Clear, modern coverage of Malaysian news and analysis.
Universiti Malaysia Perlis is churning out nearly 2,000 graduates annually to strengthen Malaysia's semiconductor and electronics sectors, aligning with the government's goal to develop 60,000 skilled workers by 2030.
Prime Minister Anwar Ibrahim has urged Penang to become a model for Bumiputera economic participation by aligning all development agencies under a single framework and capitalizing on the state's semiconductor industry leadership.
Samsung Electronics is eliminating hundreds of jobs in its US consumer electronics division, with 739 positions affected in New Jersey and roughly 100 in Texas as the company relocates its US headquarters to Plano.
Samsung Electronics has projected a 19-fold surge in second-quarter operating profit to 89.4 trillion won, riding a wave of demand for memory chips fuelled by artificial intelligence infrastructure expansion worldwide.