TechnologyMalaysia's investment 'sweet spot,' Penang, to open new tech park
State chief wants to foster 'ecosystem for innovation' as supply chains shift
A view of Penang's state capital, George Town: The state has long been known as Malaysia's "Silicon Island." (Getty Images)
NORMAN GOH and HAKIMIE AMRIE, Nikkei staff writers
December 4, 2024 11:35 JST
PENANG, Malaysia -- Long known as a "Silicon Island" for its manufacturing prowess, the northern Malaysian state of Penang is now sharpening its focus in an effort to dominate high-value technology sectors, including semiconductors and medical equipment, as global supply chain shifts create new opportunities.