ELECTRONIC MANUFACTURING INDUSTRY IN SINGAPORE
INTRODUCTION
Singapore Electronic Industry started 50 years ago in the 1960s with its first and only TV Assembly plant in Southeast Asia. And today, Singapore Electronic Industry has become the backbone of Singapore’s economy, contributing 5.3% of the Gross Domestic Product (GDP) in 2013, 29% of total manufacturing output, and employed 80,000 workers, representing 19% of the total manufacturing labour force in Singapore (EDB, n.d).
Due to the fragmentation of electronics production across East Asia and the loss of competitiveness in lower-end assembly operations due to overall high wages in Singapore. Majority of the consumer electronics and basic IT assembly operations have moved to lower wage …show more content…
However, during the economic recession in 2001, Singapore Electronic Industry saw a sharp drop in export as global electronic demand slows down. Together with the overall higher wages in Singapore, lower end assembly operations moved to lower wages countries and increased in export of non-electronics products, particularly in pharmaceuticals. The downturn of this industry caused the total manufacturing output of electronic industry reduced to 29% in …show more content…
These requirements affect 170 companies operating 200 large energy consuming premises and are requirement to develop an energy efficiency improvement plans annually.
Electronic companies were also advised to adopt an alternative to NF3. A system made by Linde, splits NF3 into fluorine and has no global warming risk. However, the system required an upfront investment that smaller manufacturers might shy away unless it becomes a compulsory requirement under government policies (Patel-Predd, 2008).
CONSUMER OPINIONS ABOUT THE PRODUCT
Singapore consumer loves electronic goods. Consumer electronics such as radios, TV sets, MP3 players, stereo systems, DVD players, desktop computers, laptops, tablets and smartphones has a combined revenue of US$598m in 2016 and is expected to grow at 12% per annum and set to hit a market volume of US$1,052m in 2021 (Statista, n.d).
REFERENCES
EDB. (n.d). Electronics. Retrieved October 1, 2016 from https://www.edb.gov.sg/content/edb/en/industries/industries/electronics.html
NCCS. (2013). Singapore to Improve Energy Efficiency of The Industry Sector. Retrieved October 1, 2016 from
INTRODUCTION
Singapore Electronic Industry started 50 years ago in the 1960s with its first and only TV Assembly plant in Southeast Asia. And today, Singapore Electronic Industry has become the backbone of Singapore’s economy, contributing 5.3% of the Gross Domestic Product (GDP) in 2013, 29% of total manufacturing output, and employed 80,000 workers, representing 19% of the total manufacturing labour force in Singapore (EDB, n.d).
Due to the fragmentation of electronics production across East Asia and the loss of competitiveness in lower-end assembly operations due to overall high wages in Singapore. Majority of the consumer electronics and basic IT assembly operations have moved to lower wage …show more content…
However, during the economic recession in 2001, Singapore Electronic Industry saw a sharp drop in export as global electronic demand slows down. Together with the overall higher wages in Singapore, lower end assembly operations moved to lower wages countries and increased in export of non-electronics products, particularly in pharmaceuticals. The downturn of this industry caused the total manufacturing output of electronic industry reduced to 29% in …show more content…
These requirements affect 170 companies operating 200 large energy consuming premises and are requirement to develop an energy efficiency improvement plans annually.
Electronic companies were also advised to adopt an alternative to NF3. A system made by Linde, splits NF3 into fluorine and has no global warming risk. However, the system required an upfront investment that smaller manufacturers might shy away unless it becomes a compulsory requirement under government policies (Patel-Predd, 2008).
CONSUMER OPINIONS ABOUT THE PRODUCT
Singapore consumer loves electronic goods. Consumer electronics such as radios, TV sets, MP3 players, stereo systems, DVD players, desktop computers, laptops, tablets and smartphones has a combined revenue of US$598m in 2016 and is expected to grow at 12% per annum and set to hit a market volume of US$1,052m in 2021 (Statista, n.d).
REFERENCES
EDB. (n.d). Electronics. Retrieved October 1, 2016 from https://www.edb.gov.sg/content/edb/en/industries/industries/electronics.html
NCCS. (2013). Singapore to Improve Energy Efficiency of The Industry Sector. Retrieved October 1, 2016 from