Commentary

S'pore's push towards advanced manufacturing a just-in-time move

Nation well placed to compete in higher-end ecosystem and is node in specialised supply chains

Jiejie Semiconductor Company employees at work in a factory in Nantong, in eastern China's Jiangsu province. China's shift into higher-value manufacturing, including semiconductors and components, has eroded the global market share of producers here,
A production operator at Sanwa Plastic's factory in Woodlands. ST PHOTO: LIM YAOHUI
Jiejie Semiconductor Company employees at work in a factory in Nantong, in eastern China's Jiangsu province. China's shift into higher-value manufacturing, including semiconductors and components, has eroded the global market share of producers here,
Jiejie Semiconductor Company employees at work in a factory in Nantong, in eastern China's Jiangsu province. China's shift into higher-value manufacturing, including semiconductors and components, has eroded the global market share of producers here, especially for microprocessors, memory chips and other electronic components. PHOTO: AGENCE FRANCE-PRESSE
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New and emerging technologies will redefine the global business landscape, especially the manufacturing sector - the keystone of Singapore's economic framework.

The speed at which new technologies are permeating every aspect of the world economy makes it an imperative for all countries to modernise their manufacturing base and the services ecosystem that supports the process.

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A version of this article appeared in the print edition of The Straits Times on March 20, 2021, with the headline S'pore's push towards advanced manufacturing a just-in-time move. Subscribe