Malaysia signs deal with British chip giant Arm to bolster semiconductor ambitions
- Malaysia is set to invest US$250 million over 10 years to acquire intellectual property from Arm Holdings, enhancing its semiconductor industry ambitions.
- The investment aims to facilitate local firms' entry into advanced chipmaking and help create 10,000 highly skilled jobs in integrated circuit design.
- The partnership will involve training 10,000 engineers in Malaysia on Arm's technology.
- Malaysia's deal with Arm is part of its strategy to enhance its semiconductor industry by moving up the value chain, beyond just chip assembly.
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Total News Sources25
Leaning Left1Leaning Right2Center9Last UpdatedBias Distribution75% Center
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