Trading In Hardware Companies in Malaysia

The Malaysian government has been promoting the development of the country's hardware industry, with the goal of making Malaysia a regional hub for the sector. In order to achieve this, the government has been offering incentives and support to hardware companies operating in Malaysia.

One of the most important incentives is the tax exemption for hardware exports. This exemption has been in place since 2007, and has been extended several times. It has been a major factor in attracting foreign hardware companies to set up operations in Malaysia.

Another incentive is the Hardware Incubation Programme, which was launched in 2011. The programme provides funding and support to hardware startups in Malaysia. It has been successful in nurturing a number of successful hardware companies in Malaysia, such as TinyCircuits and MyoBand.

The Malaysian government is also working on improving the country's infrastructure to support the growth of the hardware industry. For example, the government is building a dedicated hardware park in the Iskandar region of Johor, which is slated to be completed in 2020. This park will provide a one-stop-shop for hardware companies, with facilities for research and development, manufacturing, and logistics.

The Malaysian government's efforts to support the hardware industry are bearing fruit. The country is home