Bluechip VC Sdn. Bhd. – Growing Blue Chip Companies

Bluechip Venture Capital

Growing Bluechip Companies

Who We Are

Bluechip Venture Fund

The Bluechip Venture Fund was co-founded by Dato PY Lai and Tim Chen, both senior executives for several decades in the high tech industries, with both international and China experiences.

our team

Bluechip Team

Bluechip VC Sdn Bhd (“Bluechip”) is a prominent venture capital firm with a strong track record in managing fund. The company boasts of a diverse group of Limited Partners (LPs), including two industry leaders, three listed companies industrial experts and three notable entrepreneurs from China.

Dato' PY Lai

Co-Founder & Chairman

Tim Chen

Chief Executive Officer

CK Tan

Chief Operating Officer

Introduction to the Next Fund

Growth capital to high tech industry

Investment from international companies into Malaysia / SEA with average size of 5 – 20 million USD per investment

IPO within 3-4 years after investment

Profitable exit with reasonable and attractive valuations for targeted companies

What's Happening?

The LP’s and Management Team Met with the Chief Minister of Penang

Dialogue with Minister of Science and Technology YB Chang Lih Kang

Dialogue with Deputy Minister of Investment and Trade YB Liew Chin Tong

Dialogue with the leadership at the Chinese Embassy

Dialogue with the leadership at MIMOS

Scaling up the chip industry chain

Penang, Malaysia

The Silicon Valley of the East

Penang, known as the “Silicon Valley of the East,” is a vibrant city in Malaysia that has emerged as a major tech hub in South East Asia. Nestled on the northwest coast of Peninsular Malaysia, Penang stands as a beacon of innovation and economic prowess, particularly in the semiconductor industry.

52 Years of Industrial Development

The extensive experience has cultivated a mature and comprehensive ecosystem that supports all aspects of semiconductor manufacturing, from research and development to assembly and testing.

Contribution To Global Semiconductor Output

Penang accounts for approximately 13% of worldwide assembly and test final products. This substantial market share solidifies Penang’s reputation as a key player in the semiconductor industry, with its products reaching markets across the globe.

Pool of Talented Workforce

One of Penang’s key strengths lies in its pool of highly skilled engineers, cultivated by multinational corporations operating in the region. For instance, Intel alone boasts a workforce of over 6,000 research and development engineers in Greater Penang.

Lower Operational Expenditure

Penang offers a competitive advantage in terms of cost efficiency, particularly in comparison to other major semiconductor hubs like Shanghai and China. The cost of employing engineers in Penang is significantly lower, approximately one-third of the cost in Shanghai and half that of China.

Global Semiconductor Market
Growth Trend ($bn)

CAGR of 7.8% over the past 30 years