Industry players remain optimistic

Vietnam's new orders in the manufacturing sector rise at one of fastest record rates, says S&P Global

“Beyond that, other catalysts such as the shift in supply chain strategy will be more specific for each local company, especially in regard to their efforts and success in securing new clients or new products,” the research house told StarBiz. “With AI applications and Nvidia Corp experiencing an all-time high in its successes, the challenges inevitably follow suit,” it said.

Mercury Securities added that any excess inventory faced by the chip industry is well digested by now, following a prolonged period of inventory correction. To this end, SEMI chief executive officer and president Ajit Manocha said Malaysia has “tremendous momentum” in advancing its standing in the global semiconductor value chain, and the NSS will contribute to the nation’s progress on front-end chip manufacturing.

Ajit noted that the government continues to play an important role in increasing the public’s awareness on the importance of the industry, so that the younger generation will continue to be inspired to participate in the Science, Technology, Engineering and Mathematics stream.

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