Recent news reports indicate that the Malaysian company SkyeChip Sdn is contemplating an initial public offering (IPO) as early as the second half of this year. This potential move highlights the country’s ambition to foster its own semiconductor industry. Founded in 2019, SkyeChip is focused on developing semiconductor technologies. The company aims to achieve a valuation exceeding 1 billion ringgit (approximately 226 million USD) during its IPO.