The Singapore Semiconductor Industry Association
Established in 2004 as MIDAS and rebranded in 2010 as the Singapore Semiconductor Industry Association (SSIA), our organization has been steadfastly championing the interests of Singapore’s microelectronics devices sector. Embracing a wider spectrum of companies within the semiconductor and electronics manufacturing ecosystem, SSIA continues to thrive as a dedicated non-profit entity.
Our Vision
To create and sustain a highly competitive, leading-edge, and vibrant semiconductor industry in Singapore and the region.
Our Mission
To steer, advocate, and facilitate the full value chain of the semiconductor industry in Singapore, acting as a common industry voice.
written by the industry, for the industry
VOICE Magazine
VOICE stands as the new nerve centre for all things semiconductor in Singapore and beyond. It cuts through the noise to offer you direct access to interviews with industry leaders, breakthroughs in emerging technologies, and collaborative initiatives uniting our semiconductor industry. Join us as we chart the course towards building a stronger, more dynamic semiconductor industry, together.
Aligned with Singapore's Industry transformation map 2025
SSIA 3 Focus Areas
Growing &
Developing the Workforce
1. Increase Awareness
2. Upgrade and Upskill Workforce
3. Developing Talent Pipeline
4. Leadership Development
Strengthening &
Growing the Local Ecosystem
1. Increasing Network of Local Companies
2. Platforms for Business Engagements
3. Getting Local Companies Engaged
Sustainability
1. Creating Awareness
2. Benchmark Industry Standards
3. Transformation
Singapore's Industry Transformation Map 2025
The strategies outlined in the five ITMs pave the way towards Singapore’s overall goal to grow manufacturing value-added (VA) by 50 per cent from 2020 to 2030. This will be done by focusing on innovation, embracing sustainability and training talent to seize job opportunities in the backbone of our economy. Each ITM is co-created by the Government, industry stakeholders and unions, and covers areas such as productivity, internationalisation, innovation, digitalisation, resilience, sustainability, and jobs and skills. – Read the full press release on the EDB website here.
In collaboration, we discover endless possibilities.
SSIA's Flagship Events
*Date subject to change
*Date subject to change
The semiconductor outlook
Where we're headed...
Global Sales
The semiconductor industry is predicted to see global sales of US$558 billion in 2024, which is a 13% increase from 2023, and 2.5% higher than 2022's record industry revenues of US$574 billion.
Chip Market Boom
Memory chips were the biggest swing factor in 2022, with sales amounting to US$130 billion, or just under 23% of the overall chip market, but they dropped 31% (about US$40 billion) in 2023.
A.I. Chips Drive Industry Growth
Gen AI chips are predicted to be a significant growth area in the industry, especially for high-performance computing needs like GPUs and CPUs designed for AI tasks, expected to account for 8.5% of total chips sold in 2024.
Innovation & Diversification
The industry anticipates new entrants in the AI chip market, new architectures and models for AI chips, and the development of edge chips, which will handle more processing at the device level in smaller or differently designed chips.