Company set to expand operations based in Singapore
On December 22, 2022, the company announced that it will grow its presence in Singapore as part of its "Singapore 2030" plan. As part of its Singapore 2030 plan, the company will make more investments in its R&D segments based in Singapore to enhance its semiconductor capabilities. The company made investments totaling billions to help build up its operations in the US, which will help grow the company worldwide along with its Singapore operations.
New Activity|StructuralIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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