Financial Times, 1 Jan 2009, John Burton
Chartered Semiconductor exemplifies the problems facing Singapore’s ailing electronics sector after warning that it will suffer its biggest loss in nearly four years when it reports its results for the last quarter of 2008.
The problem child of Temasek Holdings, the Singapore state investment company, Chartered is the world’s third-largest foundry chipmaker.
Electronics is Singapore biggest industrial sector, employing 119,000 workers, including 5,125 at Chartered, and accounting for 40 per cent of the city-state’s non-oil exports.
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