Indonesia’s chip ambitions: A slow burn as it lags regional champs
Unlike Malaysia and Singapore, which boast well-established semiconductor industries, Indonesia has faced difficulties due to regulatory hurdles and a less favourable business environment
[JAKARTA] While Indonesia is strongly positioned in the automotive value chain, it has been much less successful in the semiconductor sector.
Despite possessing abundant essential semiconductor resources such as silica, nickel, tin, copper and gallium, South-east Asia’s largest economy is struggling to compete with regional powerhouses Malaysia and Singapore in carving out a niche in the booming chip sector.
The reasons behind Indonesia’s lag in this space are varied, including the lack of a comprehensive strategy, limited investor-friendly laws, a shortage of skilled workers, and insufficient infrastructure.
TRENDING NOW
Qatari LNG ship struck in Strait of Hormuz, testing US talks
DBS shares rise 1.9% to hit all-time intraday high as sentiment improves
‘Baptism of fire’: Andre Khor on leading Singapore refiner Aster through an energy crisis
Singapore retains top spot as most expensive city for HNWIs, with five Apac cities in global top 10
