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Unlocking greater productivity within Malaysia’s industrial sectors is one of the national strategies to drive continuous economic growth and expansion. The electrical and electronics (E&E) industry in particular, has the makings to further boost the national economy.
According to the 2018 Malaysian American Electronics Industry (MAEI) Survey Report, the E&E industry has enabled Malaysia to successfully position itself into the global supply chain of electronic manufacturing services, outsourced semiconductor assembly and testing as well as in research, design and development.
Representing 36.7% of Malaysia’s total exports in 2017, the industry is expected to flourish even further and by 2020, is expected to generate a gross national income impact of RM53.4 billion and create 157,000 jobs.
This growth will be primarily supported by the megatrend of the IoT (Internet-of-Things) that has multiple applications and increased use of wearable gadgets, smart home applications, automotive industry and artificial intelligence (AI) technologies.
Given this backdrop, SEMI, the global not-for-profit association advancing the global electronics manufacturing supply chain, and MIDA will once again bring SEMICON Southeast Asia to Malaysia from 7-9 May 2019, at Malaysia International Trade and Exhibition Centre (MITEC).
Datuk Azman Mahmud, CEO of the Malaysian Investment Development Authority (MIDA) said, “It has been five years since MIDA embarked on this collaboration with SEMI to promote the technological advancements taking place in the semiconductor industry.”
“MIDA is committed to attracting high quality and high technology investments into the country. We find SEMI Southeast Asia’s goals through this upcoming flagship event to be in line with our aspirations to encourage the development of the entire manufacturing ecosystem. This valuable platform also provides opportunities for potential investors to explore what Malaysia could offer as an ideal investment destination.”
Ng Kai Fai, President of SEMI Southeast Asia, said “Globally, we foresee that the semiconductor market revenue will continue its healthy trajectory over the coming years amid a softening in 2019 given the rapid pace in the development of smart manufacturing, consumer technologies, autonomous vehicle, wireless communications and AI enabled by the IoT.
