Singapore: Electronic Sector grew 27% – Best ever in 20 Years

Posted by Joachim Bartels | Apr 7, 2011 | Uncategorized | 0 |

The Singapore electronic sector grew by 27%, treble the rate of the global electronic industry, generating S$89.9bn in output, attracting S$5.8bn investment in the sector. According to the EDB (Singapore’s Economic Development Board) the proliferation of electronic devices such as 3-D TV sets, electronic cars, iPads and mobile phones has boosted demand for electronics manufacturing.

In addition the sector has gone up-stream, instead of just assembling hard disk drives; Singapore is now concentrating on the media inside hard disk drives that records content. Singapore now holds 40% of the global market share of production of media inside hard drives. Source: Straits Times

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Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

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