On the wings of a global tech boom

If you are a subscriber of The Edge Singapore, chances are you are reading this story on a smartphone or laptop rather than in print. Given how prevalent electronics devices of all kinds have become, the industry ecosystem that designs and builds these gadgets and the many components residing in them has become an even more massive and complex web.

Think of electronics manufacturing and foreign names like Taiwan Semiconductor Manufacturing Company, Hon Hai Precision Industry and Samsung Electronics come to mind. However, local component manufacturers, though smaller in stature, are also punching way above their weight and standing secure in their niche market as advanced technology becomes a significant part of everyday life. 

Indeed, a December 2020 report from IHS Markit reported several Asian economies experienced strong growth in electronics exports in the second half of 2020. 

---

Related Stories

• Brokers’ Digest: CDL, PropNex, PLife REIT, KIT, SingPost, Grand Banks Yachts, Nio, Frencken, ST Engineering, UOB
• Brokers’ Digest: AEM, Prime US REIT, Hyphens Pharma, Seatrium, Valuetronics, DFI Retail Group, CDG, Centurion, Sembcorp
• DBS, Maybank and CGSI downgrade their TPs on Frencken Group amid slower recovery

---