Singapore
Global IC export share (2022)
Global supply role
Evolved from ATP processes to a global tech hub for fabrication and design
More than 10% of global semiconductor output
5% of wafer fabrication capacity
Core strengths
R&D
Memory chips
Mature-node chips
Major investors
GlobalFoundries
Micron
Qualcomm
Government action
Increase manufacturing value-added by 50%
Launch National Semiconductor Translation and Innovation Centre
Research, Innovation, and Enterprise 2025: S$3b boost
Hurdles
High investment costs
Limited space
8.5%
IC exports (2023)
US$104.5 billion
Semiconductor device exports (2023)
US$12.8 billion
Malaysia
Global IC export share (2022)
8.2%
US$10.2 billion
US$74.8 billion
IC exports (2023)
Semiconductor device exports (2023)
Global supply role
6th largest semiconductor exporter
13% of global ATP market
Core strengths
OSAT services
Electronics manufacturing
Precision machinery
Major investors
Advanced Micro Devices
Intel
Infineon Technologies
Government action
Boost front-end activities (wafer fabrication, IC design)
National Semiconductor Strategy: RM25b to attract high-value tech investments
South-east Asia's largest IC design park: Tax breaks, subsidies, visa exemptions
Hurdles
Talent shortage
Rapid tech advancements
SOUTH-EAST ASIA
The Philippines
Global IC export share (2022)
3.4%
US$1.3 billion
US$26 billion
IC exports (2023)
Semiconductor device exports (2023)
Global supply role
Major assembly and testing site for global semiconductor giants
Limited fabrication capacity
Core strengths
ATP
Major investors
Fairchild Semiconductor
Hitachi
Texas Instruments
Government action
Flagship industrial national strategy prioritising growth in 12 major industries including electronics
Hurdles
Talent shortage
Geopolitical tensions (South China Sea dispute)
Lack of local demand for chips
Vietnam
Global IC export share (2022)
1.8%
US$8.2 billion
US$32.6 billion
IC exports (2023)
Semiconductor device exports (2023)
Global supply role
3rd largest Asian semiconductor exporter to the US (after Malaysia and Taiwan)
Skilled, cost-effective labour force
Core strengths
ATP
IC design
Equipment production
Major investors
Amkor Technology
Intel
Samsung
Government action
National semiconductor workforce training programme
Grants for firms and projects
Science fund grants for related research
Hurdles
No wafer fab
Talent shortage
Dearth of government incentives
Unstable power supply in some areas
Note: Integrated circuit (IC); Outsourced semiconductor assembly and test (OSAT); Assembly, testing and packaging (ATP)
SOURCES: ITC, OEC WORLD
GRAPHIC: C MARTIN, BT
Thailand
Global IC export share (2022)
1.5%
US$5.2 billion
US$9.6 billion
IC exports (2023)
Semiconductor device exports (2023)
Global supply role
Focused on backend assembly and testing
Government courting front-end operation companies
Core strengths
ATP
Hard disk drives
Major investors
Hana Semiconductor (Ayutthaya)
Nisshinbo Micro Devices (Thailand)
Silicon Craft Technology
Government action
Increased investments from the national Board of Investment
Joint venture by Hana Microelectronics and PTT subsidiary to explore smart electronics industry investments
Hurdles
Large skill gaps, high informality
High reliance on imported materials, design, tech
Less cost-effective compared to regional peers
Indonesia
Global IC export share (2022)
0.06%
US$0.4 billion
US$0.7 billion
IC exports (2023)
Semiconductor device exports (2023)
Global supply role
Trails regional peers despite abundant semiconductor resources: silica, nickel, tin, copper and gallium
Core strengths
WIP
Major investors
Infineon Technologies
Government action
In the works: Road map to develop silica industry
US$11.5b investment from Chinese firm Xinyi Glass Holdings to build a silica sand processing plant on Rempang Island
Tax incentives
Hurdles
Lack of national development strategy
Talent shortage
High investment costs
Singapore
Malaysia
Vietnam
Philippines
Singapore
Global IC export share (2022)
8.5%
US$12.8 billion
US$104.5 billion
IC exports (2023)
Semiconductor device exports (2023)
Global supply role
Evolved from ATP processes to a global tech hub for fabrication and design
10% of global semiconductor output
5% of wafer fabrication capacity
Core strengths
R&D
Memory chips
Mature-node chips
Major investors
GlobalFoundries
Micron
Qualcomm
Government action
Increase manufacturing value-added by 50%
Launch National Semiconductor Translation and Innovation Centre
Research, Innovation, and Enterprise 2025: S$3b boost
Hurdles
High investment costs
Limited space
Singapore
Malaysia
Vietnam
Philippines
Thailand
Indonesia
SOUTH-EAST ASIA
SOUTH-EAST ASIA
SOUTH-EAST ASIA
SOUTH-EAST ASIA
SOUTH-EAST ASIA
Singapore
Singapore
Global IC export share (2022)
8.5%
US$12.8 billion
US$104.5 billion
IC exports (2023)
Semiconductor device exports (2023)
Global supply role
Evolved from ATP processes to a global tech hub for fabrication and design
More than 10% of global semiconductor output
5% of wafer fabrication capacity
Core strengths
R&D
Memory chips
Mature-node chips
Major investors
GlobalFoundries
Micron
Qualcomm
Government action
Increase manufacturing value-added by 50%
Launch National Semiconductor Translation and Innovation Centre
Research, Innovation, and Enterprise 2025: S$3b boost
Hurdles
High investment costs
Limited space
Malaysia
Malaysia
Global IC export share (2022)
8.2%
US$74.8 billion
US$10.2 billion
IC exports (2023)
Semiconductor device exports (2023)
Global supply role
6th largest semiconductor exporter
13% of global ATP market
Core strengths
OSAT services
Electronics manufacturing
Precision machinery
Major investors
Advanced Micro Devices
Intel
Infineon Technologies
Government action
Boost front-end activities (wafer fabrication, IC design)
National Semiconductor Strategy: RM25b to attract high-value tech investments
South-east Asia's largest IC design park: Tax breaks, subsidies, visa exemptions
Hurdles
Talent shortage
Rapid tech advancements
Vietnam
Vietnam
Global IC export share (2022)
1.8%
US$8.2 billion
US$32.6 billion
IC exports (2023)
Semiconductor device exports (2023)
Global supply role
3rd largest Asian semiconductor exporter to the US (after Malaysia and Taiwan)
Skilled, cost-effective labour force
Core strengths
ATP
IC design
Equipment production
Major investors
Amkor Technology
Intel
Samsung
Government action
National semiconductor workforce training programme
Grants for firms and projects
Science fund grants for related research
Hurdles
No wafer fab
Talent shortage
Dearth of government incentives
Unstable power supply in some areas
Thailand
Thailand
Global IC export share (2022)
1.5%
US$5.2 billion
US$9.6 billion
IC exports (2023)
Semiconductor device exports (2023)
Global supply role
Focused on backend assembly and testing
Government courting front-end operation companies
Core strengths
ATP
Hard disk drives
Major investors
Hana Semiconductor (Ayutthaya)
Nisshinbo Micro Devices (Thailand)
Silicon Craft Technology
Government action
Increased investments from the national Board of Investment
Joint venture by Hana Microelectronics and PTT subsidiary to explore smart electronics industry investments
Hurdles
Large skill gaps, high informality
High reliance on imported materials, design, tech
Less cost-effective compared to regional peers
The Philippines
Philippines
Global IC export share (2022)
3.4%
US$1.3 billion
US$26 billion
IC exports (2023)
Semiconductor device exports (2023)
Global supply role
Major assembly and testing site for global semiconductor giants
Limited fabrication capacity
Core strengths
ATP
Major investors
Fairchild Semiconductor
Hitachi
Texas Instruments
Government action
Flagship industrial national strategy prioritising growth in 12 major industries including electronics
Hurdles
Talent shortage
Geopolitical tensions (South China Sea dispute)
Lack of local demand for chips
Indonesia
Indonesia
Global IC export share (2022)
0.06%
US$0.4 billion
US$0.7 billion
IC exports (2023)
Semiconductor device exports (2023)
Global supply role
Trails regional peers despite abundant semiconductor resources: silica, nickel, tin, copper and gallium
Core strengths
WIP
Major investors
Infineon Technologies
Government action
In the works: Road map to develop silica industry
US$11.5b investment from Chinese firm Xinyi Glass Holdings to build a silica sand processing plant on Rempang Island
Tax incentives
Hurdles
Lack of national development strategy
Talent shortage
High investment costs