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Singapore chips demand may last despite shock October export dip

Pick-up may be more visible in Q2 or second half of 2021, say some analysts

Annabeth Leow
Published Tue, Nov 17, 2020 · 09:50 PM

Singapore

SHIPMENTS of integrated circuits ebbed in October, catching economy watchers off guard after earlier signs of an export growth rebound in Singapore's linchpin electronics cluster.

Still, the electronics sector is expected to overcome trade tension speed bumps and continue its global upswing to drive the underlying pick-up in non-oil domestic exports (NODX).

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