GEORGE TOWN, May 18 -- The semiconductor industry in the country, including in Penang, remains stable despite the prolonged conflict in Middle East, said Finance Minister II Datuk Seri Amir Hamzah Azizan

He said the conflict, which has entered its third month, has indeed posed challenges, especially rising global oil prices and the supply of several critical materials for the semiconductor industry.

He said there are several important raw materials in the semiconductor industry that had previously faced supply pressures following instability in the Middle East.

"Global industry players have now begun adjusting their respective supply chains by seeking alternative sources to reduce dependence on conflict-hit regions," he said in a press...