KUALA LUMPUR -- A new Malaysian venture capital firm focused on the semiconductor industry plans to invest in more than 10 startups through its $209 million fund, hoping to help advance the Southeast Asian country's chip industry.
Blue Chip founder says $209m fund helps country's semiconductor industry

Lai Pin Yong, co-founder and chairman of Malaysia's Blue Chip Venture Capital, speaks during an interview in Kuala Lumpur on April 22. (Photo by Hakimie Amrie)
KUALA LUMPUR -- A new Malaysian venture capital firm focused on the semiconductor industry plans to invest in more than 10 startups through its $209 million fund, hoping to help advance the Southeast Asian country's chip industry.