Govt targets front-end R&D to drive semiconductor industry growth — Miti
21 Nov 2024
The government is focusing on key aspects of the semiconductor value chain, particularly front-end research and development (R&D) such as integrated circuit design and wafer fabrication, to boost the industry’s growth.
The Ministry of Investment, Trade and Industry (Miti) said these initiatives are part of a wider strategy to strengthen Malaysia’s semiconductor sector, with a primary goal of enhancing domestic chip development and production.
“Various programmes are planned to achieve this, including efforts to modernise existing outsourced semiconductor assembly and test (OSAT) companies, which are a critical component of the semiconductor value chain.”
“The government is confident that Malaysia’s semiconductor industry has the potential to expand its value chain into the front-end segment, creating highly skilled job opportunities and driving stronger growth for the national economy,” Miti said.
The ministry provided this response in a written answer published on the Parliament website on Thursday.
The statement was made in response to a question from Datuk Ahmad Amzad Mohamed @ Hashim (PN-Kuala Terengganu) regarding the government’s focus on establishing Malaysia as a semiconductor industry hub.
Source: Bernama