KUALA LUMPUR, Oct 9 (Bernama) -- Semiconductor-related initiatives under Budget 2027 could help Malaysia move up the global semiconductor value chain by strengthening innovation, intellectual property (IP) creation and the development of high-value technologies, said the Malaysia Semiconductor Industry Association (MSIA).
Business : Budget 2027: Semiconductor Initiatives To Help Malaysia Move Up Value Chain
Budget 2027, semiconductor, MSIA, Kearney, econo
Key takeaways
Budget 2027 initiatives aim to boost Malaysia's semiconductor sector by focusing on innovation and high-value tech development.
- Initiatives support moving Malaysia beyond assembly and testing to IC design and wafer fabrication.
- Experts stress need for talent policies and industry-aligned funding for IC design companies.
- Extending global services hub incentives could attract long-term multinational investments.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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