Malaysia Faces Urgent Need for 60,000 Engineers to Drive Semiconductor Growth

Malaysia is facing a critical shortage of engineers as it aims to boost its semiconductor industry, which is vital for the country’s economic growth. The country needs an additional 60,000 engineers to meet its semiconductor goals, including increasing its global market share from 7% to 15% by 2030 and doubling output to RM1.2 trillion.

Salleh Ahmad, a microelectronics expert, has returned to Malaysia to help address this gap. He is now the Chief Technology Officer at Weeroc, a microchip manufacturer based in the new Integrated Circuit (IC) Design Park in Puchong, Selangor. Salleh cites Malaysia’s bright industry prospects, government incentives, and low business costs as key reasons for his return.

Urgent need for engineers

The government’s strategy involves the “three Rs”: recruit new talent, retain existing professionals, and encourage those working abroad to return. The Puchong IC hub, recently opened, aims to employ 400 local engineers, with 60 already hired by initial tenants. Companies like MaiStorage are bringing back Malaysians from overseas to help with local talent development.

Penang is also a significant player in this effort, with over 30 IC design companies, 28 of which are based there. Penang is launching “Penang Silicon Design @5km+” to attract and upskill engineers. Major industry players like Infineon Technologies are working to retain talent with low attrition rates.

Read More Business News

Table of Contents

Staff Writer

Recent Posts

Global Food Industry Converges at the 2nd Food Show South Africa Expo 2026 in Johannesburg

The opening ceremony witnessed the presence of senior representatives from diplomatic missions, government agencies, trade…

3 hours ago

Malaysian Businesses Stay Prepared Amid Renewed US-Iran Tensions

Malaysian businesses prepare for US-Iran tensions by strengthening risk strategies to ensure stability amid potential…

4 hours ago

US Rolls Out New Forced Labor Tariffs on 60 Trading Partners Under Section 301

The US will impose 10% to 12.5% tariffs on 60 trading partners over forced labor…

8 hours ago

KIP REIT Delivers Record FY26, Eyes Growth with Setapak Central

KIPREIT posts record FY26, strong outlook with Setapak Central acquisition, AEIs, and rental reversions supporting…

8 hours ago

KLCI likely to trade cautiously lower today: Analysts

Analysts expect cautious trading in KLCI today due to Wall Street declines, new tariffs, and…

8 hours ago

Oil Market Faces New Phase of Recovery Risks

Rystad warns oil prices hinge on resilience of flows, with escalation risks tightening markets and…

11 hours ago

This website uses cookies.