KUALA LUMPUR, July 5 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) will lead the participation of Malaysian semiconductor-related companies at SEMICON West 2024 from July 9-11 at the Moscone Center in San Francisco, California.
MATRADE chief executive officer Datuk Mohd Mustafa Abdul Aziz said that continuously participating in SEMICON West is a strategic move to position Malaysia as a major global player in the semiconductor value chain.
“It also allows local companies to engage with global partners, particularly in the North American market, as well as keep abreast of new industry trends and latest technological advancements”, he said in a statement today.
MATRADE also said it is undertaking strategic initiatives to strengthen Malaysian companies’ participation in the global electrical and electronics (E&E) supply chain and support their international expansion.
“With world semiconductor sales estimated to grow by 13.1 per cent by the end of 2024, having a presence at SEMICON West could not be more opportune,” it said.
MATRADE Los Angeles is coordinating the high-impact activities at the Malaysia Pavilion, including business-to-business (B2B) pre-arranged business matching and networking sessions with industry players during the three-day event.
A total of 10 Malaysian exhibitors, namely CG Global Profastex Manufacturing, Cortex Robotics, ECA Advanced Solutions, Engrich Solutions, Interface Solution, JKS Engineering (M), Mplex Technology, SCP Automation, TSG Automation, and Weng Seng Engineering Corporation, will showcase a broad range of electronics manufacturing capabilities.
“These include advanced products and technologies in automated testing equipment, automated optical inspection equipment, contract electronic manufacturing services, printed circuit board assemblies and box build assemblies, industrial systems, and equipment, as well as the fabrication of precision parts,” said MATRADE.
MATRADE said that from January to May 2024, Malaysia’s E&E exports sustained growth for the second consecutive month, valued at RM228.38 billion, with semiconductor exports at RM146.95 billion.
“In May 2024 alone, Malaysia’s semiconductor exports jumped 11 per cent month-on-month to RM31.86 billion, compared to RM28.71 billion in April 2024,” it added.
-- BERNAMA
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