Prime Minister Anwar bin Ibrahim, alongside Penang chief minister Chow Kon Yeow, officially launched the “Penang Silicon Design @5km+” initiative.
Penang launches “Penang Silicon Design @5km+” initiative – advancing Malaysia in global IC design and AIPenang State Govt has allocated US$13 mil to support the initiative The event also marked the opening of GBS TechSpace as the Silicon Research and Incubation Space. During the ceremony, the prime minister acknowledged the memorandums of understanding signed between InvestPenang and key technology collaborators, as well as the recipients of newly announced incentives.
The Penang IC Design and Digital Park @Bayan Lepas, developed by the Penang Development Corporation, provides approximately 1 million square feet of premium hybrid office and lab space tailored for IC design, research and development, and digital companies. To enable end-to-end design processes, InvestPenang has signed MoUs with technology collaborators including Cadence, Siemens, and Synopsys for EDA tools; SilTerra, Universiti Sains Malaysia, and CEDEC for multi-project wafer services; and Globetronics and Inari Amertron for packaging solutions. Additionally, companies such as Aemulus, Experior, Emerson NI, and Keysight Technologies will provide post-silicon validation and support for new product introduction readiness.
Penang is committed to fostering local firms within the semiconductor design space. Five local companies—Filpal, Infinecs Lab, Silicon X, SkyeChip, and Sophic Automation—have been selected as the inaugural occupants of the Silicon Research and Incubation Space at GBS TechSpace. These firms will benefit from the newly announced incentive packages, aligning with the NSS’s target to develop ten Malaysian companies in design and packaging.
Chow Kon Yeow, chief minister of Penang, stated: “The launch of the Penang Silicon Design @5km+ initiative is a strategic move to strengthen Penang’s leadership in the IC design industry. With its integrated ecosystem within the vibrant 5km+ area, the initiative offers a unique value proposition, benchmarking itself against IC design hubs in Silicon Valley in San Jose, USA, and Taiwan.”
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