What Malaysia Need?

We have been focusing on new and emerging technology on electronics Industry, but we forgot to look back at why those 'giant' gain rank in this industry. As such:

1. No Anchor.

I would like to take 2 example, Japan and Korea. Japan has many electrical appliances companies that produce variety of products. As we all know, electrical products is combination of technology from electronics, chemical and mechanical. Sharp start their business producing mechanical pencil, then move to electronics calculator. Later they started to produce TV and other electrical products. Since they own the products, they have the knowledge and capability to go through the market.

In Korea, Samsung. Why they can design high tech products is the same reason as above. They own the technology and they can control the market. In Malaysia, we do have electrical appliances manufacturer as such Pansonic, ECE and Khind. In fact, Pansonic is one of the top brand in India. That means we have the capability. Most of Malaysian brand company, they intend to produce existing products by 'copying' other giant. Less R&D effort to be made. No investment in Pilot Plant. As such, to sustain in the market is quit competitive. Maybe we can compete in 2nd tier market, but don't we have dreams to be known and stand beside Sony, Sharp, Samsung and others. If we have the man power, where should they contribute?

2. Human Capital

We have thousands of high quality engineers. But why our technology is still behind. Nowadays, those engineers were attracted to MNCs which can pay higher, and left the last qualifier to operate in local companies. Some others move to Singapore due to currency exchange. Universities should go through their 'inputs' and focus how train they graduate to be high achiever. Take MIT for example. Giants around the world acknowledge them. What about UTM, UKM, UM, UiTM, MMU, UIA, UniSEL and others? Government should encourage Universities and Higher Education Institutions to work together with these companies. We don't want high result graduate but unable to apply it in the market.

3. Focusing on New Investment only

To develop more technology, investment in high tech is a much. As such, not only we can focus on New investors to knock our door, why don't we ask those existing companies to move up the value chain. New incentives and promotion should be put to those who want to develop and invest in Research and Development. MiGHT, an agency under MOSTI has take thoce lead by promoting the Innovation award. Let see where it will lead in 5 years time.