A comprehensive directory for the electronics and supporting industries in Singapore.

NEWS

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ST Electronics, Swedish firm ink MOU

Singapore Technologies Electronics has signed a memorandum of understanding (MOU) with Saab Digital Air Traffic Solutions (SDATS) to establish South-east Asia's first Centre of Excellence for airport digital towers in Singapore.

The centre will provide a test bed for best-in-class technologies, with the aim of driving the implementation of digital towers in the region.

The digital ...more

ST Engineering eyes new tech, high-growth sectors

Singapore

ENGINEERING conglomerate Singapore Technologies Engineering is intensifying its focus on new technologies and high-growth sectors as it seeks to position itself for long-term growth.

These are some of the key strategies that the group has identified to help it scale its next growth curve, chief executive Vincent Chong tells The Business Times in his first interview since ...more

Factory activity chalks up another high

Factory activity continued to expand in September to hit a new high for the 13th straight month on the back of stronger growth from the electronics sector.

The robust performance came on the back of a rise in manufacturing employment after four months of contraction.

The purchasing managers' index (PMI) - an early indicator of manufacturing activity - was at 52 last month, up by ...more

Electronics transformation map can make all manufacturing in Singapore Industry 4.0 ready

LAST week's launch of the Electronics Industry Transformation Map (ITM) by Minister for Trade and Industry (Industry) S Iswaran has been welcomed by the electronics cluster as a step in the right direction to prepare the sector for the changes that are sweeping through it, thanks to Industry 4.0. Within the manufacturing sector, an ITM for the precision engineering cluster was launched last year.

The ...more

August output powers ahead; 19% jump expected to boost Q3 GDP

Singapore

SINGAPORE'S factory output extended its winning streak of double-digit expansion for the third consecutive month, boosting the upside for third-quarter economic growth.

Industrial production jumped 19.1 per cent year on year in August, powered by the still-strong key electronics cluster and bolstered by double-digit growth in the volatile biomedical manufacturing cluster.

The ...more

Rise of robot co-workers as new tech transforms factories

Workers in factories here are increasingly being trained to work alongside robots, in line with a wave of new technologies sweeping across the manufacturing sector.

Companies told The Straits Times that workers who are well versed in emerging skills such as data analytics are in demand, especially as firms fight to maintain their edge amid shortening product cycles and stiff global competition.

These ...more

Two-pronged battle plan to keep electronics sector fighting fit

Singapore

INDUSTRY Minister S Iswaran has called on Singapore firms to stand shoulder to shoulder with the government to transform the electronics sector, one of the cornerstones of the Singapore's economy.

Speaking at the launch of the Electronics Industry Transformation Map (ITM) on Wednesday, the Minister unveiled a two-pronged strategy to ensure electronics continues to grow ...more

Micron selling Ang Mo Kio facility for US$30m

Singapore

US-BASED global semiconductor company Micron Technology is selling its wafer fabrication facility along Ang Mo Kio Avenue 12 to STMicroelectronics for US$30 million or S$40.9 million.

The facility comprises two buildings - one is three storeys high and the other, six storeys with a basement - sitting on a total land area of 35,840 square metres (385,778 sq ft) and with a ...more

Factory activity rises for 12 months in a row

Factory activity rose for the 12th straight month in August, posting the highest reading since November 2014 as electronics production surged to its best showing in nearly seven years.

The purchasing managers' index (PMI) - an early indicator of manufacturing activity - posted a reading of 51.8 last month, up 0.8 point from July's reading of 51.

A reading above 50 points to growth ...more

No to durians, but 'yes' to high-tech farming

THE durian question had to be popped right at the beginning of the interview. Given declining margins in its electronics components distribution business, is Excelpoint Technology about to tread the path of Singapore-listed counterpart Serial Systems, which invested into durian pur�e manufacturing among other random businesses? After all, with net profit margins of 0.5 per cent, surely Excelpoint ...more

From electronics to selling durians to the Chinese

Serial System is looking to the king of fruit for its next growth breakthrough.

The largest electronics component distributor listed on the Singapore Exchange is entering into a joint venture to invest in a Malaysian durian company.

Serial System executive chairman and chief executive officer Derek Goh told The Straits Times he expects higher profit margins in the durian business ...more

Micro-Mechanics Q4 profit up 61% on global semiconductor industry boom

Singapore

MICRO-MECHANICS, a Singapore-listed maker of precision tools and parts used in the semiconductor industry, reported on Monday that its net profit for the fiscal fourth quarter ended June 30, 2017 jumped 60.9 per cent from a year ago to S$4.6 million.

Its revenue grew 19.5 per cent from the previous year to S$15.4 million for the quarter - reflecting a strong growth in the ...more

Electronics continues to power exports in July

Exporters started the second half of the year on a strong footing, but some economists are warning that the good times might not last.

The pickup in global trade that has benefited Singapore is threatening to moderate in the coming months on slower growth in China, they said.

Electronics shipments were still the key driver behind Singapore's robust trade performance as non-oil domestic ...more

He left college at 21 to start firm

UMS Holdings chief executive Andy Luong has big plans lined up for the precision engineering firm, as the global semiconductor industry is on the cusp of yet another boom.

The growth will be driven by mega trends in technology, such as the Internet of Things (IoT), autonomous vehicles, cloud computing and artificial intelligence.

"People talk about cloud computing, smart machines, ...more

Jump in June factory output sees economists revising upwards Q2 GDP growth estimates

Singapore

BETTER-than-expected industrial production numbers in June have led economists to expect Singapore's gross domestic product (GDP) growth for the second quarter to be upgraded to closer to 3 per cent, up from the latest flash estimate of 2.5 per cent.

Singapore's factory output went up 13.1 per cent last month from a year ago, making it the 11th straight month of expansion, ...more
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