Malaysia set to become preferred location for semiconductor industry

Kenanga Research believes that the semiconductor industry will stay resilient with the global sales continuing to show healthy momentum.

KUALA LUMPUR: Malaysia is poised to become the preferred location for international companies looking to expand their semiconductor businesses, especially in the wafer fabrication (fab) industry.

IGSS Ventures founder and group chief executive officer Raj Kumar said the country has a "multinational companies appeal” that is attractive to international businesses looking to carve a foothold here.