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SINGAPORE: Singapore's electronics industry will continue to be a key contributor to the manufacturing sector in Singapore.
And Deputy Prime Minister Teo Chee Hean, who heads the National Productivity and Innovation Council, said it is crucial that the companies and union work with government agencies to identify solutions to further raise productivity.
That's because a productivity-driven electronics industry with a highly educated and skilled workforce will put the manufacturing industry in a good position to achieve the nation's productivity growth target of two to three per cent growth a year over the next decade.
Mr Teo was speaking at the third delegates convention of the United Workers of Electronics and Electrical Industries, UWEEI.
He's also Chairman of its Council of Advisors.
"There will be other challenges that will lie ahead for us," DPM Teo said.
"Our strong tripartism will ensure that our businesses remain competitive and we can continue to achieve inclusive growth.
"EDB has also identified four new growth areas for the electronics industry. They are green electronics, bioelectronics, plastic electronics and security.
"These new growth areas are expected to contribute 30 per cent of total electronics output by 2020. It is therefore crucial that the Union continues to reach out to these new sectors of the electronics industry to organise our workers, and ensure that members embrace life-long learning and are employable in these new sectors," he said.
He added despite the severity of last year's recession, labour-management relations in the electronics sector continued to remain harmonious.
It had provided the foundation for the management and union to overcome the challenges that the sector faced.
-CNA/wk
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