Maybank economist said Singapore's electronics output rose 11.2% YoY in July, down from June's 21.1%, partly due to a high year‑ago base. Maybank added the AI infrastructure boom is unlikely to end soon, and global chip capacity expansion should keep

2026-08-27

Maybank economist said Singapore's electronics output rose 11.2% YoY in July, down from June's 21.1%, partly due to a high year‑ago base. Maybank added the AI infrastructure boom is unlikely to end soon, and global chip capacity expansion should keep demand for Singapore semiconductor equipment strong; Singapore accounts for roughly 20% of global semiconductor equipment production.