GEORGE TOWN: Malaysia stands to benefit from the growth in the spending for semiconductor equipment this year, which is expected to grow by 5% to 9% from US$3.6bil in 2016. SEMI South-East Asia president Ng Kai Fai told StarBizThis is because most of the top semiconductor test equipment players are located in Penang. “The spending for test equipment sector in South-East Asia is projected to increase by 5% to 9% also from US$580mil in 2016,” Ng said. Meanwhile, some of the Penang-based test-equipment and sensor manufacturing companies are projecting strong growth for 2017. Tan said the group would deliver in the first half of 2017 test-equipment with a value of about RM27mil.

Source: The Star April 16, 2017 23:39 UTC