August 2024: Technology news from Malaysia

Technology news from Malaysia in August 2024 touched on items and articles including: the Malaysian government’s bid to mandate a licensing regime for social media firms; Selangor’s forthcoming semiconductor IC design facility; the Maxis-Huawei innovation center; and more.

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Cushman & Wakefield: 2024 Global Data Center market Comparison

Malaysia: Asia Internet Coalition, representing tech giants including Google, Facebook’s Meta and Twitter/X, pushes back on Malaysia’s proposed social media licensing plan / full item
Available now: ‘Horizon, A Perspective of Malaysia’s Digital Economy‘ – insights on trends & opportunities and the primary reference for stakeholders / full item

Malaysia: “…has lost as much as RM3.4 billion from 2018 to last year due to the theft of electricity supplies for cryptocurrency mining…” / full item

Inidia’s T-Hub startup incubator inks MOA with Malaysia’s Beyond4 accelerator ecosystem, targeting cross-border innovation and market access opportunities / full item
Malaysia: Future Finance 2024 Conference is set for September 12th in Kuala Lumpur, looking at all things digital in banking and insurance / full item
Malaysia: National Blockchain Infrastructure, MyEG e-gov’t services provider and other gov’t units partner Worldcoin for ID integration with national systems / full item

GITEX Asia Tech Conference & Expo: April 2025 in Singapore

Malaysia: Cradle Fund and VentureTECH impact investment firm join under gov’t Fund Funnel program to streamline startup funding through growth phases / full item
Malaysia advances value chain bid, opening its first semiconductor integrated circuit design hub in Selangor, with sights on 5 such centers in 5 years / full item
Video: The potential of Malaysia’s tech scene with Khailee Ng, 500 Global Managing Partner, from the recent Tech in Asia Conference Kuala Lumpur 2024 / full item
Malaysia: Maxis telco and Huawei enter strategic collaboration on Joint Innovation Center in Malaysia, looking at wide range of cutting-edge technologies / full item
2024 Asia-Pacific Semiconductor Summit & Expo is set to run in Penang, Malaysia, in October / full item

Cushman & Wakefield: Asia Pacific Data Center Market H1 2024

Malaysia: MYStartup pre-accelerator unveils 30 tech startups selected for Cohort 4, working on businesses from coffee to cybersecurity / full item
Startup World Cup Malaysia 2024 unveils 10 startups selected to represent the country at the Grand Finale in Silicon Valley / full item
Malaysia: Infineon launches phase 1 of new Kedah state facility set to become the world’s largest 200-millimeter silicon carbide power semiconductor plant / full item
Malaysia: Newell Road secures $110K pre-seed funding from participation in Antler Malaysia Residency with AI-automated market research and business reporting / full item
Malaysia: Gov’t to require social media services with more than 8M users in the country to apply for a license, in bid to beat increasing cyber issues / full item

“Tesla is… only discussing charging stations, with the factory plans suspended not just in Thailand but worldwide… not proceeding in Malaysia, Indonesia, or anywhere else except for China, America and Germany” / full item

Singapore’s Beep raises $3.3M to expand Voltality, integrated charge stations, payment services and vehicles stack, in Thailand and Malaysia / full item
Singapore-based Antler VC closes 2nd Southeast Asia fund, raising $72M to focus on startups in Singapore, Indonesia, Vietnam and Malaysia / full item

Critical technologies, globally: August 2024

August 2024: Malaysia

Asia’s Tech news, Weekly:
August 2024 Newsletters

August 2024: Malaysia

Asia’s Tech news, Weekly: August 2024 Newsletters

Asia’s Tech news, Weekly:
August 2024 Newsletters