A SIGNIFICANT portion of Singapore’s economic growth stems from exports, with a notable focus on electronics. This underscores the importance of closely examining its manufacturing sector, particularly the semiconductor industry.
We anticipate a pivotal moment in the global semiconductor landscape – we project a 40 per cent year-on-year growth in chip sales by the second quarter of 2025. This forecast is underpinned by the expectation that chipmakers will experience a structural surge in demand as the world becomes increasingly digitalised, potentially resulting in increased semiconductor applications and higher silicon content.
Despite the prevailing sales downturn, we anticipate that adjustments...
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