Why Singapore remains a key player in the global semiconductor race

Why Singapore remains a key player in the global semiconductor race


SINGAPORE: Every smartphone, laptop, electric vehicle and artificial intelligence system runs on semiconductors.

As the global race for semiconductors intensifies, Singapore is under pressure to maintain its competitive edge.

The country produces about one in every 10 chips worldwide and accounts for around one-fifth of global semiconductor equipment output. The industry contributes about 6 per cent of Singapore’s gross domestic product and employs more than 35,000 people.

While the ongoing technology rivalry between the United States and China has reshaped global supply chains, Singapore has benefited from companies seeking to diversify their operations across Asia.




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