AEM to see more growth, acquisition potential on persistent demand for chips

Chairman of AEM Holdings Loke Wai San.
Chairman of AEM Holdings Loke Wai San.PHOTO: ST FILE

SINGAPORE - Global chipmakers have invested heavily in their manufacturing capacities of late, spurred by a spike in demand for new electronic devices such as tablets and phones that require central processing unit chips.

Meanwhile, the need for more complex chips to power electric vehicles, data centres and mission-critical functions requiring mobile technology such as traffic management systems running on 5G has also risen.

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