What potential sales did Malaysian companies achieve at Semicon West 2023?

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Malaysian Companies Achieved US$38.4 Million in Potential Sales at Semicon West 2023

Malaysian companies participating in Semicon West 2023, held in San Francisco, USA, secured potential sales amounting to US$38.4 million. This outcome reflects significant global interest and trust in Malaysia's technical proficiency within the electrical and electronics (E&E) sector, a key area where Malaysia holds substantial global market share.
Significant Global Role in Electronics Supply Chain

Malaysia's position as a crucial component of the global electronics supply chain was reinforced by its participation. The nation contributes seven per cent to global semiconductor trade and handles 13 per cent of worldwide chip assembly, testing, and packaging activities, highlighting its integral role in the industry.
Diverse Range of Technologies Showcased

The eleven Malaysian companies that exhibited at Semicon West 2023 presented a broad spectrum of advanced products and technologies. These included automated testing equipment, vision inspection machines, precision dispensing systems, electronic manufacturing services, and outsourced semiconductor testing and assembly services, demonstrating the depth and breadth of Malaysian capabilities.
Strong Performance of Malaysia's E&E Sector

The electrical and electronics industry is a cornerstone of Malaysia's export economy. In 2022, it was the nation's top exporting sector, generating RM593.52 billion (US$134.79 billion) and representing 38.3 per cent of total national exports. Semiconductor devices and integrated circuits alone constituted 65.2 per cent of these E&E exports, valued at RM386.89 billion (US$67.83 billion) in the same year.
Future Participation and Global Ranking

Malaysia is committed to maintaining its presence at leading industry events, with plans to participate in Semicon West 2024 in San Francisco and SEMICON West 2025 in Phoenix, Arizona. These engagements are vital for solidifying Malaysia's standing, which in 2022 saw it ranked as the 12th largest exporter of E&E products and the sixth largest semiconductor exporter globally.

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What potential sales did Malaysian companies achieve at Semicon West 2023?

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