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CHINA'S largest manufacturer of miniature acoustic components for electronic goods, AAC Acoustic Technologies Holdings, unveiled its international headquarters in Singapore yesterday, signalling the start of a US$40 million (S$58 million) five-year investment here.
The Singapore office, situated in Singapore Science Park II in Buona Vista, is the new location for the firm's corporate training, technical support services, sales, marketing control and strategic business planning.
Research and development will also be undertaken at the site, with $20 million of the total investment earmarked for this activity.
The firm's research and development arm in Singapore is partnering the Institute of Microelectronics under the Agency for Science, Technology and Research to develop high-performance Micro-Electro Mechanical Systems (MEMS) chip designs for MEMS microphones.
These microphones are typically used in consumer electronics goods such as mobile phones, notebook computers and automobiles.
Mr Benjamin Pan, chief executive of AAC Acoustic Technologies Holdings, said at the opening ceremony that Singapore has been selected as the firm's international headquarters because it offered an environment conducive to research activities.
'With a talented workforce, strong infrastructure, excellent intellectual property protection and proximity to our growing global customer base, Singapore offers a first-rate pro-business environment for AAC to further strengthen our business to serve our clients worldwide,' he told the gathering at Raffles Hotel yesterday.
The firm is looking to set up its first manufacturing facility outside China here within the next three years.
The move is in response to requests from clients, such as Nokia and Apple, for the firm to diversify its manufacturing operations.
'When completed, about 10 per cent of our total manufacturing output will come from Singapore,' said Mr Pan. He is not planning to set up any more manufacturing bases outside China.
Around 100 jobs for skilled workers are expected to be created when the manufacturing facility is completed.
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