![]() ![]() The American chip making giant, GlobalFoundries, also recently announced a $4 billion expansion plan in Singapore this seems to be a common theme ever since the US Chips and Science Act was passed in August with $52 billion USD, where an expansion on chip production base is focused. a leading global provider of mission-critical, real-time streaming, video networking, and visual. Both companies have committed to devote more resources to Singapore for the foreseeable future, where high land and labor costs are compensated for by the already existing supply chain. Haivision, Nokia, and Media Broadcast Demonstrate Joint Solution for Mobile and Wireless TV Production Over a 5G Campus Network at SportsInnovation 2022. Its new plant is part of their eight-year expansion plan dubbed "Singapore 2030”. Similarly, Applied Materials intends to boost its capacity to meet growing demand from its main customers, including Taiwan Semiconductor Manufacturing Co. ![]() Soitec’s investment in Singapore is part of Soitec's five-year, 1.1 billion euro capital spending program it announced in 2021 their silicon-on-insulator (SOI) wafers prevent leakage of electrical current using layers of insulation and are used in smartphones for energy efficiency. This investment in Singapore is a strategic move from Western chipmakers who are willing to accept the trade-off between capital expenditure for expertise, stability and geographical desirability. Additionally, a American semiconductor manufacturing equipment maker, Applied Materials, has declared its plans to invest 600 million Singapore dollars ($450 million USD) to expand manufacturing facilities in the city-state. With this, Southeast Asia - and Singapore in particular - seems to be the most compelling alternative.įrench substrate manufacturer Soitec will invest 400 million euros ($430 million USD) to double the capacity of its wafer plant in Singapore. The rising tension in the Taiwan Strait has also meant that companies are seeking to diversify away from Taiwan by building new plants overseas. Even with all nine ports in use, the chassis doesnt become uncomfortably warm. The US-China tech rivalry, which is partly centered on American efforts to curtail China's semiconductor industry, has meant that firms in the industry are looking to expand outside of China. ![]() This insatiable appetite for tiny computer chips seems further highlighted by the increasingly digitized world where electric cars and remote working are starting to be considered the norm. Azure Event Hubs is a scalable data streaming platform and event ingestion service, capable of receiving and processing millions of events per second. The Economic Development Board of Singapore claims that the chip-making industry is a market expected to almost double to $1 trillion USD ($1.4 trillion SGD) by the end of the decade. Big Western chipmakers are increasingly turning towards Singapore as a production hub, both to meet growing demands and to diversify their supply chain risks. ![]()
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