In line with the continued efforts to enhance exports of high-value sectors, Malaysia External Trade Development Corporation (MATRADE) will lead participation of six (6) Malaysian companies at SEMICON West 2022, a flagship trade event for global microelectronics industry. The event will take place at Moscone Center, San Francisco, California, USA, from 12 to 14 July 2022.
This year, Malaysia Pavilion will showcase high-value products and services such as automated optical inspection (AOI) equipment & solutions, electronics manufacturing services, printed circuit board assemblies, semiconductors machine parts and automatic wafer equipment.
The capable Malaysian companies involved in the participation are ACA Integration, CAPE EMS Manufacturing, CG Global Profastex Manufacturing, Control Automation Technology, Seong Hin Precision Engineering and Waftech.
“SEMICON West is deemed as one of the world’s largest trade exhibitions for the semiconductor industry. Our local electrical and electronics (E&E) companies could leverage it to network and engage with top semiconductor industry players to gain access into the industry’s global supply chains.
The objective of our participation is to position Malaysia as a major hub for sourcing of E&E and semiconductor-related products and services”, said Mr. Naim Abdul Rahman, Director of Electrical & Electronics, ICT, Machinery & Equipment, MATRADE.
Zuaziezie Zulkefli, Trade Commissioner of MATRADE Los Angeles said, “We are excited to be back in SEMICON West physically after 2 years of hiatus brought over by the pandemic. This is the 13th time that MATRADE has organised the national pavilion at the event”.
“Malaysia’s E&E exports led by semiconductor devices and integrated circuits (ICs) are expected to perform well this year, despite the ongoing pandemic challenges and the chip supply shortage. Strong export growth momentum is likely to continue following increasing demand for chips which are highly used in multiple products not limited to computers, mobile phones and gaming consoles, but also smart automation equipment, Internet-of-Things devices, and electric vehicles”, added Naim.
Malaysia’s exports of E&E products in 2021 were valued at RM455.73 billion, an increase of 18% from 2020; accounting for 36.8% share of Malaysia’s total exports. The USA is a significant export
market for Malaysia’s E&E products, ranked as the second largest E&E export destination, taking up a value of RM66.48 billion or 14.6% share of total E&E exports. Export of E&E products in January to May 2022 reached a value of RM230.50 billion, increased by 30.6% from RM176.55 billion registered in the same period in 2021.
Semiconductor formed 62% of Malaysia’s total E&E exports with value amounted to RM281.38 billion in 2021.
