Business : Matrade To Lead 10 Malaysian Firms To Semicon West 2014 Expo

KUALA LUMPUR, July 7 (Bernama) — The Malaysia External Trade Development Corporation (Matrade) will lead 10 Malaysian companies to the Semicon West 2014 in San Francisco, United States (US) from July 8-10.

The participation in the premier event for global microelectronics industry is to promote and expand business opportunities for the country’s semiconductor products and services in the US market and also to engage with international buyers from the US and neighbouring countries.

Matrade in a statement said the participating companies would offer various specialised products and services including testing and automation machines, design and assembly, original equipment manufacturer contract manufacturing services, precision tooling and fabrication of parts and components, and clean room gloves.

During the three-day exhibition, Matrade has also scheduled one-to-one business meetings between the Malaysian exhibitors and US buyers to generate business opportunities for the companies.

Matrade said the total electrical and electronics (E&E) exports to the US for January to April 2014 increased by 9.1 per cent to RM11.16 billion compared to the same period in 2013.

In 2013, total E&E export to the US was RM32.75 billion, accounting for 56.4 per cent share of Malaysia’s total export.

“Malaysia has tremendous potential and opportunity in the E&E sector due to its strong base especially in semiconductors.

“The Semicon West 2014 is a good platform for Malaysia to showcase its potential as a strategic base for US companies wanting to be part of the Asian growth that is underway,” it said.

— BERNAMA

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