Umno sec-gen says KKB poll shows Malays now basing vote on performance and stability, but party will still push Bumi agenda
This initiative follows its pledge last year to build the world’s largest chip centre using US$240 billion of private investment, primarily from Samsung Electronics, the world’s largest memory chip maker, as it seeks an edge in the global industry. The US$7.2-billion package could be created through “a new fund financed by private and public financial institutions”, Choi told executives of domestic chip makers at a meeting on Friday according to the statement, with further details to be announced.It comes as Asia’s fourth-largest economy aims to invest heavily in six key technologies, including chips, displays and batteries, all areas where the country’s tech giants are well-established already.