Malaysia Participation in SEMICON West 2014 Generate RM157.92 Million Sales
WEDNESDAY, JULY 16, 2014, KUALA LUMPUR: Malaysian companies which participated in the Malaysian pavilion organised by the Malaysia External Trade Development Corporation (MATRADE) at the recently concluded SEMICON West 2014 generated sales of RM157.92 million from the 128 business meetings arranged.
The event which was held at Moscone Center, San Francisco, California, USA from the 8 – 10 July 2014 involved the participation of 10 Malaysian exhibitors. Some of the companies that were participating in the SEMICON trade fair for the second consecutive time included Exis Tech Sdn Bhd, JF Microtechnology Sdn Bhd, and Wanjun Engineering Sdn Bhd. The rest of the Malaysian companies were LD Micro Precision Sdn Bhd, Multisafe Sdn Bhd, Penchem Technologies Sdn Bhd, Prodelcon Sdn Bhd, QDOS Technology Sdn Bhd, Vitrox Technologies Sdn Bhd, and Waftech Sdn Bhd.
Malaysian products and services that received strong support from the buyer’s community at the event included testing & automation machines, design & assembly, OEM contract manufacturing services, precision tooling and fabrication of parts & components, and clean room gloves.
According to MATRADE, “SEMICON West is the most significant event for the semiconductor industry in the US market and provides a platform for Malaysian companies to further promote their products & services and serves as a stepping stone for globalization. It will also give them insight on the latest trends ensuring Malaysian companies do not lag in terms of level of innovation required to succeed commerciallyâ€.
Total bilateral trade between Malaysia and US for January to May 2014 amounted to RM47.17 billion compared with RM43.84 billion for the same period in 2013, an increase of 7.6 per cent. Malaysia’s total exports to US for the first five months of 2014 increased by 8.8 per cent to RM25.83 billion.