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Innovation - we are lagging behind. Leegalized Corruption - We're #1.

makapaaa

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<TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>AI (3_M) <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>Jan-13 9:50 pm </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>27132.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Wanted:
Ideas that pay
In the global contest for innovation, Singapore is falling further behind at a time when its people are paying more and more buying them from others. By Seah Chang Nee.
Jan 10, 2010

(Synopsis: Like a relentless tsunami, high-tech gimmicks from abroad keep flooding Singapore to the detriment of home-grown innovative capabilities.)


AS ONE born here seven decades ago, I have been watching the quickened pace of new digital imports with a tinge of anxiety about Singapore¡¯s future.
Take the latest high-tech Hollywood film Avatar that is mesmerising large audiences here with its awe-inspiring scenes of an imaginary planet.
In just two weeks, it had grossed a record-shattering US$1b worldwide. My family of four paid S$40 for two-and-a-half hours ¨C roughly what an unskilled worker earns in a whole day.
Months earlier, Singapore was invaded by the Internet-phone, or I-Phone, with thousands of young people queuing up for hours and paying top dollars to lay their hands on one.
These were the latest digital innovations to hit our shores, some of them at heart-wringing costs.
The film, like the I-Phone, is a breakthrough in marketable ideas that are lapped up by young Singaporeans.
These kids are spending thousands of dollars on Blackberries, mini-computers and other mobile gimmicks to download music or network with each other. Many are teens who are still years away from their first job.
These are stuff they insist on having for their education ¨C or so they say ¨C and so papa and mama, including the poor, will have to finance it. An endless flow, because technology goes on and on.
Such imports do not necessarily pose great worries if Singaporeans can find benefit from using them.
¡°It is a drain because we ourselves lack innovation or the means to pay for it,¡± said a father of two teenage sons.
In short, Singapore¡¯s move towards a higher-skill economy (to counter threats from countries like China and India) has fallen short of success.
In a competitive world when it comes to fresh ideas, Singaporeans ¨C with their regulated, structured upbringing ¨C are hugely handicapped. They are too compliant to venture into the unconventional.
As I watched Avatar¡¯s widescreen magic, gripping my chair as its awesome plants and animals leapt at me, I thought of our own fledgling movie industry. They are separated by at least a generation.
Innovations and inventions are not just about high-faluting subjects like science and bio-medicine that postgraduates can deliver. More often than not, it involves turning simple ideas into what the public wants.
In 1993, the world was wowed by a film called Jurassic Park that transformed the movie business and almost killed off the industry in Hong Kong.
¡°After seeing this film who wants to watch ours?¡± a producer then asked. But some producers re-adapted, moved West and flourished.
On top of the pack were the Japanese and Koreans ¨C and the older Bollywood ¨C who succeeded in creating at least regional best-sellers with their own stories and cultures.
After returning from two years¡¯ work as a journalist in Hong Kong, I wrote that with its laissez faire it was 10 years ahead of Singapore in the fields of movies, music and fashion.
Today the gap may have widened. Many of its top stars and producers have moved to California or improved at home to produce some world-beaters.
Singapore¡¯s film-makers have made strides in the past decade, but they are too hobbled by regulations and sufficient talent to appeal to a world audience.
¡°Ours is still a cottage industry, not a global one,¡± said a retired cinema executive. ¡°The advances in other countries are making our deficiencies even starker,¡± he added.
Even the Indonesians and Thais have produced horror movies with popular foreign appeal. I noticed they had even come up with their own Jet Li-type heroes, complete with lightning fast stunts.
The imported innovations do add value to our lives, but they have also made us more conscious of our creativity backwardness despite our huge investment on education.
I must admit that they have made me a little envious of the people who dare to experiment in, and come up with, winning tricks.
Singapore not only lacks that but is becoming too hooked on expensive Western products and services at a time when its own innovative competitiveness is dropping.
Even IT manufacturing, the mainstay of the economy, is facing possible extinction as factories move to cheaper countries.
Among the top 500 fastest growth tech companies in Asia Pacific countries, only two ¨C or 0.4% ¨C are in Singapore, compared with 99 in Taiwan, it was recently reported.
The republic appears to be losing some of its technological capacities.
For example, Seagate, the world¡¯s largest maker of hard-disk drives, will close one of its factories and move to China by the end of this year.
Some 2,000 employees, many of them engineers, will be retrenched. Another giant, Motorola, shut its plant in 2008.
Earlier Chartered, the world¡¯s second-largest semiconductor firm with nine chip plants spread across Singapore, Germany and the US, was taken over by an Abu Dhabi company, after years of losses.
Three other local tech firms were delisted in the last two years.
Many fear the relocations may signal the end of the republic¡¯s role as a supplier of value-added computer parts to the world.
A post-crisis economic review is in progress to see what else Singapore can do to earn a living in the world.
Prime Minister Lee Hsien Loong cautioned his people not to expect a return of the pre-crisis growth rates of 7% or 8%. Instead, he expects from now on, Singapore should settle for 3% to 5% a year.
This means that value-added expansion in future will come mostly from innovative Singaporeans or companies, rather than by just providing service to the region.
(This was published in The Star on Jan 9, 2010.)</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>
 

singveld

Alfrescian (Inf)
Asset
why he said that digital 3d of avatar is gripping on his seat.
what the hell he is talking about, i seen the digital 3d and it was not impressive.
BUT the imax 3d was very impressive.

but he is right, singapore have slip and the gov have no good idea, all they know is cheap labour cheap labour, lower cost of doing business, increase cost for taxpayer.

charter semi con it is fini.

the brightest mind in singapore dun work in charter, they all put on tie and work for the banks to earn the most money, while charter have to import third world trashes with lowest salary. what do you expect, in taiwan top students from USA come back to taiwan to work in TSMC, while our top students work in the bank.
bank does not create wealth, they destroy wealth by speculation, making themselves max amount of money and BONUS. while destroying the wealth of the country.

and increasing GDP by inflating your property price does not create wealth for the nation.
 

singveld

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GlobalFoundries completes integration of Chartered
Scott Bicheno - 14 Jan 10, 11:03am
SoCing it to ‘em
Company Info
GLOBALFOUNDRIES
All GLOBALFOUNDRIES related content on HEXUS

ATIC - that owns GlobalFoundies announced it was buying Singapore based Chartered Semiconductor, the two companies have officially been merged under the GlobalFoundries name.

The combination of the two companies also serves to vindicate the name, as the company has manufacturing operations in Europe and Asia, and is building a state-of-the-art fab in the US.

"Thanks to the vision of our investors and months of dedicated work by teams across the globe, we have now created a new global company that leads the foundry market in advanced technology with unparalleled proximity to our customers and access to the world's best talent," said Doug Grose, CEO of GLOBALFOUNDRIES.

We met the GlobalFoundries team at a drinks reception they hosted in Vegas during CES recently and they certainly seem to be attracting a fair bit of buzz. As well as the great and the good of the technology media, also in attendance were some top brass from ARM.

And let's not forget, GlobalFoundries announced an agreement with the world's biggest fabless semiconductor company Qualcomm during the event too. The ubiquity of ARM based SoCs at this year's CES would seem to be a validation of GlobalFoundries's strategy of targeting this market.

Here's a slide illustrating GlobalFoundries' global fab presence after the incorporation of Chartered.

gfchartered-big.jpg


what a disgrace. company filled with third rate FT trashes. taken over by islamic terrorists.
 

VIBGYOR

Alfrescian
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The majority investor of Globalfoundries, Abu Dhabi's Advanced Technology Investment Co., announced on Sept. 6, 2009, that it has agreed to acquire Singapore-based Chartered Semiconductor Manufacturing Co. Ltd., for a total of $3.9 billion, with Chartered's operations being folded into Globalfoundries. [4]

GlobalFoundries CEO Doug Grose will head the combined company while Chia Song Hwee, CEO of Chartered is expected to serve as chief operating officer. Temasek Holdings, the Singapore government controlled investment outfit that controls more than 60 percent of Chartered, has "signed an irrevocable undertaking to vote in support of the transaction," the company said in the statement.

Chartered Semiconductor is a member of the Common Platform, IBM's semiconductor technology alliance. GlobalFoundries is a JDA partner of Common Platform Technology Alliance.
 

singveld

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ho ching was responsible to run down the chartered. after she cause massive damaged to the company she was promoted to tameask and now causing massive damage over there.

some president scholar.
 

ahleebabasingaporethief

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This is what happens to a country or any country without PROPER DEMOCRACY.
Think North Korea.

Brain washing of the young starts in kindergarten and all the way up the education levels.
Even in universities here, books are banned and cannot be imported into Singapore and read.

Many book importers in S'pore are balless or PORLUMPARS owned.

Only exception is KINOKUNIYA at Ngee Ann.
You can get most books there.....but even FRANCIS SEOW's books cannot be found there.
 

Dmode101

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we WERE NEVER allowed to have ideas.

we are an important logistical geo-political money-making machine flagship island for the masonic super powers since dandy tights wearing sir stamford raffles set foot here.
 

tanwahtiu

Alfrescian
Loyal
we WERE NEVER allowed to have ideas.

we are an important logistical geo-political money-making machine flagship island for the masonic super powers since dandy tights wearing sir stamford raffles set foot here.
We are never allowed to be better than the sons of Lee, the reign of PMship. The son of Lee, new PM, is taking Singapore to where it was before - Fishing village.
 

halsey02

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Wait till the writer gets to see 3D porn...oops!..one "lui" guy do even watches..what a HOLeLY man...

The writer...will have an Orgasitic nightmare..therafter..!!
 
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