Semiconductor industry offers chance for growth

Deputy Investment, Trade and Industry Minister Liew Chin Tong.

BATU KAWAN: The semiconductor industry presents Malaysia with a “once-in-a-generation” opportunity for exponential economic growth and industry players are advised to capitalise on this billion-dollar sector.

Deputy Investment, Trade and Industry Minister Liew Chin Tong said the government is paying close attention to the semiconductor industry, heralding it as the modern equivalent of oil, with a global value estimated at US$580bil this year, projected to reach US$1 trillion by 2030.