SSIA reaffirms commitment for global industry collaboration

This will boost the country’s semiconductor supply chains.

The Singapore Semiconductor Industry Association (SSIA) strengthened its commitment to collaborate with industry leaders and government agencies to further support the building of a sustainable and resilient supply chain.

In a statement, SSIA Executive Director Ang Wee Seng said Singapore has faced various transformations from a labour-intensive assembly hub into a research and development base for technologies such as artificial intelligence.

“In today’s world of economic uncertainties and frequent supply chain disruptions, the need for countries to collaborate collectively has never been more pressing. Disruptions in one part of the world can have a domino effect, compromising productivity and prompting delays in several countries and industries,” Ang said.

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“Therefore, it is in everyone’s interest to work together, share knowledge, and devise strategies that ensure the smooth running of this vital industry. Fostering global collaborations will fortify the semiconductor supply chain, boosting its resilience to adapt to the dynamic shifts in the global landscape for the future,” he added.

Currently, Singapore’s semiconductor industry is focused on growing and developing the workforce, strengthening and growing the local ecosystem, and driving towards sustainability.

The workforce has also shifted to adaptable expertise from precision skills, now focusing on upskilling and preparing for Industry 4.0 opportunities.