There’s no denying that COVID-19 has hit the global job market in an unprecedented manner. While many industries are still reeling under its impact, a few have managed to thrive in this challenging situation. One industry that has managed to register a positive growth despite the pandemic-led slowdown is the semiconductor industry.
According to a recent WSTS forecast, the semiconductor industry is expected to grow by 5.1 per cent in 2020. This growth is likely to continue at 8.4 per cent in 2021. Another report by Fortune Business Insights predicts that the industry will grow at a CAGR of 4.7 per cent from 2020 to 2027!
The pandemic has forced households to upgrade their personal, entertainment, and gaming devices as well as home networks. Semiconductors are integral to all such wired and wireless devices.
It is easy to see why the semiconductor market is on an upswing and there is high potential for semiconductor engineer jobs in Singapore. According to news reports Singapore’s electronics sector recorded over $5.7 billion of investment in the first nine months of 2020. Moreover, Infineon Technologies, a German microchip maker firm will spend $27 million over the next three years to make Singapore its first global hub.
If you are thinking of charting a career as a semiconductor engineer, now is the right time to make your move.
What is causing this boom in the semiconductor industry?
The rapid development of new-age technologies is powering up smartphones, tablets, and several other connected devices. Due to the pandemic, people are relying more and more on such devices offering digital solutions for various activities. These activities include working remotely, attending online classes, video conferencing, ordering groceries, etc.
With these devices becoming a part of people’s daily lives, the market for semiconductor jobs is also expanding.
What does a semiconductor engineer do?
Semiconductor engineers develop electrical products that help integrate machines, workers, energy, material and data.
Here are some of the tasks that semiconductor technicians undertake:
- They design and create semiconductor processors, systems, modules, and software
- Review specification documents of the systems
- Check and resolve any software issues that may crop up
What job roles are in demand in the semiconductor industry?
A major chunk of the semiconductor jobs available is for engineers, technicians, and managers. Professionals with an experience level of 2 to 5 years are in much demand in this stimulated industry. Technicians with 0 to 2 years of experience also have a good chance of landing a job in the semiconductor industry.
Among the popular job roles in demand are that of an automation engineer, equipment engineer, test development engineer, system engineer, production operator, module equipment technician, mechanical technician, and test technician.
How to become a semiconductor engineer?
To become a semiconductor engineer, you must possess a bachelor’s degree with a background in science, mathematics, technology, and engineering. Anyone with a master’s degree in these fields can join this industry with ease.
You can also make a transition to this industry and opt for semiconductor jobs if you have transferable skills and experience in other industries. Such industries include automotive maintenance, aircraft maintenance, biomedical technology engineering, and construction, among others.
What is the salary range expected in the semiconductor industry?
Salaries of professionals in the semiconductor industry generally depend on their academic qualifications, experience, and negotiation skills. A senior test development engineer can draw anything between S$48,000 and S$84,000. An automation engineer can expect to earn anything in the range of S$42,000 and S$54,000. The salary of a test technician can range from S$21,600 and S$25,200. An entry-level production operator can expect to draw a salary between S$16,800 and S$18,000.
The pandemic has hit the economy to such an extent that the job market still remains quite unstable. To create a stable base in such turbulent times, you need to stay ahead of the competition. One way to do that is to upgrade your skills regularly and remain aware of how the job market is evolving.
If you want to explore the semiconductor job market, click here for semiconductor jobs.
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