Malaysia’s Electronics & Electrical (E&E) industry is expected to grow on the back of keen interest shown by some big companies in E&E sector to invest in Malaysia as the nation has the infrastructure needed for them to grow.
Representing 36.7% of Malaysia’s total exports in 2017, the industry is expected to flourish even further and by 2020, and is expected to generate a gross national income impact of RM53.4 billion and create 157,000 jobs.
Speaking at a pre-event media briefing for SEMICON 2019 at MIDA building in Kuala Lumpur today, Dato’ Azman Mahmud, Chief Executive Officer of the Malaysian Investment Development Authority (MIDA) stated that the Malaysian E&E industry continued to expand. In 2018, approved investments in the industry recorded a total of RM11.2 billion and provided 11,180 job opportunities. The presence of major MNCs such as Intel, Broadcom, Infineon,
Jabil Circuit as well as major Malaysian-owned companies such as Inari,
Testhub, Existech, MI Equipment and Vitrox continuously contributed to the steady
growth of the E&E industry in Malaysia.
Given the high growth prospect, the Malaysian Investment Development Authority (MIDA) and SEMI will be joining hands in once again bringing SEMICON Southeast Asia to Malaysia from 7-9 May 2019, at Malaysia International Trade and Exhibition Centre (MITEC).
SEMICON Southeast Asia is the region’s premier industry gathering for connecting people, products, technologies and solutions across the global electronics manufacturing supply chain. The annual showcase, which enters its fifth year in Malaysia, will be focusing on smart manufacturing this year.
Themed ‘Think Smart Make Smart’, this year’s SEMICON will be providing industry players and delegates an opportunity to view and experience microelectronics manufacturing brought to life.
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.”
Upbeat on the growth of the industry, Kai highlighted that in 2017 the Global E&E sector exceeded USD400 billion revenue for the first time that is USD420 billion and in 2018 it was USD470 billion.
On the local front, he added that E&E sector was significant part of Malaysia’s economic engine of growth, however as the world was leveraging on industry 4.0 to increase productivity, there was a need for the adoption of Smart Manufacturing within the Malaysian E&E sector to remain relevant and globally competitive.
“SEMICON Southeast Asia 2019 is proud to be the first in Malaysia to bring a ‘live’ smart factory to the show, giving industry peers the opportunity to view and experience end-to-end microelectronics manufacturing brought to life. Each component along the pavilion’s multi-step line is displayed, virtually or with actual equipment on the floor from front-end through packaging and test to final board and system assembly.”
“I am more than happy to announce that this year’s SEMICON has seen about 22% increase in the number of exhibitors and based on the registration as at now, we are expecting more than 9,000 delegates,” Kai told the media fraternity.
Elaborating Kai’s statement Azman said: “Last year, SEMICON Southeast Asia 2018 attracted a total of 7,700 visitors with 2,619 exhibitors. We understand from our discussions with SEMI that close to 80% of SEMICON Southeast Asia’s visitors for 2018 were involved in purchasing decisions or influencing the selection and final purchasing decision. This is indeed a strategic platform to attract a highly influential audience from almost very segment and sector of the global E&E industry and its supporting
To register for SEMICON Southeast Asia 2019 visit http://www.semiconsea.org/