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What’s needed for Singapore to defend its electronics manufacturing hub status

How can Singapore defend its electronics manufacturing hub position in the face of stiff regional and global competition? Leon Perera, CEO of Spire Research and Consulting shared his thoughts in The Business Times – Views from the Top section on 2 October 2017 on Singapore’s evolving role in the global electronics sector. To thrive in the global electronics supply chain, Singapore should focus on raising its game in terms of engineering, data science, cultural studies and professional services. Perera opined that Singapore needs constant innovation in terms of production and design, so as to meet the needs of producing complex electronics devices with short product life cycles. Today’s electronics products contain a large element of embedded services and software, which are prone to frequent upgrades. Singapore should work on creating a conducive environment for enterprises to recruit inter-disciplinary teams that can launch breakthrough electronics products. Such tea

ASEAN gaming on the rise

ASEAN’s gaming market is set for rapid growth. By 2017, there will be an estimated 80 million middle-income households, adding more consumers in the 20-50 years age bracket. This means gaming revenues will reach USD2.2 billion – double in value. What factors contribute to this emerging market? With improved broadband infrastructure and more disposable income, online as well as mobile gaming is increasingly accessible. By the end of 2016, there will be 230 million smartphones in Asia – which means more potential users. ASEAN governments have been quick to cash in. For instance, game developers in Indonesia receive subsidies to encourage market growth whereas the University of the Philippines actively promotes game development and design courses, hosts gaming events as well as offers scholarships to attract students. However, the gaming market in ASEAN is highly fragmented. Each ASEAN country has unique preferences and gaming behaviour. No one single publisher or format c