Malaysia’s semiconductor industry, a significant player globally, faces challenges due to US tariff threats despite ambitions for major investment growth. Concerns from industry leaders and government officials highlight the potential negative impacts on exports and the sector’s stability. Collaboration and fair trade policies are deemed essential for future resilience and growth.
Malaysia’s semiconductor industry is currently facing uncertainties due to potential tariff increases from the United States, despite being the sixth-largest global exporter of semiconductors. The nation seeks to enhance its role in the semiconductor supply chain and attract US$115 billion in investments by 2030, but concerns about trade tariffs threaten this ambition.
In summary, while the Malaysian semiconductor sector is poised for growth, the looming prospect of US tariffs creates a climate of uncertainty. Industry leaders stress the need for fair tariff policies and collaboration between the government and industry players, as the nation strives to advance further in the global semiconductor market.
Original Source: www.channelnewsasia.com
