Move up value chain will put Malaysia at forefront of semiconductor industry: Tengku Zafrul

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KUALA LUMPUR: The initiative to elevate production up the value chain will position Malaysia at the forefront of the semiconductor industry, said Mini...

Tengku Zafrul delivering his keynote address during the Bursa Malaysia-HLIB Stratum Focus Series on the theme: ‘Semiconductors: Light at The End of The Tunnel?’ at Bursa Malaysia today. – Bernamapic

“As companies strive to become more competitive and secure their supply lines, the semiconductor industry is poised for continued growth,“ he said at the Bursa Malaysia-Hong Leong Investment Bank Stratum Focus Series XVII on “Semicon: Light at the end of the tunnel?” today. The move, while promising for technological advancement, would necessitate significant government support and fiscal backing.

“Google's presence will not only create thousands of high-skilled jobs but also accelerate the digital transformation of our businesses and public sector, strengthening our tech leadership and supporting Malaysia's positioning as a tech hub in Southeast Asia,” he said at Google Cloud Malaysia Day.

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