, Singapore
198 views

Chart of the day: Electronics top manufacturing cluster growth at 33.6%

Chemicals and biomedical manufacturing saw slight dip this May.

This chart from the Economic Development Board of Singapore shows that out of all manufacturing clusters, electronics showed the highest growth in May at 33.6% supported by strong demand from 5G markets and data centres amidst the global chip shortage

This was followed by the transport engineering cluster at 12.9%, general manufacturing at 9%, and precision engineering at 3.2%.

Meanwhile, the chemical cluster saw a dip of 3.4% in May. The biomedical cluster saw the biggest drop at 7.2%.

On a year-on-year basis, Singapore’s manufacturing output increased 13.8% in May 2022.
 

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!