Singapore Economic Development Board (EDB)

Global #semiconductor MNCs can count on partnerships and a vibrant local ecosystem in Singapore to support their innovation and sustainability goals. Equipment and substrate companies, semiconductor equipment assembly players and solution providers are among the diverse pool of suppliers and partners helping MNCs plug production gaps and build supply chain resilience. Among them are: ⚪ ELH Additive Manufacturing: A local precision engineering company that moved into Additive Manufacturing for metal/polymer materials. It works with MNCs across industries such as aerospace, defense and semiconductor manufacturing. ⚪ Gauss Labs: A Singapore-based industrial AI startup focusing on AI-based solutions that can improve high-volume semiconductor manufacturing efficiency by reducing process variability by 30%. ⚪ Gurobi Optimization: A Singapore-based company specialising in computational mathematical programming and prescriptive analysis that can help companies leverage data to optimise business decisions. Industry trade associations like the Singapore Semiconductor Industry Association (SSIA) play a crucial role in driving partnerships between global players and Singapore enterprises. At their annual Business Connect event this week, themed "Empowering SMEs through Collaboration and Innovation", SSIA brought together global semiconductor giants, local enterprises (including small-and-medium-sized enterprises), research institutes and government agencies to foster knowledge exchange and collaboration within the semiconductor ecosystem. Read this article to find out more about Singapore’s semiconductor industry: https://lnkd.in/gW38cbXA Photo credits: SSIA

US #biopharmaceutical giant Pfizer is expanding its presence in Singapore with a S$1b state-of-the-art manufacturing facility in Tuas Biomedical Park. The site – a best-in-class facility featuring flexible and modular #manufacturing, smart technologies, and sustainable features – is poised to become a long-term strategic site for Pfizer’s global operations. It will produce small molecule Active Pharmaceutical Ingredients (APIs) for oncology, pain, and antibiotic medicines for global markets, and is expected to create over 250 highly skilled roles. Pfizer is the largest contributor to pharmaceutical manufacturing output in Singapore. It has significantly expanded its presence in Singapore over the last 60 years through manufacturing and regional HQ functions. Pfizer also develops engineering solutions and #innovative manufacturing technologies from Singapore, in partnership with our ecosystem players, which have been deployed at its manufacturing sites globally. Singapore continues to bolster the vibrancy of our biomedical sciences ecosystem to welcome pharmaceutical companies investing in leading-edge manufacturing technologies and facilities dedicated to new drug modalities. We are growing our bench strength of talent and improving worker productivity through advanced training. Find out more about Pfizer’s decision to continue expanding in Singapore, supported by our strong track record of quality and safety, and robust regional connectivity: https://lnkd.in/gmCbvhrV

Japanese chemicals manufacturer Denka Company Limited is marking 40 years in Singapore! DENKA SINGAPORE PRIVATE LIMITED operates four industry-leading facilities that produce seven key products for global markets, including bio-based styrenic polymers, a sustainable raw material used to make consumer goods. The Singapore office is also Denka’s regional R&D hub, leveraging Singapore’s robust ecosystem to drive #innovation. In 2017, Denka embarked on a smart factory conversion plan to enhance productivity and efficiency across its plants. It has seen improvements in efficiency and a reduction in power consumption. Denka is also striving towards carbon neutrality, in alignment with Singapore’s #netzero ambitions. Denka, which has a workforce of about 300 in Singapore, has prioritised nurturing its Singaporean #talent pool, sending management cadets for training in Japan to foster skills transfer and provide global exposure. As we celebrate Denka’s journey, we continue to welcome like-minded companies to drive innovation and sustainability in Singapore’s robust chemicals sector. Read about Denka’s past 40 years in Singapore, and what lies ahead for the Japanese manufacturer: https://lnkd.in/gG2VGYX2

OBAYASHI SINGAPORE PRIVATE LIMITED, the Japanese #construction giant that constructed JEWEL Changi Airport and built Singapore’s MRT tracks, is launching its R&D hub for Asia, in Singapore. Obayashi Construction-Tech Lab Singapore (OCLS), located within BCA Academy in Braddell, will be a base for industry players, universities, research institutions, construction companies, and #startups across Asia to conduct joint R&D. The Japanese construction giant is also launching a joint lab with the Singapore Centre for 3D Printing at Nanyang Technological University Singapore to develop sustainable construction materials and advance 3D printing technologies. Obayashi will also work with the Singapore University of Technology and Design (SUTD) to integrate robotic and artificial intelligence solutions for construction. With the support of Building and Construction Authority, Obayashi is set to deploy advanced construction technologies such as concrete levelling and trowelling robots in Singapore, significantly reducing the manual labour traditionally required in construction projects. This initiative will enhance productivity and address the critical challenge of manpower constraints in the industry. Obayashi has been shaping Singapore’s urban landscape for nearly 60 years through its civil engineering projects. Learn about how OCLS will enrich Singapore’s vibrant #research and #innovation ecosystem and deliver groundbreaking construction technologies for regional and global applications: https://lnkd.in/gTSvk-yt

Chemicals manufacturer PCS Pte. Ltd. marks 40 years in Singapore this year! A pioneer of the chemicals industry, it now has two world-scale crackers on #JurongIsland supplying essential feedstock to companies that make products for high-growth markets – from EVs to electronics, solar panels and more. Through the years, PCS has been a strong supporter of Singapore’s #netzero efforts, embarking on #sustainable production to reduce emissions, and water and energy usage. Singapore is working with PCS and the industry to implement larger-scale carbon abatement projects such as #CCUS and pursue more bio-based or circular production pathways to develop sustainable products. A standout achievement for PCS – they have achieved a major safety milestone of 20 years without any Lost Time Incidents, reflecting the vigilance of their employees,the organisation’s commitment to safety and strong partnership with their contractors. Singapore will continue to partner chemicals firms here to shape a sustainable and innovative future for the industry. Read about PCS’ journey in Singapore.

The Singapore Leaders Network (SGLN) recently marked its 2nd anniversary! Supported by EDB and the Human Capital Leadership Institute (HCLI), SGLN has doubled its membership to more than 2,000 members, creating a robust network of peers and mentors to support Singaporean business #leaders in their personal and professional growth.   As part of the celebrations, Singaporean executives in the SGLN Fellowship programme had an engaging fireside chat with President Tharman Shanmugaratnam. They discussed how corporate leaders can navigate an increasingly complex business environment, what Singaporeans can do to be ready for international #leadership roles and the importance of leading with empathy and open-mindedness. Among the participants was SGLN Fellow Sueann Yeo, CAIA, Head of APAC Private Wealth at EQT Group, who gave a thumbs up to the Fellowship programme for offering enriching perspectives from leaders of diverse industries. Sueann's mentor Savita Iyer, CFO of SEA for The Walt Disney Company, said she wished there were such programmes when she first started on her leadership journey but is happy to be able to give back by supporting up-and-coming corporate leaders.   The SGLN Fellowship aims to equip Singaporeans with the relevant skills and experience to become global-ready leaders. There are currently 60 SGLN Fellows. Find out more about the programme here: https://lnkd.in/gU-nvHb3

Singapore’s small and medium-sized enterprises (#SMEs) are part of the thriving and comprehensive #semiconductor ecosystem here. They play an important role as suppliers (of solutions, services, materials and equipment) and co-innovation partners of global chip players. Local SMEs can tap on government support, such as the enhanced Partnerships for Capability Transformation (PACT) scheme, to help them navigate challenges in transformation and improve their capabilities. ELH Additive Manufacturing and Forefront AM are among the SMEs working with larger players like STMicroelectronics and GlobalFoundries. Through collaborations with MNCs, SMEs can expand their customer base and gain access to new markets, while building specialised #manufacturing capabilities to take on more complex jobs. For MNCs, the availability of strong local suppliers with relevant technologies helps strengthen their supply chain, ensuring that there’s minimal downtime in factories. Read about how collaborations between MNCs and local enterprises are strengthening the local semiconductor ecosystem and building a more resilient supply chain. #MatchMadeInSG

Can AI be truly sustainable? Demand for high performance computing will exponentially increase with #AI adoption – but so too will energy consumption and its environmental cost. Addressing this challenge will require solutions like the HyperCube by Singapore-headquartered SMC - Sustainable Metal Cloud. Powered by advanced immersion technologies, the HyperCube is a commercial-scale Data Centre (DC) that offers businesses more computing power at lower energy costs – the better to quickly and sustainably scale their AI ambitions. Launching the HyperCube from land- and water-constrained Singapore speaks to the city-state’s commitment to working with companies like SMC towards a green AI-powered future. Read on to learn about SMC’s vision for a #sustainable AI factory.

How is #Singapore partnering companies to build factories of the future? 1️⃣ By accelerating digital transformation: The Smart Industry Readiness Index (SIRI) helps manufacturers create a roadmap to embrace Industry 4.0 technologies, so they can be more productive and competitive. 2️⃣ By driving #innovation through collaboration: Through research partnerships with A*STAR - Agency for Science, Technology and Research's Advanced Remanufacturing and Technology Centre (ARTC) and NAMIC Singapore, as well as collaboration with Singapore’s local enterprises, including a pool of 286,000 SMEs, global players can tap on a vibrant ecosystem to co-develop new and localised products and solutions. 3️⃣ Through #sustainability efforts: From improving access to renewable energy and strengthening the carbon services ecosystem to grants for emission reductions, Singapore is helping manufacturers and logistics players decarbonise and adopt green solutions. Manufacturing forms nearly 20% of Singapore’s GDP and provides jobs for almost 12% of the workforce. Singapore’s focus is on growing high-value sectors like semiconductors, healthcare, specialty chemicals and aerospace. Click to read more and hear from EDB's Managing Director Jacqueline Poh on Singapore’s approach to building factories of the future.

High-quality datasets are essential for increasing the accuracy and trust of #AI models. #Singapore is partnering with companies to address this need through AI Singapore’s 100 Experiments (#100E) initiative. Since its launch in 2020, the programme has provided more than 100 companies with access to funding and expertise to create quality training datasets for AI tools in addressing business challenges, greatly speeding up their plans to build their own AI teams. Successful projects include: ⚪ SembWaste’s new plastic-sorting system that improves plastic waste sorting accuracy from 85 to 95%. ⚪ Q & M Dental Group (Singapore) Limited's AI model for dental X-rays, which was trained with 20,000 scans to achieve between 85 and 95% accuracy. Find out more about 100E here: https://lnkd.in/g7YiCHTQ