Selangor Pledges RM50 Million to Boost National Semiconductor Industry

Selangor has committed RM50 million to Malaysia's National Strategic Investment Fund, joining Khazanah Nasional and Penang. This RM150 million initiative aims to accelerate the growth of Malaysian semiconductor and advanced technology companies. Selangor's focus on front-end IC design and chip innovation complements Penang's strengths in manufacturing, positioning the nation for technological advancement.