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New S$500m national semiconductor R&D facility in Tampines to begin operations by 2027
Semiconductor firms in Singapore can tap on a new S$500-million fabrication facility by 2027. The R&D facility in Tampines will focus on advanced packaging technologies, which is a key growth area. This is among strategies for the country to remain a semiconductor powerhouse and drive economic growth amid rising geopolitical tensions. The Trade and Industry Ministry said key focus areas include building strong enterprises and investing in the workforce. Nadirah Zaidi reports.
from CNA
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