Malaysia’s leader on April 22 announced that he plans to build a massive semiconductor design park. He had an aim to boost the South East Asian nation’s role in the global chip industry. Malaysia accounts an estimate of total 13% of global- back- end- manufacturing.
The park will be located in Selangor state, without offerings any details of cost and time. Anwar Ibrahim, Prime Minister of Malaysia said. Now it wants to go beyond and emerge as a chip design powerhouse too. According to the Prime Minister, ‘’I am pleased to announce the largest IC (integrated circuit) Design Park in South East Asia, that will house world class anchor tenants and collaborate with global companies such as arm.’’
The project would mark a significant step for Malaysia, which has been a long chief manufacturing hub, with its northern island of Penang home to a number of facilities and is often dubbed the country’s Silicon Valley. The Malaysian government is actively pursuing investment in its semiconductor industry, and Anwar has said that the country should have done better with past opportunities to grow the sector.
‘’The fact that we have experienced missed opportunities in technology investments, making it impressive for us to re- strategize” – he said on Monday.
