: Malaysia should develop its integrated circuit design industry given the importance of design in sustaining growth in technology, according to Taiwan-based Phison Electronics Corp chief executive officer Datuk Pua Khein-Seng.
“The startups can become profitable or undertake an initial public offering, thus showing some sustainable model story. Then it would attract a lot of student talent from overseas back to the country to help build a seat of technology,” he told Bernama in an interview here. “At Phison, what we are doing is a design not manufacturing; and to be honest, design can create more value, but in design, you cannot see any return within three years,” he said, adding that the profit can however be attractive.