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KUALA LUMPUR: MQ Technology Bhd (MQTech) and Taiwan Superconductor International Semiconductor Technology Co Ltd (TSIST) are exploring plans to set up semiconductor facilities in Universiti Teknikal Malaysia Melaka (UTeM).
MQTech vice-president Datuk Nurulhidayah Ahmad Zahid said UTeM would provide land, factory and interns, while MQTech would provide machineries, management, technology and training.
"We have discussed the semiconductor proposal and concluded that this project is going ahead as it will be beneficial to both parties.
"This project will enable the transfer of technology to Malaysia and create new job opportunities to locals," she told a press conference here, today.
MQTech has received a semiconductor proposal from TSIST not long after both parties entered into a memorandum of understanding (MoU) to negotiate TSIST's expression of interest to invest up to a 30 per cent stake in MQTech via participation in a forthcoming corporate exercise of MQTech.
TSIST chief executive officer Professor Liu Chien-Lung said TSIST would assist and provide technical know-how to MQTech to expand its semiconductor operation in Malaysia.,
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"We are serious and committed to this proposal, which includes three phases for the semiconductor plant, wherein phase one will take around one to three years to be fully implemented.
"The required workforce is from 50 to 500 workers for the three phases," he said, adding that it chose to invest in MQTech as it is currently the smallest semiconductor company listed on Bursa Malaysia in terms of market capitalisation and the most accommodative compared to the larger players.
Liu said TSIST aimed to turn MQTech into a semiconductor giant and a key world market materials supplier that focuses on third generation semiconductors, while establishing a vertically integrated industry chain and develop fourth generation semiconductors.
He also noted that Malaysia is a good country in terms of having a stable government, modern work culture and with multilingual people, which boosts TSIST's confidence to invest in the country.
On the semiconductor shortages, Lui said the lack of supplies was due to some issues, including political and raw material imbalance.
"Malaysia has a very good environment, with multiple languages, which can facilitate communication between Taiwan and Malaysia. I can see in the future that we will work more with our local semiconductor company to come to Malaysia as it is one of the strongest economies, besides Singapore, in Asia,” he added.
TSIST is a company focusing on research and development of materials for high-tech industries. The strength of TSIST is in its core technologies in the manufacturing and purification processes of front-end materials such as quantum materials, third-generation and fourth-generation semiconductors. - Bernama,
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