How has Singapore been cashing in on semiconductor chips

More than 50 years on, Singapore has made its mark in the semiconductor supply chain as a global node anchored by major chipmakers. With long-term demand slated to remain robust despite the current slowdown, Insight examines what underpins the chip industry here, who the key players are, and the prospects.

Further growth in the semiconductor sector in Singapore is expected, with 2,000 or so jobs likely to be created in the next three to five years. PHOTO: ISTOCKPHOTO
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SINGAPORE - Smartphones, laptops, fitness trackers and cars may not have "Made in Singapore" engraved on them, but many of the semiconductor chips which are key to their functions may have come from the Republic.

While global chip demand has eased since the overwhelming shortages seen during the height of the pandemic, the semiconductor sector remains on an upward trend, with its growth underpinned by how integral chips have become to technology products and networks.

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