Malaysia Considers Incentives To Boost Local Semiconductor Industry

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Malaysia Considers Incentives To Boost Local Semiconductor Industry - Business Today

Quick Summary:

The Investment, Trade and Industry Ministry (Miti) is creating targeted incentives aimed at boosting local semiconductor industry growth, said its minister Tengku Datuk Seri Zafrul Abdul Aziz.

He said the announcement will be made in July to mark the first anniversary of the launch of the National Semiconductor Strategy.

Negotiations for FTA upgrades with China and India are also ongoing at the Asean level, where Malaysia is leading the agenda this year as chair,” he said.