Sharp, essential news and analysis from Malaysia.
Dr David Lacey, chairman of the Semiconductor Fabrication Association of Malaysia, has been appointed as the new British Honorary Consul in Penang, replacing Datuk Robert Hawkins who retired after two decades of service.
Prime Minister Anwar Ibrahim has called for Penang to become a top performer in Bumiputera economic participation, announcing RM5 million for a semiconductor action plan and urging better coordination among development agencies.
South Korea's push to build a major semiconductor hub in its southwest region by 2030 confronts significant infrastructure challenges, particularly around power supply and water allocation, with local communities resisting nuclear expansion and dam modifications.
Samsung Electronics has forecast a dramatic 19-fold increase in second-quarter operating profit to 89.4 trillion won, buoyed by surging demand for memory chips driven by the artificial intelligence boom transforming global technology markets.