News

  • 24
    Dec

    Semiconductor outlook remains bright despite electronics downcycle : EDB

    The Business Times by JANICE HENG

    Singapore THOUGH the global electronics cycle is easing from its peak, Singapore Economic Development Board (EDB) director for semiconductors Pee Beng Kong highlighted bright spots ahead, with investments made in 2017 and 2018 - by firms such as AAC,… More

  • 18
    Dec

    Chip testing firm backed by semiconductor veteran plans Catalist listing

    The Business Times by KENNETH LIM, JAMIE LEE

    Singapore SEMICONDUCTOR industry veteran Ricky Lee, who played key roles in listing Norelco Centreline Holdings and ETLA, is back for another initial public offering (IPO) as the controlling shareholder of Grand Venture Technology. Grand Venture, a… More

  • 11
    Dec

    Nico Steel forges ahead with new higher-margin strategy

    The Business Times by LEILA LAI

    Singapore A STRATEGY shift to focus on products that command higher margins on lower volumes has borne fruit for metals supplier Nico Steel, as its net profit recently soared to US$121,000 for the half-year ended Aug 31, up from US$1,000 a year ago.… More

  • 28
    Nov

    Semiconductor firm SSMC opens S$300m facility

    The Business Times by JANICE HENG

    Singapore SEMICONDUCTOR firm Systems on Silicon Manufacturing Company (SSMC) expanded its footprint in Singapore on Tuesday, with the opening of its S$300 million Annex 10 clean room. Connected to SSMC's existing Pasir Ris factory via a link bridge,… More

  • 28
    Nov

    US firm sets up US$1.4m photonics innovation centre in Singapore

    The Business Times by CLAUDIA CHONG

    Singapore PHOTONICS - the science behind how we transmit information using light - is nothing new, but what is exciting now is the vast range of applications it offers to businesses, said Rich Hueners, vice-president of global sales and managing director… More

  • 15
    Nov

    Tapping opportunities in semiconductor sector

    The Straits Times by SEOW BEI YI

    With semiconductors being key to emerging technologies such as artificial intelligence, smart factories and autonomous vehicles, Singapore is positioning itself to take advantage of the opportunities that lie ahead in this industry. In doing so, the… More

  • 02
    Nov

    Global Invacom pushes ahead with Tactilis acquisition despite dissent

    The Business Times by LYNETTE TAN

    Singapore SATELLITE communications equipment provider Global Invacom Group is pressing on with its proposed acquisition of Tactilis, valued at US$200 million, despite three dissenting directors on its board of seven. Queried on that during an interview… More

  • 26
    Oct

    New lab, scholarships to boost electronics sector

    The Straits Times by TIFFANY FUMIKO TAY

    A new research laboratory that aims to help develop advanced semiconductors that are more efficient and cheaper was launched yesterday, along with $1.5 million in scholarships to grow the pool of talent in the electronics sector. The $70 million lab… More

  • 24
    Oct

    Bladeless-fan maker Dyson to make electric cars in Singapore

    The Straits Times by CHRISTOPHER TAN

    Home-appliance maker Dyson said yesterday that it will make electric cars at a facility in Singapore. The plant, at a location which the British company refused to reveal, will be ready by 2020. Neither would it say much about the car when quizzed,… More

  • 23
    Oct

    Spearheading transformation in the semiconductor industry

    The Business Times by FABRIANA PHUAH AN TING,GUAY HUI MIN,MICHELLE LIM SUET YING,SENG SHAN YING

    THE journey of Feinmetall Singapore began when general manager Sam Chee Wah set sights on Singapore's strong institutional support for SMEs. Recognising that he could tap into a strong talent pool in Singapore's growing knowledge economy, he took a… More