Chip Firms in Malaysia Pause Investment Plans on Tariff Angst

Chip firms in Malaysia are holding back on investment and expansion as they await clarity on tariffs from the US, according to Malaysia Semiconductor Industry Association President Wong Siew Hai.

The companies are hoping that the US government would continue to exempt semiconductors from tariffs beyond Aug. 1, the deadline for higher levies announced by President Donald Trump, Wong said in an interview with Bloomberg TV’s Haslinda Amin.