Malaysia’s second finance minister, Amir Hamzah Azizan, expressed confidence in the country’s semiconductor manufacturing industry, stating that Malaysia is well-positioned to benefit from the current upcycle in the sector. He emphasized that Malaysia does not view China as a competitor in this industry, as there is enough growth to go around for everyone.
Amir Hamzah also highlighted the importance of strong and robust supply chains, especially in light of recent geopolitical tensions that have highlighted the need for diversification. Malaysia aims to provide a vibrant supply chain connectivity to capitalize on these developments.
The country is seeing benefits from U.S.-China trade tensions, which have led to companies diversifying their semiconductor operations. Malaysia is focusing on moving up the value chain in chip production and attracting investments to strengthen its semiconductor ecosystem.
While the U.S. is investing heavily in chips, Malaysia offers a different value proposition by extending its value chain to attract new businesses and enhance its position in the industry. Amir Hamzah emphasized the importance of economies of scale in Malaysia’s approach to semiconductor manufacturing.
Malaysia is positioning itself as a key player in higher-end semiconductor manufacturing, benefiting from the current upcycle in the industry. The country’s second finance minister, Amir Hamzah Azizan, stated that Malaysia is not concerned about competition from China or the U.S., as there is enough growth to go around. Malaysia is focusing on shifting to higher-value activities in the semiconductor supply chain and attracting investments to boost its semiconductor ecosystem. Despite the U.S. investing in chips, Malaysia offers a different value proposition and is focused on extending its value chain to strengthen its position in the industry. The country aims to provide a robust supply chain connectivity to capitalize on the current geopolitical tensions and drive economic growth.
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