Rebound Electronics Market Insights Q2 2024 - Flipbook - Page 10
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General Market Insight
Semiconductor Industry Market News
Asia Pacific Semiconductor Industry Sees Major Investments and Strategic Developments
The Asia Pacific region is experiencing significant growth in the semiconductor sector, marked by major
investments and strategic partnerships.
Ø Philippines Strengthens US Ties
US Secretary of State Antony Blinken's visit to Amkor Technology Philippines highlights the Philippines'
strategic role in the global semiconductor supply chain. The Philippines Economic Zone Authority (PEZA) is
committed to enhancing business ties with the US, aiming to attract more industry giants and improve
regulatory transparency.
Ø India Appeals for Singaporean Investment
Indian External Affairs Minister S. Jaishankar urges Singaporean business leaders to invest in India's growing
semiconductor industry, emphasizing the nation's efforts to boost manufacturing and self-sufficiency.
Ø Singapore's First Substrate Plant
Japanese company Toppan is set to establish Singapore's first advanced substrate manufacturing facility, a
significant boost to the local semiconductor industry, supported by the Economic Development Board.
Ø Sony Expands in Thailand
Sony Semiconductor Solutions opens a new fab in Thailand, focusing on image sensors and laser diodes,
creating around 2,000 jobs and emphasizing sustainability through renewable energy use.
Ø TSMC Collaborates with Japan
TSMC partners with Kyushu University to address the semiconductor skills shortage, supporting Japan's efforts
to revive its semiconductor industry through joint research and training programs.
Ø Korea's Output Surge
South Korea's industrial output sees continuous growth, driven by a rebound in the semiconductor sector,
reflecting a promising economic recovery.
Ø Taiwan's Resilience
A 7.4-magnitude earthquake in Taiwan minimally impacts TSMC's operations, highlighting the need for
geographical diversification in semiconductor manufacturing.
Ø Japan's Strategic Investment
Japanese Prime Minister Fumio Kishida visits a new semiconductor plant in Kyushu, backed by a $7 billion
investment to secure chip supplies and reduce import dependency.
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