A lot has been write on our automobile industry especially proton recently. However, Malaysia has been transform from production or industrial economy to New economy as it unable to compete with China on production economy.
Traditional production economy or industrial economy cycle start from labour intensive industry like textile industry. Then it move to capital intensive industry like steel industry when accumulated enough capital from labour intensive industry. It subsequently would move to technology intensive industry like automobile industry.
Labour intensive----->Capital Intensive----->Technology Intensive
Textile industry------>Steel industry--------->Automobile industry
All new industrialized economy like Japan, Korea, Hong Kong and Taiwan go through that cycle. India's Tata Group also go through that cycle. However, with US quota on textile industry, Malaysia, Thailand and now China unable to leverage on textile industry.
Steel industry's product is a raw material for all industry product. Every industry's product comprise steel. It is an essential component of industry economy.
Whereas automobile industry is an engine of growth for the whole economy. , General Motor and Ford in US is the largest company in US previously. Like Merces in German and Toyota and Honda in Japan. Japan and German economy flourish due to it automobile industry.
In Malaysia, Supplier of Proton and Perodua used to comprise a large portion of company listed on Seond board of Bursa Malaysia.
However, If you look at Taiwan experience. It's electrical appliance industrial. Like textile industry, is labour intensive and export driven.
Semiconductor industry like steel industry. Semiconductor is like steel in industrial economy. Semiconductor are component in every product now. From electrical appliance, computer, automobile and computer.
Automobile industry or engine of growth in new economy is computer industry. If you look at Taiwan experience, Acer Computer, a renown brand in Taiwan personal computer industry able to have the same economic effect of Proton in Malaysia.
Thus, the Taiwan experience is:
Labour Intensive----->Capital intensive----->Technology intensive
Electrical Appliance----->Semiconductor--->Personal Computer
In Taiwan, it is the personal computer industry that drive the economy rather than automobile industry. Acer rather than Proton that drive the economy.
Do we have a personal computer company that able to create an economy effect like Acer in Taiwan. The potential is Mesdaq listed Ftec Resources Bhd.
Ftec started from a humble beginning like founder of Dell. It is sad to heard that it involve in an InventQjaya like crisis. Some directors of the company it invested in South Korea gone missing together with money its invested.
With every one focus on Proton. I feel we should put our focus on personal computer, laptop and notebook industry.
I feel government department should purchase computer from our only listed brand. Private sector also give it support to create a Malaysian's Acer.
Everybody would benefit if we able to create a Malaysia's Acer. It spillover effect
would benefit everybody in IT industry specifically and whole economy generally.
Why spend time on less competitive automobile industry. Spend your time to draft a National Computer Master Plan, incentive or protection policy on personal computer industry.
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