The Selangor Information Technology and Digital Economy Corporation (Sidec) has announced the establishment of Fitipower Malaysia Sdn Bhd, marking a new milestone in efforts to strengthen the state’s semiconductor ecosystem.
In a statement, Sidec said the company is a local subsidiary of Taiwan-based integrated circuit (IC) design firm Fitipower Integrated Technology Inc, which has begun operations at the Malaysia Semiconductor IC Design Park in Puchong.
The facility, led by Sidec, is part of Selangor’s broader strategy to position itself as a regional hub for IC design and semiconductor innovation.
Sidec said the establishment of Fitipower Malaysia highlights the growing momentum of the IC Design Park as a platform to attract global IC design companies, develop local talent, and drive Malaysia’s shift towards higher-value semiconductor activities.
The new entity will focus on research and development (R&D) in semiconductor IC design, particularly in display driver ICs, power management technologies, and edge artificial intelligence system-on-chip solutions. By tapping into regional technological resources, the company aims to accelerate innovation, expand its global footprint, and deliver long-term value.
Following the launch, Sidec also engaged with the state government and Fitipower representatives to explore further collaboration in talent development, industry partnerships, and technology innovation.
Fitipower chairman Young Lin said Malaysia’s strong engineering talent, growing semiconductor ecosystem, and supportive policies make it an ideal location for the company’s overseas R&D expansion.
Meanwhile, Selangor’s Investment, Trade and Mobility executive councillor Ng Sze Han said the move underscores the state’s commitment to advancing Malaysia’s semiconductor sector through innovation, talent development, and global collaboration.
