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Singapore's Semiconductor Sector Averaged 4% Gain In 2016 YTD

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Semiconductor chips are an important component of consumer electronics in addition to the global stock market. Semiconductor businesses are defined by the Global Industry Classification Standard (GICS®) as those companies involved in the fabrication and manufacturing of semi-conductor chips in addition to testing and packaging of chips. Hence, semiconductor stocks form part of the Information Technology Sector. The bulk of semiconductor demand is driven by consumer’s purchasing personal computers and mobile devices, such as cell phones and tablets.

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