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Malaysia well-positioned in semiconductor sector
Malaysia is well-placed to meet the increasing demands in the semiconductor market, according to engineering consultant company Siemens Malaysia Sdn Bhd.
The company's President and CEO Tindaro Danze said the country is also in a position to lead in building greater sustainability in this field such as wafer fabrication and integrated circuit (IC) design.
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According to him, the Asia Pacific semiconductor market is projected to enjoy double-digit growth in 2024, with demand is growing, and Malaysia is in a position to fill those orders.
Last year, Malaysia secured 13% of the global manufacturing testing market share and exported nearly 580 billion MYR (123.4 billion USD) in semiconductor products.
Danze said as Malaysia becomes entrenched as a global semiconductor hub, the integration of next-gen AI-enabled technologies is creating new opportunities for advancement in an industry already rife with innovation.
Human resources development in semiconductors should be considered a breakthrough in personnel training, Prime Minister Pham Minh Chinh said at a conference in Hanoi on April 24.
Vietnam has strong infrastructure and research and development incentives as well as a skilled workforce, making it an attractive for “eagles” worldwide in the electronics and semiconductor industry, according to Deputy Minister of Planning and Investment Tran Duy Dong.
BAC GIANG - The People's Committee of Bac Giang province organised a seminar on the situation and solutions for developing human resources in the semiconductor industry in the province at the provincial Convention Centre on April 16.
Vietnam has proved its significant and growing foothold in the semiconductor value chain across ASEAN in recent years, business strategy consulting and operations management firm Tractus wrote in its recent article.
Source: VNA
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