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Showing posts with label Malaysia Semiconductor Industry Association (MSIA). Show all posts
Showing posts with label Malaysia Semiconductor Industry Association (MSIA). Show all posts

Tuesday, October 29, 2024

Regional alliance drives semiconductor growth

 

(From left) EY Shanghai partner Derick Yap, InvestPenang chief executive officer Datuk Loo Lee Lian, Wang, Zairil, Wong, IBM Malaysia general manager Dickson Woo and Shanghai Fengmi Cloud Media Technology Co Ltd chairman Steven Huang launching 2024 Asia-Pacific Semiconductor Summit and Expo in Penang.

STRONG regional partnerships can drive growth, innovation and advancements in the semiconductor sector.

By leveraging each other’s expertise and ecosystems, stakeholders will be better positioned to stay at the forefront of this rapidly evolving industry.

Penang infrastructure, transport and digital committee chairman Zairil Khir Johari said this while launching 2024 Asia-Pacific Semiconductor Summit and Expo (APSSE) in Penang.

The recent two-day event held at Setia SPICE Convention Centre in Bayan Lepas, Penang, brought together over 30 exhibitors and 600 delegates from nine countries.

It was organised by Malaysia Semiconductor Industry Association (MSIA) and Penang government, in partnership with Shanghai Fengmi Cloud Media Technology Co Ltd.

Zairil said the semiconductor industry was the backbone of the modern economy, powering everything from smartphones to electric vehicles and machinery.

“There is almost nothing today that doesn’t have a chip in it.

“And with changes brought on by the 4th Industrial Revolution, potential applications would only continue to expand.”

He said the global semiconductor industry was valued at US$544bil (RM2.36tril) in 2023, and this was projected to exceed US$1tril (RM4.34tril) by 2030.

“There are opportunities for everyone, which makes events like APSSE 2024 a good platform for industry players and government to exchange ideas and explore collaborations,” Zairil said in his opening address.

He highlighted the long-standing and successful collaborations between Malaysian and Chinese firms as proof that such regional partnerships could be mutually beneficial.

“Indeed, 2024 marked the 50th anniversary of bilateral diplomatic relations between the two countries.

Zairil (front, centre), Wong (second from right) and other delegates observing a virtual reality application by one of the exhibitors.Zairil (front, centre), Wong (second from right) and other delegates observing a virtual reality application by one of the exhibitors.

“Around half of APSSE 2024’s exhibitors are from China.

“Together, we can drive innovation, enhance global supply chain resilience and shape the future of the semiconductor landscape.

“Malaysia is committed to deepening economic ties with China, especially in advancing technologies such as semiconductors, electric vehicles and green energy,” he added.

Zairil also praised various stakeholders for keeping the industry resilient in spite of various challenges in recent years, such as the pandemic and global geopolitical tensions.

“We have long been a key player in the semiconductor value chain, contributing approximately 13% of global assembly, testing and packaging. Of that number, almost half comes from Penang,” he said.

From 2019 to 2023, Zairil revealed that Penang attracted RM170bil of foreign direct investments, which was more than double the preceding decade.

“This showed how much growth was achieved in the last five years.

“We have become a trusted partner of many leading global firms,” he added before touring exhibitor booths in the arena.

MSIA president Datuk Seri Wong Siew Hai said the semiconductor industry was a cornerstone of the local economy, contributing over 40% of total exports in the electronics sector.

“With over 50 years of experience in the industry, a strategic location, strong ecosystem, cost-competitiveness, skilled talent and business-friendly government, we have been able to attract billions of ringgit in investments from tech giants across the world.

“But competition is intense and we must keep pace.

“Government initiatives like the National Semiconductor Strategy (NSS) and New Industrial Master Plan (NIMP) 2030 will allow us to move the industry into higher value areas.

“MSIA recently launched the Advanced Technology Equipment Cluster (ATEC) to consolidate expertise to meet ever changing demands and keep us as a market leader,” said Wong.

He noted that APSSE 2024 was the first time many of the participating Chinese firms had exhibited outside their country.

He said most people took it for granted, but everything they use had semiconductor components of varying complexities inside.

“Mobile phones and smart TVs are the most obvious examples. Other things like your air-conditioner remote, ceiling fans, water heater and even the thermal flask you use to make a cup of coffee, need such components to operate.

“An electric vehicle has over 3,000 semiconductors.

“It’s a key component of green energy. If you live in a rural area without running power, the solar panels that allow you to power things also need semiconductors.

“Go to any hospital and all the medical devices used to test you have lots of semiconductors inside.

“Global e-commerce would not be possible either without these tiny chips.

“The only difference is that we’re constantly coming up with newer materials that allow each piece to perform more functions at a lower cost,” Wong added.

ACM Research (Shanghai) Inc chairman Dr David Wang Hui said such globalisation would continue to be a fundamental driving force for the industry.

“Many Chinese companies are interested in coming to Malaysia.

“This would not only bring investment and create local jobs, but also drive innovation, technology, product quality and better manufacturing systems,” he added.

The APSSE event featured a series of panel talks, with topics on “Global Semiconductor Outlook”, “Transitioning from Local to International Outbound Investments”, “Artificial Intelligence”, “Asia-Pacific Semiconductor Strategies”, “Advancing ESG Through Innovations”, “Intellectual Property”, “Advanced Packaging” and “Strategies for STEM Talent Development”.

Business matching sessions and tours of several industrial sites were also held.

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Attendees of the talk and networking session for semiconductor industry players in Penang.

MALAYSIA’S role in the global semiconductor supply chain is invaluable as the country is one of the United States’ largest semiconductor trading partners.

Semiconductor Industry Association (SIA) president and chief executive officer John Neuffer said Malaysia was also a leader in semiconductor assembly, test, and packaging.

“The Semiconductor Industry Association looks forward to continuing our work with our counterparts in Malaysia to ensure Malaysia and our industry can thrive, innovate, and realise an even brighter future built on semiconductors,” he said.

Speaking after the Malaysia Semiconductor Industry Association (MSIA) and SIA talk and networking session with MSIA members in George Town, Neuffer said in the 1990s, “the US produced 37% of the world’s chips but today, it only generates 10%.”

“The US has not kept pace with the rest of the world and it has seen chip manufacturing growth everywhere in the world except in the US.

“Chips are designed to make the US competitive and not to replace any country, not to decouple from the world but to be a competitive destination for investment along with countries like Malaysia and many others,” he said.

Neuffer noted that the long-term outlook for the semiconductor industry was still bright with the digital transformation of every industry with technologies such as the internet of things (IoT), artificial intelligence and 5G.

“Everyone needs more and more chips with the advanced growth and development of technologies worldwide.

“The good news here is that the pie will be getting bigger and the pieces of the pie will also get bigger.

“The future of the industry is bright and the CHIPS Act 2022 is not expected to badly affect the industry’s growth especially in countries like Malaysia,” he said, although the World Semiconductor Trade Statistics (WSTS) forecast a decline of 4.1% in the industry this year due to inflation pressures and weaker demand.

The CHIPS Act prohibits funding recipients from expanding semiconductor manufacturing in China and countries defined by US law as posing a national security threat to the US.

MSIA president Datuk Seri Wong Siew Hai, when asked about the recent US semiconductor policy, said, “Although the situation will add another layer of uncertainty to the outlook for the semiconductor industry, there is a window of opportunity for South-East Asian countries especially Malaysia.

There will be opportunities to capture investments, business opportunities and sales orders as Malaysia is quite broad based.

“In cases where US factories in China have to move, we hope the volume will eventually move out to Malaysia,” he said.

Wong added that all E&E (Electrical and Electronics) companies, US companies, Chinese companies including Malaysian companies would be assessing the potential impact of the CHIPS Act and US exports control restrictions and how they could mitigate the impact.

Wong also urged the E&E industry and the Malaysian government to move quickly to seize these opportunities.

Despite Malaysia’s Electrical and Electronics (E&E) sector’s slower global growth, exports for 2022 was RM593bil, 30% higher than in 2021.

Malaysia continues to be an attractive location for E&E companies with 7% of the global market share and 13% global market share for semiconductor assembly, test and packing.

Malaysia has attracted E&E investments of RM186.2bil since January 2020 and some of the investments have started operations with more being operational this year and in 2024.

Neuffer and his team from SIA, which is the voice of the US Semiconductor Industry, were in Malaysia to meet with key relevant stakeholders including SIA member companies and those in the E&E community.

MSIA is an industry association which covers individuals and companies incorporated in Malaysia who are involved directly or related to semiconductor industry (electronics and systems), semiconductor industry supply chain, institutions providing significant related services to semiconductor industry such as engineering, finance, legal and those societies, associations, chambers and government-linked agencies. Subscribe now to our Premium Plan for an ad-free and unlimited reading experience! 

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