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Factory-less manufacturers one reason behind output-export gap

The report noted that the average nominal value added per worker for manufacturing FGPFs was S$1.3 million in 2016 - well above the average of S$182,000 for the whole sector.


THE rise of the "fab-less" semiconductor company was one reason for the recent gap between Singapore's electronics output and exports, official economy watchers confirmed.

Falling prices also drove down the value of the Republic's electronics exports in the first half of...

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