Next step for Malaysia’s semiconductor space

More: Alibaba’s DingTalk launches a new service. [Read from your browser]( Daily Newsletter Welcome to Tech in Asia's free Daily Newsletter! Get full access to our subscribers-only Daily Newsletter and other insightful analysis on the big and messy topics of Asia’s tech and startup community by [registering here](.  --------------------------------------------------------------- IN FOCUS In today's newsletter, we spotlight: - Whether Malaysia’s semiconductor industry [still has what it takes]( - Cloudflare’s new AI marketplace tool - Other newsy highlights such as Samsung’s new US$1.8 billion OLED factory --------------------------------------------------------------- Hello {NAME} My dad works for an IT company and has been posted in Penang for a couple of years now. The Malaysian state has been a haven for IT businesses for many years, so the move wasn’t all that surprising. About a month ago, my fiancée and I flew to Penang for a short vacation. While my dad was bringing us around, we talked a little about his work and why Penang was such a good place for companies like the one he works for. Our chat helped me see why the state, and by extension Malaysia, has become such an attractive location for IT companies and, specifically, why its semiconductor industry has been a shining star in the country’s economy. However, in today’s story, Emmanuel Samarathisa shares why the sector might need some polishing if it’s to remain that way. -- Jonathan  ---------------------------------------------------------------  THE BIG STORY The country's semiconductor sector has always been a jewel, but can it truly climb the value chain and compete with giants like Taiwan? The answer might lie in a surprising place: the very beginnings of the industry in Malaysia. [Click here]( to find out how a historical focus on low-value jobs, coupled with talent drain and restrictive policies, might be hindering Malaysia's future in this crucial tech sector. --------------------------------------------------------------- TRENDING NEWS [Cloudflare enables websites to monetize AI access]( The US-based content delivery network provider has announced plans to launch a new marketplace next year. Using this marketplace, website owners can sell access to their site’s content to AI model providers. [Alibaba’s DingTalk launches AI workplace collaboration tools]( Alibaba’s DingTalk has launched a new subscription service for AI workplace collaboration tools. Dubbed DingTalk 365, the service offers various features such as AI-supported search capabilities, a virtual assistant, and automated replies. ---------------------------------------------------------------  VISUAL STORY OF THE DAY [Hot or not: What SEA investors are betting on and what they’re ignoring]( VC funding can be a leading indicator of where in the tech industry we’re going to see more spending and jobs. --------------------------------------------------------------- THE WALLS BETWEEN DESIGN & ENGINEERING ARE COMING DOWN  Traditions are changing, and it’s pretty exciting Think you're ahead of the curve? AI is about to turn product development on its head. This evening, join the brightest minds from CIMB, Figma, Carousell, ShopBack, Pelago, and more who are ready to exchange insights on how AI is breaking down silos. Indeed, AI is building better products faster and unlocking a future where these disciplines can work together seamlessly. We’re almost at full capacity, so [apply now for an invite]( to join us later at 6 pm. ---------------------------------------------------------------  PRESS PEEKS The following press releases were published as they were received, without any editing from the Tech in Asia team. You too can publish your own press release on Tech in Asia by simply filling in [this]( page](. Our team will get back to you by the next business day. - Ultimate Fintech - [Libertex: Still Going Strong in Southeast Asia]( The global CFD industry leader continues to make its mark in the region. - Stylemyle - [Stylemyle, Innovative Start-up in online luxury fashion achieves milestone with Strategic Acquisition]( Stylemyle acquired by Italian multi-brand luxury fashion retailer ---------------------------------------------------------------  EVENTS HAPPENING You can also check out a curated list of trending tech events [over here]( and Tech in Asia’s signature events [here](.  [Elevate Your Investment Strategy at TIA Conference Jakarta | October 23 - 24]( As an investor, you know how crucial it is for you to stay ahead of the curve in the tech industry. TIA Conference Jakarta offers you a unique opportunity to connect with the most promising startups in Southeast Asia. With the Investor Pass, you'll get full access to a startup database where you can discover hidden gems with the potential for significant returns. You will also enjoy exclusive [Investor Hour]( matchmaking events with founders, five-star catered meals, and on-demand sessions. But hurry, only 50 Investor Passes remain. [Grab yours now]( before it’s too late! [Gemini Day for Startups: Indonesia on September 26]( Join Google Cloud’s Evania Jiady along with industry leaders from 3Dolphins.ai, Alfabeta, and SPUN Global as they spill the tea on what works, what doesn’t, and how to get ahead in the AI game. Expect unfiltered insights, actionable strategies, and a clear vision for leveraging AI in your own startup. Limited seats available - [apply for your invite today.]( [Tech in Asia Conference Jakarta on October 23 - 24]( As Indonesia’s startup scene continues to evolve, new opportunities emerge beyond the traditional hotspots. Join us at TIA Conference Jakarta to dive into the latest trends and discover new investment opportunities in Indonesia's maturing startup ecosystem. [Get your tickets now]( at a special rate of 30% off. This offer is valid only until October 2. [DNA Leadership Summit | Jakarta, November 14-15]( Leadership isn’t just a title; it's a superpower. Join us at the DNA Leadership Summit and learn how to harness your inner superhero. Discover the strategies that have propelled industry giants to the top and unlock your own path to success. Are you ready to lead the charge? [Sign up for free]( ---------------------------------------------------------------  WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Logistic Support]( at Aruna Sidoarjo, Indonesia - [Site Reability Engineer Corporate IT&IS]( at Kompas Gramedia Jakarta, Indonesia - [IT Business Analyst]( at Gefami Services Indonesia Jakarta, Indonesia - [Technical Community Program Manager (Argus Labs)]( at Dealls Jakarta, Indonesia - [QA Engineer (Yogyakarta Based)]( at Mekari Yogyakarta, Indonesia - [Social Media (Youtube) Intern - Girls Beyond by Female Daily Network]( at Female Daily Network Jakarta, Indonesia [ADVERTISE]( | [SUBSCRIBE]( P.S. Don't miss out on the biggest tech news and analysis. Add newsletter@techinasia.com to your address book, contacts, or safe sender list. Or simply move us into your inbox. Tech in Asia thanks our partners for supporting our newsletters. Sponsorship has no influence on editorial content. Too many emails? Switch to a different frequency or get new content through our [preference center]( or [unsubscribe](. You can also break our hearts and remove yourself from all Tech in Asia emails over [here](  ---------------------------------------------------------------  Copyright © 2024 Tech in Asia, All rights reserved. 13A Neil Rd, Singapore 088810 A member of The Business Times.