Malaysia's prime minister lauds country's burgeoning chip hub status as Infineon opens new plant
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 09 2024
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Source: CNBC
Malaysia's Semiconductor Hub Potential: Prime Minister Anwar Ibrahim highlighted Malaysia's stability and favorable policies as key factors attracting semiconductor investments, exemplified by Infineon's new facility in Kulim, which aims to be the largest silicon carbide factory globally.
Talent Development Initiatives: The Malaysian government is committed to training and upskilling 60,000 engineers over the next decade to support the growing semiconductor sector, while also encouraging skilled Malaysians abroad to return and contribute.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
