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Assessing Southeast Asia countries' potential in the semiconductor supply chain: an objectively weighting multi-criteria decision-making approach

Engineering and Technology

Assessing Southeast Asia countries' potential in the semiconductor supply chain: an objectively weighting multi-criteria decision-making approach

C. Wang, N. Nhieu, et al.

This study highlights the potential of Southeast Asian countries in the semiconductor supply chain using an innovative Multi-Criteria Decision Making approach. By integrating the CRITIC and TOPSIS methods, it identifies Singapore and Malaysia as frontrunners, with Vietnam and Indonesia showing promise yet facing challenges. Conducted by Chia-Nan Wang, Nhat-Luong Nhieu, Chen-Te Chiang, and Yen-Hui Wang, this research provides a valuable framework for policymakers and investors.

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Playback language: English
Abstract
This study assesses the potential of Southeast Asian countries to participate in the semiconductor supply chain using a Multi-Criteria Decision Making (MCDM) approach that integrates the Criteria Importance Through Inter-criteria Correlation (CRITIC) method and the Technique for Order Preference by Similarity to Ideal Solution (TOPSIS). Fifteen indicators, encompassing economic stability, technological innovation, and infrastructure, were weighted using CRITIC and ranked using TOPSIS. Singapore and Malaysia showed the highest potential due to advanced infrastructure and stable economies; Vietnam and Indonesia also showed promise but with limitations. The study provides a framework for policymakers and investors to enhance Southeast Asia's semiconductor supply chain integration.
Publisher
HUMANITIES AND SOCIAL SCIENCES COMMUNICATIONS
Published On
Sep 27, 2024
Authors
Chia-Nan Wang, Nhat-Luong Nhieu, Chen-Te Chiang, Yen-Hui Wang
Tags
semiconductor supply chain
Southeast Asia
Multi-Criteria Decision Making
CRITIC method
TOPSIS
economic stability
technological innovation
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