.

It noted that there are more than 100 billion semiconductors in daily use around the world, but the supply chain is increasingly vulnerable because semiconductor manufacturing is highly concentrated.

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