Big chip and tech investment pouring into Malaysia

Malaysia continues to receive investments from around the world despite the pandemic and worries over supply chain disruptions. 

Nevertheless, on November 18, US Secretary of Commerce Gina Raimondo and Malaysian Senior Minister of International Trade and Industry Mohamed Azmin Ali issued a joint statement that concluded with:

“… the US Department of Commerce and the Malaysian Ministry of International Trade and Industry plan to collaborate with industry partners on semiconductor supply chain transparency, security, and resilience. The two countries will also work together with US and Malaysian industry partners to develop more transparency and trust in the manufacturing and manufacturing-related sectors and their supply chains.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *