MATRADE To Lead Six Malaysian Companies at SEMICON West 2022

KUALA LUMPUR, July 9 (Bernama) -- The Malaysia External Trade Development Corporation (MATRADE) will lead participation of six Malaysian companies at SEMICON West 2022, a flagship trade event for global microelectronics industry. The event will take place in San Francisco, the United States (US) from July 12 to 14, 2022, MATRADE said in a statement Friday. MATRADE director of electrical and electronics (E&E), information and communications technology and machinery and equipment, Naim Abdul Rahman said the event bears the objective to position Malaysia as a major hub for sourcing E&E and semiconductor-related products and services. “SEMICON West is deemed as one of the world’s largest trade exhibitions for the semiconductor industry. “(Hence) our local E&E companies could leverage it to network and engage with top semiconductor industry players to gain access into the industry’s global supply chains,” he said. This year, the Malaysia Pavilion will showcase high-value products and services such as automated optical inspection (AOI) equipment & solutions, electronics manufacturing services, printed circuit board assemblies, semiconductors machine parts and automatic wafer equipment. The Malaysian companies involved in the participation are ACA Integration, CAPE EMS Manufacturing, CG Global Profastex Manufacturing, Control Automation Technology, Seong Hin Precision Engineering and Waftech. \Meanwhile, MATRADE Los Angeles Trade Commissioner Zuaziezie Zulkefli said Malaysia’s E&E exports led by semiconductor devices and integrated circuits (ICs) are expected to perform well this year, despite the ongoing pandemic challenges and the chip supply shortage. “Strong export growth momentum is likely to continue following increasing microchip demand which is highly used in multiple products not limited to computers, mobile phones and gaming consoles, but also smart automation equipment, Internet-of-Things devices and electric vehicles,” he said. According to MATRADE, the United States is a significant export market for Malaysia’s E&E products, ranked as the second-largest E&E export destination, taking up a value of RM66.48 billion or 14.6 per cent share of total E&E exports. “Malaysia’s exports of E&E products in 2021 were valued at RM455.73 billion, an increase of 18 per cent from 2020, accounting for 36.8 per cent share of Malaysia’s total exports,” it noted. -- BERNAMA