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8SINGAPOREELECTRONICSINDUSTRYDIRECTORY2024/2025TheElectronicsIndustryTransformationMapDrivinganIndustryForwardStrategicallyTheElectronicsIndustryTransformationMap(ITM)wasinitiallylaunchedin2017andsincethenhasbeenadefiningstrategicinitiativethathasalignedthegovernmentindustrypartnersunionsandtradeassociationswithitsfocusonpropellingtheelectronicsindustrytowardsafutureofincreasedproductivityhighervalueaddedproductsandaskilledworkforceMorerecentlytheelectronicsindustrysITMhasreceivedawelcomerefreshaccompanyingitsupdatednameElectronicsITM2025SpeakingabouttherenewedITMDeputyPrimeMinisterHengSweeKeatsaidTherefreshedElectronicsITMseekstorideontheglobalgrowthmomentumandcementSingaporespositionasakeymanufacturingandresearch&development(R&D)hubforhighervalueaddedelectroniccomponentsAkeycomponentofthisupdateaccordingtotheSingaporeBusinessReviewisanincreasedjobtargetthathasmovedtheindustryforwardwithitsambitionofcreatinganadditional5200PMET(professionalsmanagersexecutivesandtechnicians)jobsintheelectronicssectorby2025Tofurtheraccelerateprogressthegovernmenthasalsolaidoutplanstotrainover1000PhDsinthenext10yearsspecificallyfortheelectronicsindustryThis forward momentum is enhancing SingaporesattractivenessasapotentialinvestmentlocationforglobalelectronicsbrandsNotablyApplehasplannedaUS$250minvestmenttoexpanditscampusinAngMoKiowithconstructionexpectedtobegininlate2024SpeakingabouttheexpansionApplesCEOTimCooksharedWithourgrowingcampusAppleiswritinganewchapterinourhistoryhere……andwecantwaitformanymoredecadesofinnovationtocomeMeanwhileTaiwanchipmakerVanguardInternationalSemiconductor(VIS)isreportedtobeinterestedinbuildingitsmaiden12-inchchipfabplanthere Theinvestmentisestimated tobeworthatleast$2billionEmbracingIndustry40AutomationforEfficiencyandGrowthWhileautomationwasonceconsideredathreattoworkersintheelectronicsindustrytodayitisoftenseenasuntappedpotentialByembracingIndustry40principleswhichinvolvetheintegrationofadvancedtechnologieslikeroboticsandartificialintelligenceintomanufacturingprocessesbusinesses can achievesignificantgainsinproductivityandefficiencyThisallowsthemtocompetemoreeffectivelyontheglobalstageandrespondtotheeverchangingdemandsofthemarketAninspiringexampleofhowIndustry40isacceleratingefficiencieswhileempoweringworkerscanbeseenontheassemblylinesofelectronicscompaniesthatemploycollaborativerobots(alsocalledcobots)alongsidehumanworkersWorkingtogetherwithhumansthesecobotsperformrepetitivetaskslikesolderingandcomponentplacementwithprecisionandspeedfreeinguphumanworkerstofocusonmorecomplextasksthatrequireproblem-solvingskillsThisleadstomoreefficientandvalueaddedproductionprocessesandcruciallymorefulfilledemployeeswhoenjoytakingonhigherlevelwork(overmonotonoustasks)WhileautomationpresentstremendousbenefitsitsalsocrucialtoacknowledgethepotentialchallengesConcernsregarding jobdisplacementduetoincreasedautomationarevalidHowevertheseconcernscanbemitigatedthroughproactiveworkforcereskillinginitiativesByequippingexistingemployeeswiththenecessaryskillstooperateandmaintainautomatedsystemstheindustrycanensureasmoothtransitionandmaintainaskilledworkforceArtificialIntelligenceandMachineLearningHarnessingthePotentialofEmergingTechnologiesArtificialintelligence(AI)andmachinelearningare transforming various aspects of the electronicsefficiencydrivinginnovationandefficiencyAndasusecasesexpandAIsabilitytoenhancereal-timedecision-makingandpredictiveanalyticswillbecomeincreasinglycriticalforbusinessesaimingtostaycompetitiveinthe