Semiconductors power up Singapore's manufacturing output in October

Its production spiked 41.7% in October.

The semiconductors production has once again sparked a boost in Singapore's manufacturing output, which saw a 1.2% expansion in October.

According to Economic Development Board, the electronics cluster was a bright spot, as its output in October increased 24.6% YoY, after 17.9% YoY growth in September 2016.

Within the cluster, the semiconductor segment was the strongest, with output rising 41.7% YoY in October, building on the 35.9% YoY expansion seen in the previous month.

With this, a report from the SGX My Gateway said Singapore-listed stocks averaged a total return of 21.3% in the year-to-date. It tagged AEM Holdings, Avi-Tech Electronics, and Sunright as the best performers for the period.

"The strength in Singapore’s semiconductor sector is in line with data from the Semiconductor Industry Association (SIA), which showed global semiconductor sales reaching US$88.3 billion – the industry’s highest-ever quarterly sales – in CY3Q16, reflecting a QoQ growth of 11.5%," the report explained.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia