Large semiconductor companies collaborate with local SMEs to drive innovation and knowledge transfer.
In the evolving semiconductor sector, multinational chipmakers are increasingly focused on strengthening the local ecosystem by supporting small and medium-sized enterprises (SMEs) in Singapore. These SMEs play a crucial role in providing services, materials, and equipment to the larger chipmakers, as well as manufacturing components and spare parts for big equipment manufacturers.
To enhance this relationship, multinational semiconductor giants are working closely with the Singaporean government and trade associations to improve knowledge transfer and collaborate on pilot projects with local suppliers. This initiative aims to foster innovation, improve efficiency, and increase the competitiveness of Singapore’s semiconductor industry by involving SMEs in the broader global supply chain.
As these partnerships grow, SMEs are set to benefit from access to cutting-edge technologies, best practices, and new market opportunities, strengthening Singapore’s position as a key player in the global semiconductor market.
