KUALA LUMPUR, Oct 14 (Bernama) -- Local semiconductor companies must translate Budget 2027's allocation into greater participation in higher-value activities such as integrated circuit (IC) design, as Malaysia seeks to strengthen its position in the global semiconductor supply chain, said Tengku Datuk Seri Zafrul Abdul Aziz.
Business : Budget 2027: Local Semiconductor Firms Must Move Up Value Chain -- Tengku Zafrul
MIDA, Tengku Zafrul Abdul Aziz, Wages, Semiconduct
BE Bernama 
Key takeaways
Malaysia's local semiconductor firms are urged to move up the value chain with Budget 2027 funding, focusing on IC design and innovation.
- Budget 2027 aims to boost Malaysian semiconductor firms' participation in higher-value activities like IC design.
- RM1.2 billion will be invested by Khazanah Nasional and KWAP to support local semiconductor companies.
- A RM100 million Strategic Investment Fund will aid early-stage semiconductor and advanced manufacturing firms.
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Also reported by Malay Mail
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- Bernama Business : Budget 2027: Local Semiconductor Firms Must Move Up Value Chain -- Tengku Zafrul (this story)
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