Intel might not have a plant in our garden city-state, but several other players, such as GlobalFoundries, Siltronic, and United Microelectronics Corporation (UMC) have entrenched semiconductor operations in Singapore.
GlobalFoundries (GF) is the latest to bring good news and create 1,000 high-value jobs in Singapore. First completed in June 2022, GF has just announced the official opening of its S$5 billion expansion of its current wafer fabrication facility, adding over 23,000m2 of clean room space.
In recent times, there has been a massive shortage of semiconductor production capacity due to the ripple effects of the pandemic era, as well as the massive demand in telecoms, IoT devices, autonomous vehicles, smart factories, cloud computing and more, straining existing supply chains for chips of all kind to address the processing power demands of modernization and new expectations such as AI in the cloud and at the edge. This is why Globalfoundries announced in 2021 that it would expand and invest in building a chip manufacturing plant in Singapore to meet the new demands.
With GlobalFoundries’ new expansion facility, Singapore’s current total semiconductor output of 11 per cent of the global semiconductor market is only set to grow, thus helping to meet the country’s goal to expand its manufacturing sector.