Semiconductor unicorn Silicon Box vows to avoid geopolitical mire
Company will reject state-linked funds and base manufacturing on more neutral ground, says CEO
SINGAPORE’S latest tech unicorn Silicon Box, which pushed past a US$1 billion valuation after a US$200 million funding this year, intends to steer clear of the geopolitical tug of war that has jolted the global semiconductor industry.
The company’s efforts to remain neutral have influenced many early decisions – from its manufacturing bases to its sources of funding, CEO Han Byung Joon told The Business Times.
“The tension is going on, which is unfortunate. But we have to learn how to live with it,” said Dr Han of US-China relations.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Startups
Startups ditch SEA expansion for American Dream, but it’s not that simple
Sam Altman’s OpenAI signs content agreement with News Corp
Retrenched non-union Lazada employees to receive S$1,200 for training support
12 lawsuits and a liquidation later, legal brawls continue for Hearti Lab’s founder
Singapore’s Huber’s Butchery first retailer worldwide to sell lab-grown meat
OpenAI, Reddit sign partnership on ChatGPT, AI products, ads