Semiconductor sector still expected to grow

TheStar Wed, Aug 20, 2025 12:00am - 6 months View Original


Maybank IB Research observed that despite industry unease, stabilisation signs are emerging across the ecosystem.

PETALING JAYA: Malaysia’s technology sector is bracing for near-term challenges from tariffs and currency volatility, yet the country’s role as a critical node in the global semiconductor and electronics manufacturing services (EMS) supply chain is unlikely to diminish.

The coming rounds of development expenditure, particularly in Penang and Johor, are expected to reinforce Malaysia’s competitiveness as multinational corporations continue to expand capacity in advanced packaging, front-end semiconductor processes and value-added EMS solutions.

Maybank Investment Bank Research (Maybank IB Research) noted that its recent visits to Penang and Johor reaffirmed Malaysia’s role in the semiconductor and EMS supply chain despite near-term volatility from order deferrals and a weaker US dollar, which may impact its upcoming quarterly earnings.

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