MIDA-GreatASIC Value Chain Programme Strengthens Malaysia’s Semiconductor Ecosystem Through Strategic Industry Collaboration

KUALA LUMPUR, June 24 (Bernama) -- The Malaysian Investment Development Authority (MIDA) today hosted the MIDA-GreatAsic Value Chain Programme, bringing together key stakeholders from government, industry and ecosystem partners to witness the exchange of a strategic collaboration between homegrown local company, GreatAsic Technology Sdn. Bhd. and Xenith Technology Malaysia Sdn. Bhd., the Malaysian unit of China-based Xenith Technology.

The programme highlights the tangible outcomes that emerge when investments, talent development initiatives and ecosystem-building efforts converge to create meaningful opportunities for Malaysian companies and engineering talent. While centred on a single project, the collaboration reflects Malaysia’s broader aspirations to strengthen domestic capabilities, deepen industry linkages and move further up the semiconductor value chain — consistent with the objectives of the New Industrial Master Plan (NIMP) 2030 and the National Semiconductor Strategy (NSS).