Organization: AI Infrastructure Will Continue to Support Singapore's Electronics Industry

BlockBeats News, August 27th - An economist at Maybank Kim Eng said that despite the slowdown in Singapore's electronics sector to an 11-month low, the industry will still benefit from the global artificial intelligence infrastructure development.

Singapore's electronics output in July grew by 11.2% year-on-year, down from June's 21.1%, partly due to a high base last year. Maybank Kim Eng stated: "Despite the slowdown in electronics output, we believe that the AI trend is unlikely to come to an end soon."

Meanwhile, with the global expansion of chip manufacturing capacity, demand for Singapore's semiconductor equipment remains strong. Maybank Kim Eng pointed out that Singapore holds a significant share of about 20% in the global market for semiconductor equipment production.