Malaysia has announced the National Semiconductor Strategy (NSS), allocating a budget of 25 billion ringgit, approximately 200 billion baht, from the government’s side, with a goal to attract investments of 500 billion ringgit, or roughly 4 trillion baht.
The plan includes various objectives such as training 60,000 semiconductor engineers, promoting domestic direct investments (DDI) in chip design and packaging companies with lower capital requirements, attracting foreign direct investments (FDI) into chip fabrication (FAB) factories, establishing local companies in the chip industry with revenues ranging from 1 to 4.7 billion ringgit, and creating related chip industry companies with revenues of at least 1 billion ringgit for a minimum of 100 companies.
This plan is divided into 3 phases: 1) utilizing the existing semiconductor industry potential in Malaysia that outsources production, 2) attracting new industries using high-end technology, and 3) supporting local companies to venture into global-level technology.
In the past, Malaysia has been a significant investment hub for the semiconductor industry, often congregating around the Penang island area.
Source: New Straits Times
TLDR: Malaysia unveils the National Semiconductor Strategy to boost the semiconductor industry by attracting investments and fostering local chip-related businesses while leveraging existing industry potential and supporting technological advancements.
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