Semiconductor integrated circuit (IC) design solutions provider, FusionSIP Technology Pte Ltd general manager Eigen Fu said the company plans to open its first design service centre in Malaysia this year.
He said the company is in the midst of surveying potential locations that would house its centre in the country.
“We want to set up the biggest design centre in Southeast Asia, maybe somewhere near Kuala Lumpur due to its logistics advantages,” he told Bernama at SEMICON Southeast Asia 2024, the largest congregation of supply chain companies in the semiconductor and electronics industry.
Fu added that FusionSIP also plans to collaborate with local universities to provide students with employment opportunities and hire local workers to strengthen its presence in the country.
Meanwhile, another Taiwanese semiconductor player, Delta Electronics Inc hopes its newly launched product DIASECS solution will be widely used in semiconductor facilities in Malaysia.
Delta Electronics Industrial Automation country manager Quah Soon Kooi said DIASECS is Delta’s comprehensive solution for semiconductor equipment communication and control which complements the company’s existing solution products.
Established in 2016, Delta Electronics has been present in Malaysia through its subsidiary Eltek Power (Malaysia) Sdn Bhd.
At the same time, computer supplier company Bossmen Inc manager Lewis Liu also expressed his optimism over the tremendous potential for business growth in Malaysia.
He noted that several international giants have set foot in Malaysia, including Intel Corporation and Micron Technology from the US, Bosch from German, and ASE Group from Taiwan.
“Concurrently, the demand for advanced storage solutions is expected to increase significantly,” he said.
Meanwhile, Prime Minister Anwar Ibrahim recently said Malaysia is offering itself as the “bridge” to connect countries open to tech collaboration.
Anwar said Malaysia is already a melting pot of local and international tech talent, making it easy for companies rooted here to be regionally and globally competitive.
In 2023, Malaysia’s electrical and electronics (E&E) trade surged to an impressive RM931.39 billion.
A substantial part of this trade, totalling RM575.45 billion, stemmed from exports, underscoring the crucial role of the E&E industry in Malaysia’s economy
Semiconductor devices, ICs, transistors, and valves exports collectively made up 67% of Malaysia’s total E&E exports in 2023, amounting to RM387.45 billion.
Major export markets include Singapore, the US, China, Hong Kong, and Taiwan.