Build upon the grand plan

The RM25bil earmarked to boost the local semiconductor industry is a potential game-changer. It is hoped that this is actual money to be spent and not a calculation of tax receipts that will be forgone in the form of tax incentives. — Photo: Image by Vectonauta on Freepik

THE National Semiconductor Strategy (NSS) was launched with much pomp and splendour. Now the real work begins.

The NSS goals are pretty straightforward — Malaysia aims to attract RM500bil of investment in integrated circuit (IC) design, advanced packaging and manufacturing equipment for semiconductor chips. It also aims to create at least 10 local design and advanced packaging companies with revenues ranging from RM1bil to RM4.7bil.