Malaysia's Semicon Industry Showcased In San Francisco – BusinessToday
The Malaysia External Trade Development Corporation (MATRADE) is spearheading the participation of Malaysian semiconductor companies at SEMICON West 2024, taking place from July 9-11 at the Moscone Center in San Francisco. This strategic initiative aims to bolster Malaysian firms’ presence in the global electronics and electrical (E&E) supply chain and support their international expansion efforts.
MATRADE is organising the Malaysian Pavilion, which will feature 10 exhibitors showcasing a diverse range of electronics manufacturing capabilities. The participating companies include CG Global Profastex Manufacturing, Cortex Robotics, ECA Advanced Solutions, Engrich Solutions, Interface Solution, JKS Engineering (M), Mplex Technology, SCP Automation, TSG Automation, and Weng Seng Engineering Corporation.
These firms will present advanced technologies and products in areas such as automated testing equipment (ATE), automated optical inspection (AOI) equipment, contract electronic manufacturing (CEM) services, printed circuit board assemblies (PCBA), box build assemblies, industrial systems, and precision parts fabrication.
MATRADE Los Angeles is coordinating high-impact activities at the Malaysia Pavilion, including pre-arranged business-to-business (B2B) matching and networking sessions with key industry players.
This presence at SEMICON West aligns with MATRADE’s ongoing efforts to position Malaysia as a significant global player in the semiconductor value chain, offering local companies opportunities to connect with international partners and stay updated on industry trends and technological advancements.
Datuk Mohd Mustafa Abdul Aziz, CEO of MATRADE, emphasised the importance of Malaysia’s participation: “Being continuously present at SEMICON West is a strategic move to position Malaysia as a major global player in the semiconductor value chain. It also allows local companies to engage with global partners, particularly in the North American market, and to stay abreast of new industry trends and technological advancements.”
This initiative supports the New Industrial Master Plan (NIMP) 2030 and the National Trade Blueprint (NTBp), aiming to enhance Malaysia’s E&E exports. In 2023, Malaysia ranked as the 10th largest exporter of E&E products and the 6th largest exporter of semiconductors. The country’s efforts are in line with the National Semiconductor Strategy (NSS) and the government’s commitment to positioning Malaysia as a neutral ground for technology collaboration, contributing to a more secure and resilient global semiconductor supply chain under the theme ‘Malaysia: Bridging Technology for Our Shared Tomorrow.’
From January to May 2024, Malaysia’s E&E exports continued to grow, reaching RM228.38 billion. Semiconductor exports alone totaled RM146.95 billion. Notably, semiconductor exports surged 11% month-on-month in May 2024, amounting to RM31.86 billion compared to RM28.71 billion in April 2024.