Singapore’s Electronics Industry Transformation Map

By • on November 17, 2017

The OpenGovAsia website noted that the emergence of new applications areas such as autonomous vehicles, artificial intelligence and healthcare, which are enabled by electronics, has brought about new growth opportunities for the industry. These new applications are expected to drive greater diversity of demand for electronics and advancements in hardware. To tap into these opportunities, companies are embracing open innovation as a means to co-innovate and co-develop system solutions with their partners. To prepare Singapore to tap into these global trends and opportunities, the Industry Transformation Map has identified a two-pronged strategy – to diversify into new growth markets, and secondly, to transform the existing base of electronics manufacturing and attract new investments in high-value components.

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