KUALA LUMPUR, June 26 — The initiative to elevate production up the value chain will position Malaysia at the forefront of the semiconductor industry, said Investment, Trade and Industry Minister Datuk Seri Tengku Zafrul Abdul Aziz.
He said this move presents an opportunity for Malaysia to play a pivotal role in the global supply chain, especially amid trade tensions between the United States and China as companies reconfigure their supply chains.
“The semiconductor industry significantly influences the global supply chain. We have observed the realignment and redefinition of supply chains.
“As companies strive to become more competitive and secure their supply lines, the semiconductor industry is poised for continued growth,” he said at the Bursa Malaysia-Hong Leong Investment Bank Stratum Focus Series XVII “Semicon: Light at the end of the tunnel?” event today.
— Bernama
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