Malaysia is targeting the semiconductor industry to capitalize on the growing electric vehicle (EV) market.

Trade and Industry Minister Zafrul Aziz encourages EV manufacturers to expand their operations in Malaysia for supply chain security.

Malaysia is aiming to attract companies like Tesla to establish their assembly plants in the country.

The development of EVs is projected to boost Malaysia's manufacturing industry exports.

Malaysia has a national semiconductor taskforce to grow the industry and address talent shortage.

The semiconductor sector contributes 7% to Malaysia's GDP and 50% to its exports.

Malaysia is considered well-positioned to expand its semiconductor industry due to its strong foundation and long-standing history in the sector.