{"id":115825,"date":"2021-06-03T21:38:13","date_gmt":"2021-06-03T21:38:13","guid":{"rendered":"https:\/\/fin2me.com\/?p=115825"},"modified":"2021-06-03T21:38:13","modified_gmt":"2021-06-03T21:38:13","slug":"spore-semiconductor-firms-boost-capacity-amid-global-chip-crunch","status":"publish","type":"post","link":"https:\/\/fin2me.com\/economy\/spore-semiconductor-firms-boost-capacity-amid-global-chip-crunch\/","title":{"rendered":"S&#039;pore semiconductor firms boost capacity amid global chip crunch"},"content":{"rendered":"<p>SINGAPORE &#8211; Local players in the semiconductor industry are ramping up production capacity amid a worsening global chip shortage sparked by high demand from consumer electronics and automobile firms.<\/p>\n<p>Singapore Semiconductor Industry Association (SSIA) executive director Ang Wee Seng told The Straits Times that the high demand is forecast to continue into next year with companies dealing with order backlogs that have more than doubled in 12 months.<\/p>\n<p>Please subscribe or log in  to continue reading the full article.<\/p>\n<h4 class=\"paywall-header\">Get unlimited access to all stories at $0.99\/month<\/h4>\n<ul>\n<li>Latest headlines and exclusive stories<\/li>\n<li>In-depth analyses and award-winning multimedia content<\/li>\n<li>Get access to all with our no-contract promotional package at only $0.99\/month for the first 3 months*<\/li>\n<\/ul>\n<p>*Terms and conditions apply.<\/p>\n<p>Join ST&#8217;s Telegram channel here and get the latest breaking news delivered to you.<\/p>\n<p>Source: <a href=\"https:\/\/www.straitstimes.com\/business\/economy\/spore-semiconductor-firms-boost-capacity-amid-global-chip-crunch\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE &#8211; Local players in the semiconductor industry are ramping up production capacity amid a worsening global chip shortage sparked by high demand from consumer [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":115824,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>S&#039;pore semiconductor firms boost capacity amid global chip crunch - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/economy\/spore-semiconductor-firms-boost-capacity-amid-global-chip-crunch\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"S&#039;pore semiconductor firms boost capacity amid global chip crunch - Fin2me\" \/>\n<meta property=\"og:description\" content=\"SINGAPORE &#8211; 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