theedgemalaysia
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September 2
- Malaysia Leading in ASEAN’s Semiconductor Chip Investment Race➀ Malaysia is leading in attracting investments in ASEAN's semiconductor chip sector due to its established supply chain, talent pool, land, energy, and affordable business costs. ➁ Approved investments in Malaysia's electrical and electronics (E&E) sector nearly tripled in 2023 and soared nearly 20-fold in 1Q2024. ➂ ASEAN is the world's largest semiconductor exporter, with Singapore and Malaysia being regional leaders. ➃ Malaysia's strength is in downstream assembly, testing, and packaging (ATP), holding the largest ATP capacity in ASEAN. ➄ The region benefits from global chipmakers diversifying their supply chains beyond North Asia, driven by U.S. tech sanctions on China and tensions between China and Taiwan. ➅ Malaysia's National Semiconductor Strategy aims to attract RM500 billion in domestic and foreign direct investments and develop a global R&D hub for semiconductors.