Singapore may just be capitalizing on the US-China tech war in the field of semiconductor sales. Singapore may just be capitalizing on the ongoing tech rivalry between the United States and China, particularly in the field of semiconductor sales, according to a report by Bloomberg.
Soitec, a French substrate manufacturer, and Applied Materials, a US semiconductor manufacturing equipment manufacturer, are expanding production in Singapore to strengthen ties with Asian customers and anticipate future growth.
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Singapore aims to win its "fair share" of semiconductor investments amidst growing trade tensions between China and the United States, focusing on semiconductor assembly and design.