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Singapore to benefit from rise in long-term demand for chips: DPM Heng

He says global demand for semiconductors over the long haul "remains strong"

Annabeth Leow

Annabeth Leow

Published Wed, Aug 14, 2019 · 09:50 PM

Singapore economy

Singapore

DESPITE official forecasters' expectations of a full-year manufacturing decline here, Deputy Prime Minister Heng Swee Keat affirmed on Wednesday that the ailing semiconductor industry - which makes up about 7 per cent of the economy - will stay key to the Singapore factory landscape.

"Mor…

KEYWORDS IN THIS ARTICLE

Singapore manufacturing

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