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Benzinga

Malaysia aims to attract at least 500 billion ringgit ($107 billion) in investments for its semiconductor sector, Prime Minister Anwar Ibrahim has reportedly said. The planned investments are targeted at integrated circuit design, advanced packaging, and semiconductor chip manufacturing equipment, reported Reuters. Malaysia plays an important role in the semiconductor market, contributing to 13% of global testing and packaging. Major firms, including Intel Corp (NASDAQ:INTC) and Infineon Technologies AG (OTC:IFNNY), have made substantial investments in the country in recent years. Prime Minist…

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