Home English News M’sian Govt identifies LED as most promising technology, says SME Corp CEO

M’sian Govt identifies LED as most promising technology, says SME Corp CEO

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LED 440 x215FRANKFURT, April 4  — The Malaysian Government has identified light emitting diodes (LED) as the most promising technology in terms of commercial viability from among several kinds of clean technology such as photovoltaic solar power, wind power and electric vehicles.

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Keeping in view this growth potential, the government was supporting LED and solid state lighting (SSL) companies and also helping them penetrate the global markets, thereby ensuring that the Malaysian LED industry grows in tandem with the world demand.

The demand is expected to grow by 34 per cent by the year 2020. Malaysia is considered to be one of Asia’s leading LED manufacturing nations.

In an interview with Bernama on the opening day of the Frankfurt Show, Datuk Hafsah Hashim, the Chief Executive Officer of SME Corp Malaysia, said SME Corp was an Entry Point Project under the electronics/electrical part of the National Key Economic Area (NKEA), with emphasis on the LED/SSL segment.

“The LED/SSL segment has been posting double-digit growth though the quantity exported by Malaysia is still small. LED/SSL technology is the most efficient energy form to bring down the carbon dioxide component. The LED is widely used today,” she said.

Hafsah said SME Corp was collaborating with ISI Innovation Ltd of Oxford University.

LED exports appear in the Ministry of International Trade and Industry statistics under the broad product grouping electrical and electronic products.

Meanwhile, Jan Baerwalde, the Messe Frankfurt’s spokesman for the Life+Building show, expressed satisfaction on the number of exhibitors and visitors at the show, providing some useful tips for Malaysians and Asians about current trends.

“Southeast Asia, including Malaysia, is an important region for us. The number of visitors from Hong Kong, Taiwan, Singapore, South Korea and other countries have increased,” Baerwalde told Bernama.

The six-day fair, organised by Messe Frankfurt GmbH, is the world’s biggest event for lighting and building-related services technology.

SME Corp held a seminar-cum-networking event here to tap business opportunities for seven Malaysian companies participating in the fair.

— BERNAMA