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    POSITION:CODVIP|CODVIP free slot games|CODVIP slot real money|CODVIP slot online free > CODVIP slot online free > pk777 Malaysia aims to be global powerhouse in highly competitive integrated circuit design sector

    pk777 Malaysia aims to be global powerhouse in highly competitive integrated circuit design sector

    Updated:2024-10-08 03:16    Views:159

    SELANGOR: Trainee engineer Izaac Chong recently joined an 18-month on-the-job training programme at an integrated circuit (IC) start-up firm, hoping to make his mark in the highly competitive industry.

    He is among several young IC designers who were hired by MaiStorage – a pioneer at the newly-launched Malaysia Semiconductor IC Design Park located in Puchong, Selangor state.

    Spanning 5,574sqm, the park was the country’s first chip design hub and the largest in Southeast Asia.

    It is an integral part of Malaysia’s plans to penetrate the IC design market and position itself as a potential global powerhouse in the industry.

    Selangor – the nation’s most populous and industrialised state – has been tasked to lead the charge, with at least one IC design park to be built each year until 2028.

    The Puchong park is expected to bring in economic returns of RM500 million (US$118 million) to RM1 billion, according to Selangor Information Technology and Digital Economy Corp (SIDEC) chief executive officer Yong Kai Ping.

    Over a handful of local and foreign semiconductor design companies have signed up to set up shop there. Many were offered free rent and utilities for three years and received help with recruitment and training.

    The park so far has received thousands of resumes.

    Malaysia currently produces about 5,000 engineering graduates a year, but it needs 10 times more to elevate its semiconductor industry to front end manufacturing and IC design.

    Each IC park requires 400 to 600 engineers who are trained in computer science, mechanical and electronic engineering, according to SIDEC.

    “There's a global war for talent in terms of hardware and software, so what we are doing now to solve the talent problem is we are co-investing in another project beside the IC park – around RM200 million to build a school,” Mr Yong told CNA. 

    This school – the Malaysia Advanced Semiconductor AI Institute – is not meant to compete with universitiespk777, but rather to act as a link between universities and the industry, he said.

    Mr Yong Kai Ping, CEO of Selangor Information Technology and Digital Economy Corp (SIDEC), speaking to CNA.