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PM, Auto News, ET Auto

PM, Auto News, ET Auto

by admin
April 23, 2024
in Technology
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<p>The project would mark a significant step for Malaysia, which has long been a chip manufacturing hub, with its northern island of Penang home to a number of facilities and is often dubbed the country's Silicon Valley.</p>
The challenge would mark a major step for Malaysia, which has lengthy been a chip manufacturing hub, with its northern island of Penang dwelling to plenty of amenities and is commonly dubbed the nation’s Silicon Valley.

Malaysia’s chief on Monday introduced plans to construct a large semiconductor design park, aiming to spice up the Southeast Asian nation’s position within the international chip business.

A distinguished participant within the semiconductor business for many years, Malaysia accounts an estimated 13% of worldwide back-end manufacturing, in keeping with German tech big Bosch.

Now it needs to transcend manufacturing and emerge as a chip design powerhouse too, Prime Minister Anwar Ibrahim stated Monday.

“I’m happy to announce the most important IC (built-in circuit) Design Park in Southeast Asia, that can home world-class anchor tenants and collaborate with international firms corresponding to Arm,” Anwar stated in a speech, referring to the British chip design big.

The park shall be situated in Selangor state, he stated, with out providing any particulars on prices and timelines.

AFP has reached out to Arm for remark.

The challenge would mark a major step for Malaysia, which has lengthy been a chip manufacturing hub, with its northern island of Penang dwelling to plenty of amenities and is commonly dubbed the nation’s Silicon Valley.

Tensions between Washington and Beijing over superior tech, particularly semiconductors, in recent times have pressured many corporations to look into relocating their manufacturing from China to different international locations together with Malaysia, Vietnam and India.

The Malaysian authorities is actively pursuing funding in its semiconductor business, and Anwar has stated the nation ought to have accomplished higher with previous alternatives to develop the sector.

“The very fact is that we now have skilled missed alternatives in know-how investments, making it crucial for us to re-strategise,” he stated Monday.

  • Printed On Apr 22, 2024 at 03:08 PM IST

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