Malaysia aims to attract RM500bil of investment in integrated circuit (IC) design, advanced packaging and manufacturing equipment for semiconductor chips, says Prime Minister Datuk Seri Anwar Ibrahim.
Anwar said in his keynote address when launching the Semicon South-East Asia 2024 at the Malaysia International Trade and Exhibition Centre, Kuala Lumpur on Tuesday (May 28).
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Anwar said in his keynote address when launching the Semicon South-East Asia 2024 at the Malaysia International Trade and Exhibition Centre, Kuala Lumpur on Tuesday (May 28).
Read more at https://shorturl.at/3kCVX
WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline
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NewsTranscript
00:00To see flexible and agile, the NSS will be a living document, evolving as needed, but
00:13we remain steadfast in our aspiration to make Malaysia a major global player in accessible
00:21technology for all, powered by our semiconductor industry.
00:27Firstly, on investments, we'll quote at least RM500 billion of investments in Phase 1, with
00:35domestic direct investment, focusing on IC design, advanced packaging and manufacturing
00:43equipment, and FDI, focusing on waterfabs and manufacturing equipment.
00:51By Phase 2, we want to establish at least 10 Malaysian companies in design and advanced
00:57packaging, with revenues between RM1 billion to RM4.7 billion, or RM210 billion to RM1
01:05billion, and at least 100 semiconductor-related companies with revenues close to RM1 billion
01:14to RM1 billion, creating higher wages for Malaysian workers.
01:22Now, R&D Hub developed Malaysia as a global R&D hub for semiconductors, featuring world-class
01:32universities, corporate R&D, and centres of excellence, blending the very best of Malaysian
01:38and international talent.
01:40Reaffirming Malaysia's commitment to becoming a global leader in the semiconductor industry,
01:46the National Semiconductor Strategic Task Force, with CREST serving as the Secretariat,
01:52focuses on fostering innovation, enhancing research and development capabilities, and
01:58driving the commercialisation of the semiconductor technologies.
02:04Ultimately, the NSS is a means for Malaysia to advance and democratise technology for
02:13the good of all humanity.
02:16To achieve this, we need your support, both from those here today and others beyond this
02:21room.
02:34Thank you.