ARM Holdings expresses interest to establish base in Malaysia

PUTRAJAYA: British multinational semiconductor company ARM Holdings Plc has expressed interest in establishing a base in Malaysia, said Prime Minister Datuk Seri Anwar Ibrahim.

Anwar, who is also the Minister of Finance, said he had an online discussion with ARM’s chief executive officer (CEO) this morning.

He said Softbank Group Corp CEO Masayoshi Son also participated in the discussion.

“Regarding the design and manufacturing of semiconductors, they (ARM) are among the best in the world.

“They have chosen to base themselves in Malaysia, and we are grateful, Alhamdulillah,” he told the media after performing Friday prayers at the Sultan Alam Shah School’s mosque today.

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