Malaysia Can Produce Globally Competitive, Commercially Lucrative Products In Semiconductor Industry - REFSA

KUALA LUMPUR, Aug 23 (Bernama) -- Malaysian engineers can produce products and engineering solutions that are “globally competitive and commercially lucrative” in the semiconductor industry, according to Research for Social Advancement (REFSA). 

The not-for-profit think tank said that could be achieved in “the right environment under the guidance of dynamic and innovative leadership.”

“Malaysia has built considerable assets to enhance the ecosystem through various facilities, services and research and development (R&D) available to industry from the likes of Malaysian Institute of Microelectronic Systems (MIMOS), Collaborative Research in Engineering, Science and Technology (CREST) and Standard and Industrial Research Institute of Malaysia (SIRIM).

“However, to remain competitive, continuous improvement in the quality of our workforce is necessary,” it said in a statement.

REFSA executive director Tan E Hun said the National Industrial Master Plan (NIMP) 2030 serves an important function in setting out the specific activities in the value chain that Malaysia want to attract.

She said the mission approach embedded in the NIMP 2030 provides “a model to break down silos and use a whole-of-government approach, critical elements for success, especially in the context of the GEAR-uP programme announced by Prime Minister Datuk Seri Anwar Ibrahim.”

On Aug 20 and 21, 2024, REFSA, with the support of Invest Selangor and Selangor Information Technology & Digital Economy Corporation (SIDEC), hosted a semiconductor study tour focusing on factories and industry players in Selangor and Negeri Sembilan. Over the two days, participants met with more than eight industry players and ecosystem enablers cutting across the semiconductor value chain, from IC design, wafer fabrication, test, assembly and packaging, to precision engineering.

-- BERNAMA