Southeast Asia needs to expand semiconductor production, global trade group SEMI says

KUALA LUMPUR: Southeast Asian countries should aim to build more semiconductor fabrication plants in the coming decade to help the sector diversify and reduce supply risks, the head of ‌global ⁠chip industry ⁠group SEMI said on Tuesday.

SEMI chief executive Ajit Manocha said there were 64 new fabs expected to become operational in Asia by 2029, but just six of them were in the continent’s southeast, with the rest concentrated mostly in ⁠China and ‌Taiwan.