: Malaysia's semiconductor industry is set to experience a further boom under the National Semiconductor Strategy , with the nation set to woo at least RM500 billion of investments in the first phase of the plan, announced Prime Minister Datuk Seri Anwar Ibrahim today.
“Today, six weeks later, I am pleased to share with you the salient features of Malaysia’s NSS,” he said in his speech at SEMICON Southeast Asia 2024 today. “In this phase, we will leverage our industry’s existing capacity and capabilities to support the modernisation of outsourced semiconductor assembly and test with moves towards advanced packaging; grow existing fabs in Malaysia and pursue FDI on expanding capacity in trailing edge chips, particularly power chips; as well as develop local chip design champions,” he said.
“Phase two is all about moving to the frontier. We will pursue cutting-edge logic and memory chip design, fabrication and testing, and look to integrate the purchasers of these chips. To achieve the goals, Anwar said the nation will develop a global research and development hub for semiconductors, featuring world-class universities, corporates and centres of excellence.