Eyeing bigger slice of trillion-dollar chip industry

Ahmad Zahid (standing, centre) visiting one of the exhibition booths with Chow (on his right) after launching the Semicon Southeast Asia tech event in Penang. — ZHAFARAN NASIB/The Star

THE Federal Government is aiming for Malaysia to have a 15% market share globally in the semiconductor industry by 2030, says Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi.

He said tech parks, tax incentives and human capital development would make the target easy to achieve as Malaysia currently had a 7% market share.