Penang's Semiconductor Cluster Spillover Effect: Taiwan Plays a Key Connecting Role

AI Summary (NQ-processed)

Amid the global semiconductor supply chain restructuring due to geopolitical factors, Penang, Malaysia has become a vital hub for Taiwanese businesses expanding in Southeast Asia. Under the "China Plus One" strategy, Taiwanese companies are leveraging their extensive manufacturing experience and supply chain integration capabilities to act as a crucial link, driving the growth of supporting industries like precision plastics, protective materials, and metal processing, thus forming a tightly-knit industrial cluster.