Malaysian chip company suspends investment plans due to concerns over tariffs.
According to Wong Siew Hai, President of the Malaysian Semiconductor Industry Association, Malaysia's chip companies have temporarily put on hold their investment and expansion plans while waiting for a clear answer from the United States on the issue of tariffs. Wong Siew Hai stated in an interview that these companies hope that after the deadline set by President Trump on August 1st to increase tariffs, the US government will continue to exempt semiconductor products from tariffs. He said, "If the situation becomes clear, then I believe investments will continue. Everyone is waiting to see how this will unfold."
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