Malaysia Targets RM8.5 Billion in Semiconductor Investment by 2030

Malaysia is setting its sights on becoming a major hub for high-value semiconductor development, with the NCER Technology and Innovation Center (NTIC) spearheading the effort. The NTIC aims to attract RM8.5 billion in new semiconductor investments by the year 2030, signaling a significant push to bolster the industry in the northern region.

Economy Minister Akmal Nasrullah Mohd. Nasir highlighted that this ambitious target will be pursued through the development of advanced packaging technology. This involves establishing the Advanced Packaging Institute and Research Centre (APIRC), which is considered a strategic move to elevate Malaysia's capabilities in this specialized sector.

The establishment of APIRC is intended to ensure that Malaysia moves beyond its current role and captures a more significant share of the high-value semiconductor market. This initiative is part of a broader strategy to strengthen the country's position in the global technology supply chain and foster industrial growth.

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APIRC merupakan langkah strategik bagi memastikan Malaysia tidak terus…