Malaysia's integrated circuits production exhibited significant variability from 2013 to 2023. Starting at approximately 35.69 billion units in 2013, production dipped to 24.61 billion units in 2014, then experienced a series of fluctuations, culminating at 60.37 billion units in 2023. The year-on-year growth rates varied widely, with notable drops in 2014 and 2019, and substantial growth observed in 2020, 2021, and especially 2022. The compound annual growth rate (CAGR) from 2019 to 2023 stood at 15.14%, indicating robust recent growth.
Looking ahead, from 2024 to 2028, production is projected to grow steadily, reaching 85.88 billion units by 2028. The forecasted 5-year CAGR is 5.54%, suggesting a more moderated yet sustained growth phase. Key factors to monitor include technological advancements, market demand, global supply chain dynamics, and Malaysia's investments in semiconductor manufacturing infrastructure.
