Prime Minister Tun Dr Mahathir Mohamad at the Proton X70 Media Launch in the Grand Ballroom, KL Convention Centre, December 12, 2018. Homegrown semiconductor company Silterra Malaysia Sdn Bhd says it has the capability to contribute to the development of the local automotive industry especially in the manufacture of the third national car. — Picture by Shafwan Zaidon
“At Silterra, we’re essentially chipmakers. We have the necessary technology to fabricate chips that will bring new functionalities to the automotive world and beyond. On its business outlook, Firdaus said that Silterra was targeting to expand its market in the United States , South Korea, Taiwan and the bigger part of China.
“Many Malaysians are not aware that a local company has the technological capability and capacity to produce components for such renowned global brands,” he said. One of its recent success story included being handpicked by China’s leading microelectronic producer, Beijing Yandong Microelectronics Co Ltd, to be its partner in the setting up of an eight-inch wafer fabrication plant in Beijing worth RM2.9 billion.
In terms of attracting foreign direct investments into the country, Hazmi Yusof, Frost and Sullivan Malaysia managing director and senior vice-president for Asia Pacific said Silterra had the capability to attract FDI as it had established a niche offering for advanced technologies in sectors such as life sciences, silicon photonics, smart power, automotive and others.
As long as Government's money not involved, let them start whatever projects they want to create jobs for the rakyat. And also bring prices down.