MPC: Malaysia’s E&E sector has huge potential to meet rising global demand | Malay Mail

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KUALA LUMPUR, Nov 11 — Malaysia’s electrical and electronics (E&E) sector has huge potential to meet the increasing global demand particularly in the semiconductor market worldwide, said Malaysia Productivity Corporation (MPC). Based on the World Semiconductor Trade Statistics, the global...

KUALA LUMPUR, Nov 11 — Malaysia’s electrical and electronics sector has huge potential to meet the increasing global demand particularly in the semiconductor market worldwide, said Malaysia Productivity Corporation .

“This dynamic expansion provides a good opportunity for Malaysia to increase its gross domestic product in the economic recovery phase which is the agenda for 2022,” MPC said in a statement. Malaysia is recognised as a major semiconductor producer in the global E&E chain. Seven per cent of the world’s semiconductor trade flows through Malaysia.

MPC director-general Datuk Abdul Latif Abu Seman said Malaysia must grab the opportunities from the strong global demand for E&E products.

Source: News Formal (newsformal.com)

 

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