Chip industry all set for robust recovery

In demand: A chip specialist at work in Canada. Data volume is expected to increase nearly three times in the next three years with the advent of AI and 5G. — Bloomberg

A turnaround is on the horizon for Malaysia’s semiconductor industry in 2024 after a less-than-exciting performance recorded from mid-2022 through 2023. Industry players and experts say they are looking forward to the recovery phase that should start by the first half of 2024.

Austrian printed circuit board manufacturer AT&S, which produces parts for US chipmaker AMD, is hopeful that data creation will continue to be the key driving force in accelerating the industry.