Micron Technology, Inc. today announced an investment of RM1 million to strengthen collaboration, research and development (R&D) projects with local universities over the next five years. Funding will go towards grants supporting research in the areas of semiconductor materials, smart manufacturing and artificial intelligence which are key to the advancement of tech manufacturing in the country.
“Like all fellow Penangites, my colleagues and I are immensely proud of Penang’s achievements in the electronic and electrical industry. Yet to go further, we need partners who share our vision for Penang, and Micron is one of them,” said Chief Minister of Penang Chow Kon Yeow. “The RM1 million grant funding to local universities by Micron today further reinforces the company’s commitment to using its leadership, influence and resources to create positive change, on top of its relentless efforts in employee wellbeing, sustainability, and corporate social responsibility.”
Micron Walks the Talk
“We are encouraged by Micron’s efforts and contribution to build a resilient semiconductor ecosystem that supports Malaysia’s competitiveness as the destination of choice for future investments,” said YBhg Dato’ Arham Abdul Rahman, chief executive officer of the Malaysian Investment Development Authority (MIDA).
“For the past 50 years, MIDA has strived to position Malaysia as an international manufacturing hub whose holistic electrical & electronic ecosystem enables front-end and back-end semiconductor production, and this would not have materialized without the active contribution of the corporate sector,” he said.
Besides advancing business growth, their involvement in universities’ academic curriculum development has been catalytic in grooming aspiring young technology innovators and leaders who are fundamental to this industry’s success. This partnership between Micron and Universiti Sains Malaysia (USM) is set to create new growth opportunities and we welcome such collaborations to transpire between other various institutors and companies.”
“Micron leads the industry in both NAND and DRAM technology and Malaysia is critical to our global manufacturing footprint. We hope the funding and collaboration with local universities will strengthen the local semiconductor ecosystem, advance R&D and deepen science, technology and engineering skills in the local talent pool,” said Amarjit Singh Sandhu, Corporate Vice President and Country Manager of Micron Malaysia. “We aim to use our presence and influence to contribute to Malaysia’s economy, including generating quality jobs and increasing the country’s productivity, efficiency, and global competitiveness.”
USM is the first university partner to receive funding from Micron. The MoU between Micron and USM was signed during an official (virtual) ceremony by Amarjit Singh Sandhu, corporate vice president and country manager of Micron Malaysia and YBhg Professor Dato’ Dr. Faisal Rafiq Bin Mahamd Adikan, vice chancellor of USM.
Witnessing the funding announcement and MoU signing ceremony were Yang Amat Berhormat Tuan Chow Kon Yeow, chief minister of Penang, and YBhg Dato’ Arham Abdul Rahman, CEO of MIDA. Also in attendance were YBhg Professor Dato’ Ir. Dr. Abdul Rahman Bin Mohamed, deputy vice chancellor of USM, YBhg Dato’ Seri Lee Kah Choon, special investment advisor to chief minister of Penang, and YBhg Dato’ Loo Lee Lian, CEO of InvestPenang.
“I wish to thank Micron for giving USM the opportunity to be the first university partner to receive funding and hope that it will spur research and strengthen the collaborations between both organizations,” said YBhg Professor Dato’ Dr. Faisal Rafiq Bin Mahamd Adikan, vice chancellor of USM. “The partnership between Micron and USM is in line with the focus area of the National Fourth Industrial Revolution’s policy, and supported by national policies such as the 12th Malaysia Plan and Wawasan Kemakmuran Bersama 2030.”
“The country has identified the E&E industry to contribute RM120 billion to Malaysia’s GDP which will generate about RM495 billion in export earnings by 2024. Foreign direct investment is crucial to an effective economic system that is a catalyst to bringing labour and will create 22,000 new high-income jobs and entrepreneur opportunities,” Arham enthused.