Exports of E&E to increase with nanotechnology and internet of things advancement

BUKIT JALIL: The export of Malaysia's electrical and electronics (E&E) products is expected to increase by 20% to 30% by 2020 with nanotechnology and the rise of Internet of Things (IoT).
Science, Technology and Innovation Ministry deputy secretary-general Dr Zulkifli Mohamed Hashim said in 2014, total exports for E&E products was RM256 billion, driven by strong global demand for new semiconductor applications and the rapid emergence of IoT.
"The adoption of nano-electronics in manufacturing activities is still in its infancy in Malaysia and this offers a huge potential economic gain if exploited strategically," he said at the signing of four memorandums of understanding in the field of nanotechnology and the launch of the Semiconductor Technology Centre here.
He said the collaborative research between the national applied research and development agency for ICT, micro-and nanoelectronics Mimos Bhd, universities and the industry will present opportunities to drive nanotechnology as new source of growth in line with the 11th Malaysia Plan.