VSMC has officially opened its new semiconductor manufacturing facility in Singapore, marking a significant milestone in the city-state’s high-tech sector. The plant will produce specialty chips ranging from 40 nanometre (nm) to 130 nm, supporting a variety of advanced electronics and industrial applications.
Semiconductors play a vital role in Singapore’s economy, representing approximately 8% of GDP and employing 10% of the workforce. According to the Economic Development Board (EDB), Singapore contributes 10% of the global semiconductor supply and manufactures 20% of the world’s semiconductor equipment, underscoring its strategic importance in the global technology supply chain.
The expansion of semiconductor manufacturing highlights Singapore’s position as a global hub for innovation, high-tech production, and investment, offering opportunities for suppliers, service providers, and technology partners.
At NS Global Consultants Pte. Ltd., we support businesses in the semiconductor and high-tech sectors with corporate secretarial, bookkeeping, compilation, and tax services, ensuring compliance, financial efficiency, and smooth operational setup for companies navigating Singapore’s complex regulatory landscape.