Aemulus to gain from China semiconductor boom

TheStar Mon, Jul 26, 2021 07:30am - 2 years View Original


Global semiconductor

KUALA LUMPUR: Aemulus Holdings Bhd stands to benefit from the semiconductor boom in China as the country plans to localise 70% of US$300bil (RM1.27 trillion) worth of semiconductor goods.

The company made inroads in the Chinese market last year via a joint venture with Tangren Microtelligence Technology Co Ltd, giving it exposure to China’s semiconductor supply chain.

Under the joint venture, a new facility in Jiashan, China will expand Aemulus’ capacity by three times. The facility is expected to commence operations by the end of this year.

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