KPMG Indonesia, Through Yayasan Didik Negara, Signs Memorandum of Understanding With Phison Electronics

PUTRAJAYA, 6 OCTOBER 2026 —

Malaysia Strengthens AI Storage Ambitions as KPM, Phison Ink MOU to Train Hundreds of Graduates for Bursa Listing by 2028

The Ministry of Education (KPM) today signed a Memorandum of Understanding (MOU) with Phison Electronics Corporation through its foundation, Yayasan Didik Negara (YDN), to establish Malaysia AI Storage (MaiStorage) Technology Sdn Bhd—a joint initiative aimed at training hundreds of new graduates and positioning the country as the world’s fifth-largest storage producer by 2028.

The agreement, announced during the launch of MaiStorage—attended by Prime Minister Dato’ Seri Anwar Ibrahim—marks a strategic push to accelerate Malaysia’s role in the global semiconductor and AI-driven storage sector. The MOU underscores KPM’s commitment to fostering digital learning and AI-based school infrastructure while aligning with Phison’s goal of listing MaiStorage on Bursa Malaysia within the next two years.

The collaboration will see YDN overseeing workforce development, with Phison providing technical expertise and resources to train graduates in AI storage technologies. MaiStorage, a subsidiary of Phison, will focus on research and development (R&D) to bolster Malaysia’s standing in the storage hardware market, where the country currently ranks among the top five producers globally.

The initiative also aligns with broader national efforts to attract foreign direct investment (FDI) in high-tech manufacturing, particularly in AI and semiconductor-related fields.

The signing took place at the Ministry of Education’s headquarters in Putrajaya, where KPM’s Secretary-General, Dato’ Ts Dr Haji Aminuddin bin Hassim, represented the ministry. The event was part of a broader push to integrate AI into Malaysia’s education and industrial ecosystems, with MaiStorage expected to contribute to both workforce upskilling and the expansion of domestic tech capabilities.

For Malaysia, the partnership holds significant implications for economic diversification and technological sovereignty. By leveraging Phison’s global expertise—particularly in flash memory and storage solutions—the country aims to reduce reliance on foreign imports while creating high-value jobs. The next steps include finalizing training programs, securing additional R&D partnerships, and preparing MaiStorage for its planned Bursa Malaysia listing by 2028.

Related: Ministry of Education (KPM) · Putrajaya