Business Opportunities in Singapore
Electronics and Precision Engineering
The
electronics and precision engineering sector is the main driver of Singapore's
manufacturing industry, and it's growing steadily. Several sub-sectors are shaping
up with new growth engines, with leading companies expanding their presence in
Singapore.
AFPD, a Toshiba-Matsushita joint venture established in
November 2002, opened the world's largest production plant
for low-temperature polysilicon thin-film transistor LCD
at Singapore's Advanced Display Park. This marked the
birth of Singapore's advanced display industry, one of
the sub-sectors earmarked for rapid development.
In January 2003, Taiwan-based United Microelectronics
Corporation (UMC), the world's second biggest maker of made-to-order chips, started
moving equipment into its new wafer fab plant at the Pasir Ris Wafer Fab Park.
The 300-mm wafer foundry - UMC's first in Singapore - will be run by UMCi, a US$3.6
billion tripartite venture between UMC, Germany-based Infineon Technologies and
EDB.
Sanmina-SCI, the world's third largest electronics manufacturing
service provider, is one of many that have made Singapore its regional headquarters.
Seagate Technologies, the world leader in storage products, has extensive operations
in Singapore, including the Factory of the Future. It recently announced plans
to build a new S$200 million plant for the world's largest recording media. EDB
is keen to see more companies in electronics and precision engineering use Singapore
to manufacture high value-added products, carry out R&D, create and manage
intellectual property, and manage regional operations. The
sub-sectors of particular interest are: - Semiconductors
- Electronics
Manufacturing Services, Storage and Peripherals
- Electronic
Modules and Components
- Precision Modules and Components
- Machinery
and Systems
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