The small chips are not just driving all things electronic but also the GDPs of countries in the region. Read more at straitstimes.com.
While the chip crunch appears to be peaking, the demand for semiconductors is set to grow as these chips drive all things electronic that modern life increasingly depends on.
As chip suppliers scramble to meet demand for ever smaller and ever more powerful transistors - a market expected to almost double to US$1 trillion by the end of the decade - the future-facing industry must contend with a post-pandemic world of labour shortages, great-power rivalries and customers who want to produce the gadgets for themselves.
The Republic's semiconductor industry is one of the region's most diverse, having drawn global giants and an ecosystem of small and mid-sized firms up and downstream. The world's largest semiconductor manufacturer Taiwan Semiconductor Manufacturing Co , encouraged by the Japanese government with subsidies worth up to 476 billion yen , is building a US$8.6 billion plant with Japanese business partners.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Broadcom looks to defy chip slowdown on data center, wireless strength:Broadcom Inc forecast fourth-quarter revenue above estimates on Thursday as the semiconductor company expects resilient demand from businesses going digital to help it weather a likely chip industry slowdown.Shares of the company rose 2.4 per cent to $503 in extended trading after third-quarter results also
Read more »
Broadcom forecasts upbeat revenue on strong data center, wireless demandSemiconductor company Broadcom Inc forecast fourth-quarter revenue above Wall Street targets on Thursday, banking on strong demand for its chips used in servers and networking equipment. Shares in the company rose 2.4 per cent to $503 after the bell.Chip firms such as Broadcom are likely to benefit
Read more »
Polestar nearly doubles half-year revenue as demand soars:Polestar Automotive Holding said on Thursday it nearly doubled revenue for the first six months of the year as demand soared for the Swedish company's electric vehicles.As countries target net-zero carbon emissions and gas prices rise, demand for electric vehicles (EVs) has surged and EV makers have been scr
Read more »
Undersea internet cables vulnerable in any potential Taiwan attack, report findsA report this week that draws on a Chinese database of thousands of potential economic and military targets provides insights into how China might mount any attack against Taiwan, with a focus on submarine internet cables vital to Taipei’s globally important semiconductor industry. The report by George Mason University’s Mercatus Centre concludes that any attack on Taiwan would have enormous US...
Read more »