Latest news with #Carsem
The Sun
3 days ago
- Automotive
- The Sun
Perak targets semiconductor and automotive growth with RM63 billion investments
IPOH: Perak is positioning itself as a key player in Malaysia's semiconductor and automotive industries, driven by RM63 billion in investments under the National Semiconductor Strategy (NSS). State Tourism, Industry, Investment and Corridor Development committee chairman Loh Sze Yee highlighted the role of companies like Carsem and Unisem in strengthening Perak's back-end semiconductor services. Loh noted that while Perak may not host large semiconductor factories, its niche lies in critical support services. 'This is the uniqueness of Perak's electrical and electronics (E&E) sector. We are expecting more investments,' he said. The federal government's commitment is evident in projects such as the Kerian Integrated Green Industrial Park (KIGIP), a 1,214-hectare development designed to attract E&E investors. 'The northern border areas are being developed to tap into Penang's E&E spillover effect,' Loh explained. Key investments include Carsem's advanced packaging for EVs and AI, NXP's semiconductor products, and Infineon's silicon carbide power fabrication plant. However, Loh cautioned that full economic benefits may only materialise by 2030 due to extensive planning and infrastructure requirements. Under the Perak Sejahtera 2030 plan, the state anticipates creating over 483,700 jobs across primary and secondary sectors, supported by training initiatives like Pusat Aspirasi Anak Perak (PASAK). - Bernama
Focus Malaysia
4 days ago
- Automotive
- Focus Malaysia
Malaysia's RM63 bil semiconductor push shows progress, but value chain ascent still early
MBSB Research is maintaining their neutral stance on the technology sector following their participation in the recently concluded ASEAN Semiconductor Summit 2025 (ASEMIS). The government's effort to reestablish the country's positioning in the semiconductor global supply chain has started to yield results. A year after the announcement of the National Semiconductor Strategy (NSS), a notable strategic investment of RM63 bil has been secured, along with over 13k talent being groom as well as wider research and development (R&D) footprint. IN 2023, the ASEAN semiconductor market stood at over USD 31 bil. By 2032, the ASEAN semiconductor market has the potential to exceed USD52 bil by moving up the value chain. To further drive growth in the Malaysia as well as the broader ASEAN semiconductor landscape, the government put forth three new measures in the areas of capital, G2G collaboration and talent. 'While we acknowledge the milestone and commitment to the target set, we view that we are still at an early stage of the progress. Thus, more time is required to climb up the semiconductor value chain,' said MBSB. The NSS was announced in May 2024 to redefine the country's position in the global semiconductor supply chain. It focuses on integrated circuit (IC) design, advanced packaging and advanced manufacturing equipment. In addition, it also seeks to train 60k high-skilled engineers and establish a global R&D hub for semiconductors. As of March 2025, Malaysia has secured over RM63 bil in semiconductor investments. Of this RM 59 bil originated from foreign investors while the remainder RM5 bil came from domestic sources. Some of the notable projects include Carsem's advanced packaging for energy efficiency, EV, connectivity and AI; NXP's semiconductor products, Infineon's world's largest 200mm silicon carbide (SiC) power fab, Syntiant's MEMS microphone and sensors; and Plexus' manufacture and re-manufacture of Printed Circuit Boards. Meanwhile, more than 13k highly skilled workers have been trained through national programmes such as CREST's ETSI and TalentCorp's MyMahir initiative. The R&D footprint is also growing, supported by including Penang's Silicon Design@5km+, Selangor's IC Design Park and Sarawak's SMD Semiconductor initiative. Firstly, the government aims to unlock more catalytic capital to support early-stage R&D, product development, and ecosystem scaling. This includes a suite of targeted financing instruments, matching funds, and customised incentives, alongside continued investments by the GLICs. Secondly, the government is also seeking deeper G2G cooperation. This will be carried out via the creation of ASEAN Framework for Integrated Semiconductor Supply Chain (AFISS). The framework will revolve around policy alignment, infrastructure readiness and deeper cross-border collaboration. Thirdly, to further close the gap on talent shortage, the government will also drive stronger collaboration across public, private, and academic institutions. This also extends to intensifying R&D efforts through strategic collaboration between government, industry, and academia. —July 1, 2025 Main image: The Malaysian Reserve
New Straits Times
4 days ago
- Automotive
- New Straits Times
Malaysia's semiconductor play heats up as investor interest surges
KUALA LUMPUR: Malaysia's push to become a semiconductor powerhouse is gathering momentum, as its National Semiconductor Strategy (NSS) attracts investor interest, institutional backing and regional collaboration. With RM63 billion in committed investments, a growing base of local champions and closer Asean alignment, analysts said Malaysia is steadily positioning itself as a neutral yet indispensable node in the global semiconductor ecosystem. "We are encouraged to see that the NSS is gaining investor traction, institutional support and regional momentum," CIMB Securities said in a flash note. Launched in May 2024, the NSS aims to transform Malaysia from a "Made in Malaysia" base to a "Made by Malaysia" hub by deepening capabilities in integrated circuit (IC) design, research and design as well as advanced packaging. CIMB Securities said the strategy has drawn high-impact projects from global players such as Infineon, Carsem, NXP, Syntiant and Plexus. The research house said Malaysia also aims to develop 10 local semiconductor firms with revenues exceeding US$1 billion and 100 firms with revenues exceeding RM1 billion. "The government has identified 13 Malaysian-based companies across the semiconductor value chain as key beneficiaries, including Carsem (MPI), Inari Amertron Bhd, Pentamaster Corporation Bhd, ViTrox Corporation Bhd, and Kelington Group Bhd. "In addition, promising IC design and services firms like Oppstar Bhd, SkyeChip, Infinecs, and Experior are also being nurtured to spearhead Malaysia's next phase of semiconductor growth," it said. CIMB Securities said as Asean chair this year, Malaysia is also leading the charge on regional supply chain integration through the Asean Integrated Semiconductor Supply Chain Framework. "Malaysia's transition from a back-end assembly base to a design-to-packaging semiconductor hub remains a work in progress. "However, we are encouraged to see that the NSS is gaining investor traction, institutional support, and regional momentum," it said. Its top stock picks in the local outsourced semiconductor assembly and test (OSAT) space are Inari Amertron and Malaysian Pacific Industries Bhd, with ViTrox also cited for exposure to the automated test equipment segment.
Malay Mail
5 days ago
- Automotive
- Malay Mail
Anwar: Govt has secured more than RM63b investments through National Semiconductor Strategy as of March 2025
PETALING JAYA, July 24 — The government has secured more than RM63 billion of investments under the National Semiconductor Strategy (NSS) as of March this year, with RM5 billion from domestic sources and RM58 billion from foreign sources, said Prime Minister Datuk Seri Anwar Ibrahim. He said among the notable projects included Carsem's advanced packaging for energy efficiency, electric vehicle (EV), connectivity and artificial intelligence (AI); NXP's semiconductor products, Infineon's world's largest 200mm silicon carbide (SiC) power fab; Syntiant's MEMS microphone and sensors; and Plexus's manufacture and re-manufacture of printed circuit Boards. On growing 10 semiconductor companies with revenue more than US$1 billion; and 100 with revenue more than RM1 billion, he said Malaysia now has at least 13 homegrown companies across the semiconductor value chain, emerging as potential national champions. 'Nine of them, including Carsem, Inari, Pentamaster, ViTrox, and Kelington, are each expected to generate over RM500 million in revenue this year. The other four are IC (integrated circuit) design and development firms with strong momentum, such as OppStar, SkyeChip, Infinecs, and Experior, each recording annual revenue growth above 25 percent. 'Fifty years from now, we want Malaysia to be able to look back at this moment as the tipping point when the country began grooming its very own Fortune 500 tech companies,' he said in his keynote address at the Asean Semiconductor Summit (ASEMIS) 2025 here today. On the aim to create 60,000 engineers and given how tight the labour market is for skilled tech talent, the prime minister said CREST and HRD-Corp are entering into a collaboration to develop a robust tech talent pipeline for the semiconductor industry from 2025-2030. 'This is a key commitment under the NSS, for which our proposed allocation is RM1.2 billion over five years,' he noted. Launched on May 28, 2024, the NSS is a government initiative designed to transform the country into a global powerhouse in the semiconductor industry. The strategy outlines a three-phase plan, backed by RM25 billion in fiscal support and targeted incentives. It aims to attract significant investments, develop local champions, and nurture a skilled workforce, and move Malaysia up the semiconductor value chain, focusing on integrated circuit design, advanced packaging, and manufacturing equipment. Moving forward, Anwar said Malaysia is now ready to provide stronger backing for the NSS, particularly in growing the 10+100 national champions, which will focus on three key areas. 'We will unlock more catalytic capital to support early-stage research and development (R&D), product development, and ecosystem scaling. This includes a suite of targeted financing instruments, matching funds, and customised incentives, alongside continued investments by our government-linked investment companies (GLICs), all aimed at strengthening local semiconductor capabilities and advancing Malaysia's position in the global value chain,' he added. To date, Anwar said the government has received commitments of more than RM2 billion in various forms to support the industry's development. 'This includes support by GLICs like Khazanah and KWAP (under the GEAR-uP initiative), Bank Negara Malaysia and through partnerships with global players. The government will also elevate its semiconductor diplomacy through deeper government-to-government cooperation, expanding market access for Malaysian firms and forging trusted technology partnerships. 'As Chair of Asean 2025, Malaysia will lead efforts to strengthen regional collaboration, positioning Asean as a resilient and competitive hub in the global semiconductor value chain,' he continued. In strengthening the talent ecosystem via the CREST and HRD Corp initiative, Anwar said the government will also drive stronger collaboration across public, private, and academic institutions to build a future-ready and industry-relevant workforce. 'We will also intensify our R&D efforts through strategic collaboration between government, industry, and academia, ensuring Malaysia builds focused capabilities and remains competitive in a rapidly evolving, high-tech global landscape', he added. — Bernama
The Sun
5 days ago
- Automotive
- The Sun
Malaysia secures RM63 billion investments under National Semiconductor Strategy
PETALING JAYA: The government has secured over RM63 billion in investments through the National Semiconductor Strategy (NSS) as of March 2025, Prime Minister Datuk Seri Anwar Ibrahim announced. The investments include RM5 billion from domestic sources and RM58 billion from foreign investors, reinforcing Malaysia's position in the global semiconductor industry. Key projects under the NSS include Carsem's advanced packaging for energy efficiency, electric vehicles (EVs), and artificial intelligence (AI), as well as Infineon's world-leading 200mm silicon carbide (SiC) power fab. Other major contributors are NXP's semiconductor products, Syntiant's MEMS microphone and sensors, and Plexus's printed circuit board manufacturing. Anwar highlighted Malaysia's growing semiconductor ecosystem, with 13 homegrown companies emerging as potential national champions. Nine firms, including Carsem, Inari, Pentamaster, ViTrox, and Kelington, are projected to generate over RM500 million in revenue this year. Four IC design firms—OppStar, SkyeChip, Infinecs, and Experior—are also showing strong growth, with annual revenue increases exceeding 25 percent. 'Fifty years from now, we want Malaysia to be able to look back at this moment as the tipping point when the country began grooming its very own Fortune 500 tech companies,' Anwar said during his keynote at the ASEAN Semiconductor Summit (ASEMIS) 2025. - Bernama
