Malaysia reviews semiconductor industry progress and local firm targets
What happened
Malaysian officials reviewed the semiconductor industry's status and the strength of local firms. The Investment, Trade and Industry Ministry reported that 21,391 people had been trained for high-skilled semiconductor jobs as of June, which is less than the 2030 target of 60,000. The ministry noted that Malaysia's current position is focused on traditional back-end activities, such as chip testing and packaging, which have low value-add and depend on multinational intellectual property.
From thestar.com.my
Why it matters
Officials stressed that being a major production location does not guarantee long-term self-reliance in the sector. The government is working to strengthen local companies' ability to master technology and develop their own intellectual property, with 13 local companies identified under a '10+100' target.
From thestar.com.my
Who's involved
- MalaysiaThe geopolitical state where the semiconductor industry operates.
- Anwar IbrahimThe Prime Minister of Malaysia, involved in the policy discussion.
- Ahmad Samsuri MokhtarA high-profile official involved in the discussion regarding the industry.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
The Malaysia External Trade Development Corporation could see an expanded mandate to match local intellectual property owners with industry and investors.
- Bursa MalaysiaSpeculative
Bursa Malaysia may see a new class of high-growth domestic firms requiring capital market access.
Keep exploring
The entities involved
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Malaysia
country in Southeast Asia
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Ahmad Samsuri Mokhtar
Malaysian politician
Nothing else this week.
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Anwar Ibrahim
Prime Minister of Malaysia since 2022