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

NEWS

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Mazak opens new additive manufacturing plant in S'pore

Singapore

PRECISION engineering company Yamazaki Mazak Singapore ventures into advanced manufacturing with the opening of a new additive manufacturing solution centre here on Tuesday for its 25th anniversary.

The company also officiated the expansion of its tooling and machine tool production facility, and launched its green energy initiative. The event was attended by Senior Minister ...more

April factory output beats forecasts with 6.7% growth; focus now on weaker clusters

Singapore

SINGAPORE'S factory output in April performed better than expected, but economists are saying that it is near its peak performance. This is because the electronics cluster's expansion, which has driven much of overall output growth, is expected to slow down.

What matters now, they said, is when the weaker clusters will start catching up to stabilise economic growth.

Nomura ...more

Austria's ams AG unveils S$500 million new plant in Singapore

Singapore

AUSTRIAN high-performance sensor solutions supplier ams AG on Wednesday officially opened the new manufacturing facility of Heptagon Micro Optics Pte Ltd, a member of the ams group, in Singapore.

Heptagon's S$500 million investment in the new 300,000-square-foot Ang Mo Kio facility and equipment over two years constitutes the largest investment in the precision engineering ...more

SATS seeking to ramp up productivity with innovation

Singapore

GROUND-HANDLER SATS is aiming to boost productivity further as it implements new technological solutions for its business units, ranging from cooking robots to a smart wheelchair system.

The Civil Aviation Authority of Singapore (CAAS), the Economic Development Board and SATS have collectively committed to invest some S$110 million towards a new technology innovation "centre", ...more

A self-cleaning, talking robovac

THE one thing I hate more than having a dirty house is cleaning said dirty house. So thank the world of tech for the robotic vacuum cleaner, an invention that at its birth - said to have been in 1996, on the BBC science programme, Tomorrow's World - seemed almost too good to be true.

These gadgets, known also as robovacs or floorbots, can be programmed to clean your floors or rugs when you ...more

Hi-P turns around with S$8.4m Q1 profit despite revenue fall

Singapore

MANUFACTURER of consumer electronics Hi-P International has reversed from a S$12.4 million net loss a year ago to register a net profit of S$8.4 million for the three months ended March 31, 2017.

This comes even as it saw an 11.4 per cent drop in revenue to S$244.2 million.

Details of its first-quarter results were released on Thursday. No dividend was declared.

Singapore-based, ...more

8th straight month of growth in factory sector

The improving global economy has helped to lift Singapore's manufacturing sector but the run of strong growth seems to be showing signs of tapering off.

The purchasing managers' index (PMI) - an early indicator of manufacturing activity - logged its eighth straight month of expansion in April.

The PMI came in at 51.1 last month, a slight dip from March's 51.2 reading. A reading ...more

Industry 4.0 smarts vital to maintain Singapore's edge in manufacturing

SINGAPORE'S faster-than-expected expansion of manufacturing output in March, by 10.2 per cent, has cheered economists who now say that first-quarter gross domestic product (GDP) may have expanded at a faster rate than previously thought.

On a three-month moving average basis, manufacturing output rose 8 per cent in March compared to the year-ago period.

The importance of the manufacturing ...more

Explosive electronics demand expected to propel Q1 GDP growth

Singapore

SUSTAINED strong demand for electronics in the region has led to a faster-than-expected expansion in Singapore's manufacturing output - and potentially its economy.

Some economists, after seeing the strong expansion in industrial production in March, now say that the trade-reliant city-state's gross domestic product (GDP) in the first quarter is expected to have expanded ...more

Robotic process automation firm raises US$30m to fund expansion

Singapore

ROBOTIC process automation (RPA) software company UiPath has received Series A funding of US$30 million that will help accelerate its global expansion and product development, as it aims to turn itself into an artificial intelligence-centric (AI-centric) firm in two years.

Founded in Romania, the United States-based company on Thursday said the funding is led by Accel, with ...more

ST Kinetics to develop autonomous vehicles

Singapore

ST Kinetics will develop two autonomous buses and four self-driving shuttles here in its first major non-defence venture, with the results of this commercial undertaking likely to be exported to other cities with similar land transport challenges.

The unit of ST Engineering will partner the Land Transport Authority (LTA) to conduct trials for the autonomous buses, which ...more

March manufacturing growth points to potential recovery

Singapore

SINGAPORE'S manufacturing sector expanded more quickly in March, recording its seventh consecutive month of expansion and thus signalling a possible manufacturing recovery.

The Purchasing Managers' Index (PMI), a leading economic indicator, showed a 51.2 reading - the highest since November 2014, compared to February's reading of 50.9.

Economists described the pickup ...more

Factory output up 12.6%, beating expectations

The buoyant mood in manufacturing continues unabated as the sector logged yet another month of better-than-expected growth.

Factory output surged 12.6 per cent in February over the same month last year - stronger than economists' expectations of a 10 per cent rise.

The sector, which makes up one-fifth of the economy, is benefiting from a more sanguine global outlook and strong demand ...more

ST Engineering to enter new phase of growth: CEO

Singapore

SINGAPORE Technologies (ST) Engineering is set to enter a new phase of business to address its flat growth, chief executive Vincent Chong revealed in an interview published in the firm's 2016 annual report.

In his first public comments about the group since taking over as chief executive last October, Mr Chong said that he plans to increase cross-sector collaboration within ...more

NODX up 21.5% in February, the biggest rise in 5 years

Singapore

NON-oil domestic exports (NODX) surged 21.5 per cent year-on-year in February, beating market expectations and expanding for a fourth straight month.

The rise, the strongest on-year growth in five years, came after an increase of 8.6 per cent in January, 9.1 per cent in December and 15.6 per cent in November.

Private-sector economists expect the expansion to continue ...more
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