Latest news with #LaiYitLoong


The Sun
4 days ago
- Business
- The Sun
SIDEC marks 10 years boosting digital economy and semiconductor growth
SHAH ALAM: The Selangor Information Technology and Digital Economy Corporation (SIDEC) marked its 10th anniversary with key initiatives to strengthen digital transformation and entrepreneurial growth. The event, officiated by Menteri Besar Datuk Seri Amirudin Shari, highlighted strategic partnerships and talent development in Malaysia's semiconductor sector. Three industry leaders were appointed as advisers to guide SIDEC's future direction. Datuk Lai Yit Loong and Dr Chiang Shang-Yi, both veterans in semiconductor innovation, will focus on talent development and cross-border collaboration. Nurul Izzah Anwar was named executive chair of Polity, a think tank aimed at advancing digital empowerment and socio-economic policies. A tripartite MoU was signed between SIDEC, Permodalan Negeri Selangor Berhad (PNSB), and Artem Ventures to establish the Selangor Semiconductor Fund (SSF). This state-led venture capital initiative will support startups in IC design, AI chips, and advanced semiconductor solutions. The event also celebrated the first graduates of the Global Semiconductor Exchange Programme (GSEP), a training initiative in Shenzhen, China. Thirty participants gained hands-on experience in digital IC design, including EDA tools and system-level verification. Industry visits to firms like HONOR and Reexen Technology further enhanced their exposure. SIDEC reaffirmed its commitment to fostering innovation and digital growth, aligning with Selangor's vision to position Malaysia as a high-tech leader. - Bernama


Free Malaysia Today
7 days ago
- Business
- Free Malaysia Today
Nurul Izzah made strategic adviser to Selangor infotech corporation
Nurul Izzah Anwar, who is PKR deputy president, was appointed in her capacity as executive chairman of Polity, a new think tank. PETALING JAYA : Nurul Izzah Anwar has been appointed as strategic adviser to the Selangor Information Technology and Digital Economy Corporation (Sidec). Lai Yit Loong. The corporation said Nurul Izzah, who is PKR deputy president, was appointed in her capacity as executive chairman of Polity, a new think tank. Two industrial personalities were also appointed strategic advisers: former Nvidia Corp and Foxconn vice-president Lai Yit Loong and Foxconn director Chiang Shang-Yi. They will focus on talent development and cross-border collaborations in technology and semiconductor manufacturing, in addition to sharing their experience in global semiconductor innovation and industry development. Chiang Shang-Yi. Sidec said the appointments marked a strategic step in strengthening Selangor's position as a regional innovation hub and accelerating the progress of the nation's semiconductor ecosystem. The corporation developed Malaysia's first semiconductor integrated chip design park in Selangor. It is a subsidiary of Invest Selangor Bhd, which was established to drive the state's digital transformation.