As the global supply chain undergoes restructuring, Malaysia and Singapore have emerged as attractive destinations for semiconductor companies seeking to establish manufacturing operations in Southeast Asia (SEA). Both countries have implemented their own strategies to capitalize on this opportunity, leveraging their respective strengths to enhance their value within the semiconductor industry chain
At the urging of customers and incentives provided by countries vying for domestic semiconductor production, leading companies in the Taiwanese semiconductor supply chain have accelerated their establishment of overseas production sites over the past two years
In July 2022, Thailand unveiled its national AI strategy and action plan, outlining the government's roadmap through 2027 to enhance its AI infrastructure and spur economic growth by harnessing emerging technologies. A significant focus of the strategy is on AI talent development, aiming to create over 30,000 AI professionals within six years and increase the number of public and private agencies utilizing AI to at least 600
Southeast Asian countries are pulling out all the stops to attract semiconductor companies to set up factories in their regions. Malaysia, already a stronghold for packaging and testing, is now aiming to move into IC design. Singapore emphasizes its talent pool and connectivity, gaining favor with multinational corporations
When Wu Cunsong and Chen Binghui founded their artificial intelligence startup two years ago in Hangzhou, China, they quickly ran into obstacles, including a dearth of venture capital. This March, they did what scores of other Chinese AI firms have done and moved their company, Tabcut, 2,500 miles southwest to Singapore
Samsung Electro-Mechanics (Semco) has commenced mass production at its ABF substrate plant in Vietnam, following a KRW 1 trillion (US$ 720 million) investment announced in 2021. This milestone, achieved after 2.5 years, positions the company to compete in the burgeoning AI semiconductor substrate market
Singapore is attracting major semiconductor investments, thanks to its strong labor force, advanced research capabilities, and solid manufacturing infrastructure
Malaysia is fast becoming a semiconductor hub in Southeast Asia, with efforts being devoted particularly to expanding its advanced packaging, IC design, and AI sectors
Taiwan-headquartered electronics manufacturer Wistron, a major Apple supplier, is investing $24.5 million in a new factory in Vietnam's northern province of Ha Nam, according to a report published by a local media, the Investor Vafie Magazine
Electric Vehicle (EV) manufacturer VinFast is undeterred by the global slowdown in EV growth and the company's underperformance in the US market, as it continues its expansion in Asia
When talent is in short supply from upstream to downstream of the semiconductor industry, those who managed to maintain a net talent influx reflect their competitiveness in salary packages and ambition to win the talent war
Micron is expanding its HBM production capacity in the United States and exploring the possibility of manufacturing the product in Malaysia, which is driven by soaring global demand for HBM, which is growing at a triple-digit rate
