ARM Holdings Plans Semiconductor Base in Malaysia Next Week

ARM Holdings Plc, a leading British semiconductor company, is set to establish a base in Malaysia following an announcement by Prime Minister Anwar Ibrahim. The agreement is expected to be finalized next week, with discussions involving ARM's CEO and SoftBank Group Corp's Masayoshi Son. Anwar highlighted Malaysia's political stability and clear policies as key factors attracting such significant foreign investments. However, he acknowledged the challenges of ensuring a professional workforce to meet the demands of this new industrial opportunity. This development aligns with Malaysia's push to enhance its semiconductor sector, including a comprehensive National Semiconductor Strategy to foster local companies. The success of ARM's venture is contingent upon the nation's ability to cultivate tens of thousands of skilled professionals.