Singapore attracted a record S$22.5 billion ($16.5 billion) in fixed asset investment commitments in 2022, helped by what its Economic Development Committee described as an "unprecedented semiconductor supercycle."
The development level of Singapore's semiconductor industry is very high. It has a complete industrial chain from design, manufacturing, packaging, testing to equipment, materials, distribution and other aspects, covering many internationally renowned semiconductor companies, such as Texas Instruments and STMicroelectronics. , Micron, GlobalFoundries, TSMC, UMC, Advanced Micron, ASE, etc. The development history of Singapore's semiconductor industry can be divided into the following stages:
From 1968 to 1979, Singapore began to attract foreign semiconductor companies to establish assembly and testing plants locally, such as Texas Instruments, National Semiconductor, Hewlett-Packard, etc. These enterprises brought technology, capital and employment, laying the foundation for Singapore's economic development. For example, in 1968, Singapore's National Semiconductor established an assembly and testing factory, becoming the second country in the world to enter the semiconductor foundry industry.
From 1980 to 1999, Singapore entered a period of rapid development in the semiconductor industry. Singapore has learned from Japan’s semiconductor development model, and through government guidance and support, has established a national semiconductor R&D project represented by the VLSI plan, integrating resources from industry, academia and research, improved semiconductor design and manufacturing capabilities, and narrowed the gap with the United States. technology gap. Singapore has taken advantage of the trade friction between the United States and Japan and seized opportunities in the U.S. market through flexible export strategies. It has also established cooperative relationships with Japanese companies to expand its market share in semiconductors and increase its export revenue from semiconductors.
Singapore has maintained its strategic position in the manufacturing industry. By investing heavily in semiconductor equipment and materials, it has built advanced semiconductor factories, improved semiconductor production capacity and quality, formed a relatively complete semiconductor industry chain, enhanced the competitiveness of semiconductors, and introduced More foreign semiconductor companies, such as STMicroelectronics, Chartered Semiconductor, ASE, etc., have also cultivated a number of local semiconductor companies, such as Singapore Technology Semiconductor, Singapore Microelectronics, etc. Singapore's semiconductor industry has transformed from simple assembly and testing to front-end design and manufacturing, forming a relatively complete industrial chain.
Since 2000, Singapore has entered a period of innovation and transformation in the semiconductor industry. Facing competition and changes in the global semiconductor market, Singapore has continuously strengthened its R&D and innovation capabilities in semiconductors and expanded into new application areas, such as automotive electronics, Internet of Things, artificial intelligence, etc. , and also increase the training and introduction of semiconductor talents to enhance the core competitiveness of the semiconductor industry. After the Sino-US trade war, Singapore once again consolidated its position as the "bridgehead" of the Asian semiconductor industry based on its geographical advantages. Domestic companies and well-known overseas companies have opened branches or expanded factories in Singapore.

Singapore currently has more than 300 semiconductor-related companies, including the following well-known companies:

• Texas Instruments is one of the earliest foreign semiconductor companies to enter Singapore. It currently has two wafer fabs and a packaging and testing plant in Singapore. It mainly produces analog and embedded processor chips. It is also one of the largest IC design centers in Singapore.
• STMicroelectronics is one of the earliest foreign semiconductor companies to enter Singapore. It currently has two wafer fabs and a packaging and testing plant in Singapore. It mainly produces power and automotive electronic chips. It is also one of the largest IC design centers in Singapore.
• Micron is the largest foreign semiconductor company in Singapore. It currently has four wafer fabs and a packaging and testing plant in Singapore. It mainly produces memory chips such as DRAM, NAND and NOR flash memory. It is also one of the largest semiconductor employers in Singapore.
• GF is the largest local semiconductor company in Singapore. It currently has five wafer fabs in Singapore, mainly producing logic chips, such as microprocessors, chipsets, RF and RF front-end modules. It is also the largest wafer foundry in Singapore. one.
• TSMC is Singapore's largest foreign wafer foundry. It currently has an 8-inch wafer fab in Singapore, which mainly produces analog, mixed-signal and micro-motor chips. It is also one of Singapore's largest semiconductor exporters.
• UMC, one of the largest foreign wafer foundries in Singapore, currently owns an 8-inch wafer fab in Singapore, which mainly produces analog, mixed-signal and micro-motor chips. It is also one of Singapore's largest semiconductor exporters.
• World Advanced is one of the largest foreign wafer foundries in Singapore. It currently owns an 8-inch wafer fab in Singapore, which mainly produces analog, mixed-signal and micro-motor chips. It is also one of the largest semiconductor exporters in Singapore.
• ASE is the largest foreign packaging and testing factory in Singapore. It currently has two packaging and testing factories in Singapore. It mainly provides packaging and testing services in the fields of automotive electronics, communications, computing and consumer electronics. It is also one of the largest semiconductor exporters in Singapore.
• Changdian Technology is one of the largest foreign packaging and testing factories in Singapore. It currently has a packaging and testing factory in Singapore, which mainly provides packaging and testing services in the fields of communications, computing and consumer electronics. It is also one of the largest semiconductor exporters in Singapore.
• Singapore Technology Semiconductor is the largest local packaging and testing factory in Singapore. It currently has a packaging and testing factory in Singapore, which mainly provides packaging and testing services in the fields of communications, computing and consumer electronics. It is also one of the largest semiconductor exporters in Singapore. Singapore Microelectronics is one of the largest local packaging and testing factories in Singapore. It currently has a packaging and testing factory in Singapore, which mainly provides packaging and testing services in the fields of communications, computing and consumer electronics. It is also one of the largest semiconductor exporters in Singapore.
• ASM is the largest foreign semiconductor equipment factory in Singapore. It currently owns a semiconductor equipment factory in Singapore and mainly produces chemical vapor deposition and atomic layer deposition equipment. It is also one of the largest semiconductor equipment exporters in Singapore.
• KLA, one of the largest foreign semiconductor equipment factories in Singapore, currently owns a semiconductor equipment factory in Singapore, which mainly produces wafer inspection and measurement equipment. It is also one of the largest semiconductor equipment exporters in Singapore.
• Avnet is the largest foreign semiconductor distributor in Singapore. It currently has its Asian headquarters in Singapore and mainly provides distribution services for semiconductors, passive components, interconnects, motors and power supplies. It is also one of the largest semiconductor distributors in Singapore.
• Future, one of the largest foreign semiconductor distributors in Singapore, currently has its Asian headquarters in Singapore. It mainly provides distribution services for semiconductors, passive components, interconnects, motors and power supplies. It is also one of the largest semiconductor distributors in Singapore. .
• Dalianda is one of the largest foreign semiconductor distributors in Singapore. It currently has its Southeast Asia headquarters in Singapore. It mainly provides distribution services for semiconductors, passive components, interconnects, motors and power supplies. It is also one of the largest semiconductor distributors in Singapore. one.