The electronics and electrical industry form the core of the thriving business scenario of Singapore. With a cosmopolitan ambience along with the facility of Free Trade, potential infrastructure and acceptance of globalization Singapore forms the platform for setting up of variety of industrial sectors and attracting investors around the world. Home to a good number of wafer foundries, test operation centers and test foundries Singapore is flourishing in electronics and electrical industries. It is a lead player in production of hard disk drive and hard disk media output devices.
The electronics and electrical industry in Singapore is characterized by establishments of foreign multinationals, potential export orientation, and labor-intensive strategies. Some of the world's pioneer electronics manufacturing services (EMS) companies are located in Singapore.
The consumer-electronics sector accounted for 15% of the industry in 1992. SGS-Thomson that manufactured color TV sets, picture tubes and other electronic gadgets previously has now invested millions in its silicon wafers business in Singapore. Philips, who started its electronics business in Singapore with a transistor-radio assembly plant in the fifties, has restructured its enterprise in Singapore with several other electronic goods like CD players and CD equipments.Today the electronics industry in Singapore has undergone structural changes. Sony established a manufacturing plant in Singapore that produces high valued electronic components like optical and magnetic devices. Siemens has set up a new plant to modify its back-end assembly and test operations. The world's top chip manufacturers, like Intel, NEC, Toshiba, and Samsung have established plants in Singapore.
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