Malaysia is now betting big to become ASEAN’s semiconductor powerhouse!
The plan is set to make a name for itself in the global semiconductor arena with an investment of $250 million over a decade through a strategic partnership with Arm Holdings Plc.
This is not just an investment, this is a strategy to dominate the future!
This investment is made with the intention of producing the first locally-made chips and opening up access to Arm’s intellectual property (IP) network, giving local companies a huge advantage in chip design and AI.
Prime Minister Anwar Ibrahim launched the initiative on Wednesday, marking another historic step as Malaysia moves from simply testing and packaging chips to creating its own locally-made chips.
The target?
10 chip companies, $20 billion a year. Malaysia is not kidding!
In the global technology race, Malaysia is no longer just an observer – but a serious competitor!