Established in 2000, Malaysia Microelectronic is
Malaysia Microelectronic is also the only Bumiputera-owned smartchip maker and one of five global smartchip certified suppliers for Visa and
Its chief executive officer
"As far as growth is concerned, the firm is in a good position as a big majority of the world's credit, identification and other card users still use the magnetic strips," Shafiq said in an interview, here, recently.
He said with the exception of
He said Malaysia Microelectronic will be launching the 0.18 micron smartchip in March with development, intellectual property, hardware and operating systems 100 per cent owned by the company and its Bumiputera engineers.
Shafiq said it isn't targeting big markets like the US as it does not want to compete with giants like
Malaysia Microelectronic, which has been in the black since it took over from Mimos, exports to 17 countries through commissioned factories and manufacturing partners in
It derives 97 per cent of its revenue from foreign markets with a distribution of 70 million chips.
An IS9001:2008 and a Multimedia Super Corridor-status firm, the firm developed the 1Malaysia smartchip for MyKad.
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