Govt Has Secured More Than RM63 Bln Investments Through NSS As Of March 2025

PETALING JAYA, July 24 (Bernama) -- The government has secured more than RM63 billion of investments under the National Semiconductor Strategy (NSS) as of March this year, with RM5 billion from domestic sources and RM58 billion from foreign sources, said Prime Minister Datuk Seri Anwar Ibrahim.

He said among the notable projects included Carsem’s advanced packaging for energy efficiency, electric vehicle (EV), connectivity and artificial intelligence (AI); NXP’s semiconductor products, Infineon’s world’s largest 200mm silicon carbide (SiC) power fab; Syntiant’s MEMS microphone and sensors; and Plexus’s manufacture and re-manufacture of printed circuit Boards.

On growing 10 semiconductor companies with revenue more than US$1 billion; and 100 with revenue more than RM1 billion, he said Malaysia now has at least 13 homegrown companies across the semiconductor value chain, emerging as potential national champions.

"Nine of them, including Carsem, Inari, Pentamaster, ViTrox, and Kelington, are each expected to generate over RM500 million in revenue this year. The other four are IC (integrated circuit) design and development firms with strong momentum, such as OppStar, SkyeChip, Infinecs, and Experior, each recording annual revenue growth above 25 percent. 

"Fifty years from now, we want Malaysia to be able to look back at this moment as the tipping point when the country began grooming its very own Fortune 500 tech companies," he said in his keynote address at the ASEAN Semiconductor Summit (ASEMIS) 2025 here, today.

-- BERNAMA