In their May 30 report on the semiconductor sector, Ling Lee Keng, Sachin Mittal and the Singapore research team note that although the US still retains the bulk of the share in the global semiconductor market at 48%, China’s share has grown exponentially from close to 0% to 7% recently. The profit pool of the semiconductor sector is highly concentrated among the leaders in the most advanced nods at 3/5nm, the analysts add.
Singapore looks set to benefit from the China+1 strategy, with the country being well-poised to compete in the leading-edge nodes of 7nm and above, observe the analysts at DBS Group Research.
The China+1 strategy refers to the supply chain resilience moves that businesses have had to embark on with the ongoing geopolitical uncertainties, and severe disruptions to chips and components supply that were caused by Covid-19.
