Malay Mail

US-China tiff triggering AI, tech gold rush in Malaysia that could help it beat ‘middle income trap’

KUALA LUMPUR, Dec 7 — Malaysia is witnessing a rapid transformation as foreign investments in technology and manufacturing pour in, driven by US-China tensions and Southeast Asia’s strategic advantages. According to a new Bloomberg report, the country attracted nearly US$44 billion (RM195 billion) in foreign direct investment to Penang alone since 2019, tripling its previous…

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American chip equipment makers are cutting off China

American chip equipment makers are cutting off China

As the U.S. continues to strengthen restrictions on advanced technology in China, U.S.-based chip equipment manufacturers are reportedly telling suppliers to find alternatives to Chinese-made components. Chip equipment makers, including California-based Applied Materials (AMAT) and Lam Research (LRCX), have told suppliers they worry risking their vendor status for using certain components supplied by China, the…

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