No swan song for Singapore semiconductors

Published Sun, Jun 10, 2018 · 09:50 PM

Continued from Page 1

Mr Mathur said Singapore has already "considerably" diversified its manufacturing base away from electronics. "But the problem with other industries such as pharmaceuticals is twofold: Its employment potential is low, and it is volatile owing to frequent shifts in the specific product produced.

"This tends to have an impact on the level of value addition."