MPC: Malaysia’s E&E Sector Has Huge Potential To Meet Rising Global Demand
KUALA LUMPUR, Nov 11 (NNN-Bernama) — Malaysia’s electrical and electronics (E&E) sector has huge potential to meet the increasing global demand particularly in the semiconductor market worldwide, said Malaysia Productivity Corporation (MPC).
Based on the World Semiconductor Trade Statistics, the global semiconductor sector is projected to grow at a rate of 20 per cent or US$527 billion in 2021 and will increase by another 10 per cent in 2022 (US$573 billion).