Malaysian technology companies secured more than MYR 450 million ($115.09 million) in potential export opportunities at SusHi Tech Tokyo 2026, driven by growing international demand for artificial intelligence (AI), smart mobility and autonomous technology solutions, according to the Malaysia Digital Economy Corporation (MDEC).

MDEC said in a statement on Wednesday that the memorandum of understanding (MoU) between Malaysian company CitySage Sdn Bhd and Japan-based Eight Knot Inc. was facilitated under MDEC’s leadership of Malaysia’s participation at the event.

The collaboration marks a significant step forward in Malaysia and Japan cooperation in smart mobility solutions.

This partnership combines CitySage’s AI-powered urban insights with Eight Knot’s autonomous navigation technology to explore smart water mobility applications, including the identification of high-potential maritime routes aligned with coastal development and infrastructure planning.

The CitySage-Eight Knot collaboration forms part of a broader export pipeline facilitated by MDEC, reflecting strong global demand for Malaysian digital and sustainability-driven solutions across AI, robotics and autonomous systems, urban resilience and climate technology, food technology, GovTech and smart cities.

Several initiatives are already progressing towards commercial validation through pilot deployments.

MDEC Chief Executive Officer, Anuar Fariz Fadzil, said participation at SusHi Tech Tokyo 2026 reflects MDEC’s continued efforts to expand global market access for Malaysian technology companies. “The partnerships and export opportunities facilitated through this platform demonstrate the readiness of Malaysian digital solutions to scale internationally, as we build a future-ready, AI-driven digital economy by 2030.”

Throughout the program, MDEC facilitated over 150 business meetings between Malaysian companies and potential partners, covering areas such as AI, fintech, robotics and semiconductor, reflecting strong interest in Malaysia’s innovation-driven digital solutions.

In a separate statement on Thursday, the Malaysia External Trade Development Corporation (MATRADE) said it has secured MYR 126.42 million ($32.33 million) potential exports at SEMICON Southeast Asia 2026.

According to the statement, Malaysia’s electrical and electronics (E&E) sector remains the backbone of the country’s manufacturing exports, contributing 44.3 percent of total exports in 2025, valued at MYR 711.44 billion ($181.93 billion), representing an almost 29-fold increase over a 35-year period.

Notably, the period from 2015 to 2025 alone accounted for a large share of this increase, with exports more than doubling, indicating an acceleration in growth in the most recent decade.

Semiconductor devices, integrated circuits (ICs), transistors and valves continue to dominate E&E exports, accounting for 65.4 percent share valued at MYR 465.62 billion ($119.08 billion) last year.

Malaysia is currently ranked among the top global exporters of E&E products and remains a key player in the global semiconductor ecosystem, particularly in the outsourced semiconductor assembly and test (OSAT) segment, said the statement.

Malaysia records $1.68B digital exports between 2024 and the first half of 2025