SEMI Urges Southeast Asia to Increase Chip Fabrication

SEMI urged Southeast Asia to build more chip plants to reduce supply risks. Only six of sixty-four new Asian fabs by 2029 are planned for the entire region.

Xurve View
Insights:

SEMI chief executive Ajit Manocha urged Southeast Asian nations to expand semiconductor fabrication capacity to diversify global supply chains and mitigate geopolitical risks. Only six of the 64 new plants expected to open in Asia by 2029 are located in the region. This concentration of manufacturing in North Asia leaves the $600B industry vulnerable to localized disruptions and trade restrictions.

Addressing the Geographic Imbalance in Chipmaking

IUX24

IUX24 AI-powered financial news and market intelligence. Think and act like smart money.

IFZA Properties, Dubai Silicon Oasis, DSO-IFZA, Dubai, United Arab Emirates

Copyright IUX24 MEDIA - FZCO. All rights reserved.

Powered by AI • Made with precision

IUX24 is an information and analytics platform providing news, market data, analytical tools, and AI-powered features for informational and educational purposes. The Services and information provided do not constitute investment advice, trading signals, or brokerage services. Investing involves risk, and Users should carefully evaluate information before making investment decisions.