PENANG, Malaysia -- When chip design company Oppstar listed on the Malaysian stock exchange last year, it was a watershed moment for the Southeast Asian country and its ambitions to revitalize its semiconductor industry.
.jpg?width=970&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto)
Oppstar's IPO was a big hit -- it was oversubscribed by 77 times -- but the frenzy also showed how far Malaysia has to go to return to its former tech glory. © Oppstar
Former Intel engineers attempt to push Penang to higher end of value chain