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Singapore has nothing to boast about achievements in the semiconductor industry

Cottonmouth

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Netizen says he cringed while reading ST article boasting about Singapore’s achievements in semiconductor industry​


Photo: Unsplash/ Vishnu Mohanan (for illustration purposes only).

"Taiwan, Korea and Japan can rightfully be proud of their homegrown semiconductor giants, but Singapore, in this respect, has nothing to boast about as it is just riding on the coattails of foreign MNCs." — Netizen

October 4, 2022
By Anna Maria Romero
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A Facebook post from Mr Foong Swee Fong wherein he writes that Singapore has “nothing to boast about” in terms of achievements in the semiconductor industry from Sunday (Oct 2) has gone on to be widely shared online.
“Taiwan, Korea, and Japan can rightfully be proud of their homegrown semiconductor giants, but Singapore, in this respect, has nothing to boast about as it is just riding on the coattails of foreign MNCs,” he wrote.
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Mr Foong posted a screenshot of an article about the country’s achievements in the semiconductor industry in The Straits Times on Oct 2.
He called it “propaganda” that made him “cringe.”
The article said that Singapore has “made its mark in the semiconductor supply chain as a global node” and “accounts for about 11 per cent of the global semiconductor market and 5 per cent of wafer capacity; 20 per cent of semiconductor equipment is manufactured here.”
Mr Foong went on to question the premise of the ST piece, writing that “that the whole boast is based” on foreign multinational companies such as American firms Applied Materials and Micron Technology, GlobalFoundries from Abu Dhabi, and UMC from Taiwan.
The operations of these firms in Singapore are “partly due to irresistible incentives dangled by the government,” he added.

However, he underlined that the bulk of the money earned goes back to the countries of origin of these multinational companies and not to Singapore.
He acknowledged that there are some local SMEs in the industry, but these are too small to have any real bargaining power, warning that if the MNCs should pull out of Singapore, “the whole ecosystem collapses.”
Mr Foong added that “for Singaporeans in general, it is debatable if the benefits (are) commensurate with the cost. Resources used by foreign MNCs cannot be used by Singaporeans to pursue their dreams, and excessive demand for limited resources pushes up the cost of living for everyone.”
He also noted that Singapore once had its own semiconductor firm called Chartered Semiconductor (CSM), but called it a “shame” that it was sold to GlobalFoundries in 2010.
Netizens who have commented on Mr Foong’s post have agreed with many of his points.
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/TISG
 

Byebye Penis

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Like NOL, Chartered Semiconductor (GlobalFoundries) started to do better after we disposed it.
 
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syed putra

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Fkextronic?
At one time broadcom had its hq in sinkie before the penang ceo relocate to US to please trump and get photos of him with trump.

1664937221086.png
 

mudhatter

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Where is that company now?

Singapore has nothing to boast about achievements in any industry​

There! Corrected for you.

Yes, that is understandably true since stinkies are genetically inferior and what's worse is that many stinkies have left and what's left and what's imported are low tier tiong or jiuhu chink trash along with ceca virus handed out sh*ttyzenship willy nilly. It's a verifiably true statement that under eunuch loong stinkypura is well and truly, utterly mediocre.

But also let's be very, very clear. Even under old fart Harry Lee the kafir bastard, stinkypura was never intellectually sophisticated or world leading. The best it could do is copy. Just like all other slanties.

Difference between those other copycat slanties and stinkypura might be lack of a domestic market. They've a critical mass, a certain landmass, that allows for exploration, connectivity, travel, laid back lifestyle, natural activities inherently desired and liked by all human beings. Stinkypura does not. Had the stubborn mule old fart Harry Lee the anti Muslim anti Islamic kafir bastard not insisted that stinkypura could go it alone or that it could survive in the long run, this unnatural state of affairs would not have been foisted on it.

Stinkypura is fake, that's the summary, if you wanted to know anything about it and without a critical mass, nothing in stinkypura is sustainable. It's well known and well recognized. Matters are made worse by the quality of ppl in stinkypura (only turd or 4th rate ppl would even contemplate staying back in stinkypura), no higher quality ppl would choose to live under pap-piglets dictatorship, let's also be clear about that. The outcome is very much predictable and expected.

I don't agree that chink, jap, gook or taiwanese have anything to be proud of. If you've got a big population, you do "big things", that's natural. None of them actually invented anything, they are all copycats, stinkypura you might argue is the worse among those lots.

You can start big companies to cater to your domestic market, just about everybody can do that and has proven they can do that.

I show you only three cases from three OIC countries.

Bangla

https://waltonbd.com/computer/laptop

Cdwc1Fj.jpg


Iran

https://snowa.ir/shop/washing-machine/

k66QzoQ.jpg


Turkey

https://www.beko.com/my-en

dLMZAr3.jpg





In fact, in 2001, it was Tiongs' largest microchip fabricator SMIC which received tech transfer from stinky coy chartered. but as expected from pap-piglets, their mismanagement ensured chartered went belly up.

still some bodoh stinky think chinks can run a country well.

Also, there is nothing to be proud of copying.
All slanties are copycats, they invented nothing.

not electricity, not electromagnetism, no euler, poincare, kolmogorov, gauss, newton no gravitation etc etc etc

slanties just copied.

I don't see anything to be proud of copying.

It's absurd for anybody to think or believe slanties are good at science tech engineering or maths. they can copy at best, and even there, they fail most of the time.
 
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mudhatter

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Fkextronic?
At one time broadcom had its hq in sinkie before the penang ceo relocate to US to please trump and get photos of him with trump.

View attachment 163702

tax evasion hub.

all foreign owned/origin, just shifted hq to stinkypura for tax evasion. like caymand islands or bermuda.

penangite is ceo like ceca is ceo of google microsoft etc many other yankee coys.

they mean nothing.

why penang has n't got any big mnc? why ceca has not got any big mnc?
 

red amoeba

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Asset
Our NUS is an upskirt hub. We are region leader in producing clandestine photo and videographers.
 
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