ASEAN Semiconductor Market Size And Forecast For By 2028

 The ASEAN semiconductor market  has seen substantial expansion over the past few years, driven by rising electronics demand and technological advancements. The area is home to some of the biggest producers of semiconductors in the world, including firms with headquarters in Singapore like Broadcom, STMicroelectronics, and Infineon Technologies.

A number of reasons, including the rising use of smartphones and other mobile devices, the expansion of the Internet of Things (IoT), and the popularity of artificial intelligence (AI) and machine learning (ML) applications, are likely to fuel the market's continued growth. Furthermore, semiconductor businesses wishing to expand their operations will find the ASEAN area to be a desirable destination due to its favourable business climate, affordable labour costs, and strong government support for the technology industry.

 

Read More: https://www.fortunebusinessinsights.com/asean-semiconductor-market-105570

Key Players:

·         Intel Corporation (California, United States)

·         Qualcomm (California, United States)

·         Samsung Electronics (Suwon-si, South Korea)

·         SK hynix (Gyeonggi, South Korea)

·         Taiwan Semiconductors (Hsinchu, Taiwan)

·         Texas Instruments (Texas, United States)

·         Toshiba Corporation (Tokyo, Japan)

·         Rohm Semiconductor (Kyoto, Japan)

·         Renesas Electronics Corporation (Tokyo, Japan)

·         Micron Technology (Idaho, United States)

·         NVIDIA Corporation (California, United States)

·         NXP Semiconductors N.V. (Eindhoven, the Netherlands)

 

Regional Analysis:

Singapore is the largest semiconductor market in the region and is known for its strong focus on research and development in the technology sector. The country is home to many semiconductor manufacturers and has a well-established semiconductor industry.

Malaysia is another significant market in the ASEAN region, with a robust semiconductor industry that includes companies such as Infineon Technologies, NXP Semiconductors, and Texas Instruments. The country has a skilled workforce and a supportive government that has created policies to attract foreign investment in the technology sector.

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