The manufacturing industry is undergoing transformation as driven by AI, IoT and large amounts of computational power.-ST
SINGAPORE (The Straits Times/ANN): Companies here need to continue to innovate for Singapore to successfully capture new economic opportunities in electronics and manufacturing created by advances in technology such as artificial intelligence (AI) and the Internet of Things (IoT).
Making this call on Tuesday (Jan 12), Trade and Industry Minister Chan Chun Sing encouraged companies involved in the distribution of electronic components and in wholesale trade to "take bold steps... and chart new paths of growth through innovation".
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