Kuala lumpur: The government has secured more than RM63 billion of investments under the National Semiconductor Strategy (NSS) as of March this year, with RM5 billion from domestic sources and RM58 billion from foreign sources, said Prime Minister Datuk Seri Anwar Ibrahim.
According to BERNAMA News Agency, the Prime Minister highlighted notable projects including Carsem's advanced packaging for energy efficiency, electric vehicles, connectivity, and artificial intelligence; NXP's semiconductor products; Infineon's world's largest 200mm silicon carbide power fab; Syntiant's MEMS microphone and sensors; and Plexus's manufacture and re-manufacture of printed circuit boards.
On the objective of growing 10 semiconductor companies with revenue exceeding US$1 billion and 100 with revenue over RM1 billion, he mentioned Malaysia now has at least 13 homegrown companies across the semiconductor value chain, emerging as potential national champions. Nine of these companies, including Carsem, Inari, Pentamaster, ViTrox, and Kelington, are each expected to generate over RM500 million in revenue this year. The other four companies are integrated circuit design and development firms with strong momentum, such as OppStar, SkyeChip, Infinecs, and Experior, each recording annual revenue growth above 25 percent.
He expressed a vision for the future, stating, "Fifty years from now, we want Malaysia to be able to look back at this moment as the tipping point when the country began grooming its very own Fortune 500 tech companies," during his keynote address at the ASEAN Semiconductor Summit (ASEMIS) 2025.