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The Malaysian government has now signed an agreement with Arm Holdings, in an effort to position Malaysia as a destination for semiconductor production and production. For this purpose, Malaysia will allocate $250 million over a period of 10 years to Arm, and gain access to various knowledge and licenses involving semiconductors.
This method is expected to be used to continue to increase local knowledge, in addition to helping local companies and firms in designing their own chips. Malaysia itself aims to export up to $270 billion involving semiconductors alone, by 2030.
In parallel with this investment, the government aims to form up to 10 chip companies with annual revenues of around $20 billion.
Today, Malaysia is ready to produce a number of chips used in various devices. However, we are still lagging behind in terms of chip design – and this move is expected to drive the country to design chips.