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Singapore wins more investments from major chipmakers as they seek to de-risk supply chains

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Investments surged after a spike in the demand for electronic goods during the Covid-19 pandemic made the industry realise that it needs to add more production capacity.

Major global semiconductor players are setting up new plants and R&D campuses in Singapore, and also in other select South-east Asian countries.

PHOTO: REUTERS

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SINGAPORE – Singapore continues to assert its status as a global semiconductor production hub, with more chipmakers and related businesses moving in to set up new plants.

The total amount of investment flows may vary from one year to the next, but the trend is clear.

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