Anwar to announce key strategies to uplift M'sia's semiconductor sector, says Tengku Zafrul

KUALA LUMPUR: Tengku Datuk Seri Zafrul Abdul Aziz announced on Tuesday (May 28) that new key initiatives will be unveiled to enhance the global footprint of Malaysia's semiconductor sector.

The Investment, Trade, and Industry Minister said Prime Minister Datuk Seri Anwar Ibrahim will make the announcement on Tuesday afternoon at SemiCon South-East Asia 2024.

"It will be about strengthening our position in the semiconductor space and emphasising the importance of semiconductors and the role that Malaysia can play in the global value chain," he told reporters after the launch of SemiCon South-East Asia 2024 on Tuesday morning.

Tengku Zafrul expressed confidence in Malaysia's robust semiconductor foundation, asserting that the time is ripe to elevate the country into a genuine semiconductor powerhouse and a regional manufacturing hub.