Malaysian tech news in December: The launch of Malaysia’s National AI Office; the Penang Silicon Design initiative, aiming to boost Malaysia’s circuits industry; the Startup ASEAN initiative, running under Malaysia’s chairmanship of ASEAN; and more.
Also available:
Weekly newsletters // Critical tech monthly
McKinsey: Geopolitics and the geometry of global trade
- ASEAN Technology Startup Ignite, a platform curated across Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam / full item
- Malaysia’s Solarvest partners Singapore’s Vista Contracting & Investment for rooftop and utility-scale solar projects in Malaysia, Brunei, Taiwan, and Cambodia / full item
- Malaysia launches National Artificial Intelligence Office, looking at government-led national digitization, and with the wider goal of regional Asia leadership in the space / full item
- Malaysia: More detail on the Penang Silicon Design @5km+ initiative, creating an interconnected ecosystem for IC design and technology firms within 5km+ radius of the Bayan Lepas Industrial Park / full item
- Malaysia: ‘Penang Silicon Design @5km+’ initiative launches, a further move to advance Malaysia in global integrated circuits design, dovetailing with the National Semiconductor Strategy / full item
“The event also highlighted the establishment of five global giants—Alchip, AMD Global Services, Celestica, Microsoft, and Monolithic Power Systems—at the Penang IC Design and Digital Park to house their new IC design and R&D operations. The presence of these industry leaders is expected to drive significant spillover effects to local start-ups, fostering knowledge transfer and sparking innovation across the sector.”
- Dubai’s Damac Group unveils plan to invest $3BN to build data centers across Southeast Asia, seeing the region as a future hub for AI and cloud services / full item
- Malaysia has recorded a staggering RM1.224 billion loss due to online crime between January and October this year, Prime Minister Datuk Seri Anwar Ibrahim announced… / full item
- ADB and Mastercard Impact Fund ink MOU to provide financing for women-led or -owned MSMEs in India, Indonesia, Malaysia, the Philippines, Thailand and Vietnam / full item
- Startup ASEAN initiative under Malaysia’s Ministry of Science, Tech & Innovation is open for startup applications – submit your pitch here: / full item
- ICYMI: United Kingdom becomes the first European nation to join the Indo-Pacific’s Comprehensive and Progressive Agreement for Trans-Pacific Partnership trade bloc / full item
Invested: Australia’s Southeast Asia Economic Strategy to 2040
Critical technologies monthly
- Ayar Labs raised $155M from backers including NVIDIA, AMD Ventures and Intel Capital with photonics for faster, more efficient chips…
- France’s Flamanville 3 nuclear reactor is now online and connected to the national grid, with electricity production set to develop in line with testing and safety protocols…
- India: Mindgrove Technologies fabless semiconductor design firm raised $8M Series A, targeting sales of its first chip and following Secure IoT system-on-chip launch…
Full report: Critical tech in December >
Indo-Pacific Insight: Tech, trade, supply, space, geopolitics…
Asia’s Tech News, Weekly in December
● From December 15th 2024 to January 4th 2025
on LinkedIn and via Substack
● To December 14th on LinkedIn and via Substack
● To December 7th on LinkedIn and via Substack
