A global distributor of high service electronics and maintenance products has recently expanded its operations in Singapore to be able to serve its Asia Pacific customers better.
RS Components, the trading brand of Electrocomponents plc, said it has made significant investments in Singapore by building up infrastructure and setting up a call centre.
The company said expanding the operations here is the latest among its initiatives to enhance customer service in the region. Also most recently, RS Components increased the local product range in the region, revamped its website and a new logistics facility in China.
Its expansion initiatives were partly driven by demand from customers from diverse industries, including electronics design, manufacturing, oil and gas, transportation and renewable energy.
RS Components said it has made Singapore a base for the regional hub because of its geographic location, advanced logistics and IT infrastructure, and skilled talent pool.
"Apart from a strong manufacturing base, we believe that Asia will be leading the next wave of global innovation within the next few years," said Richard Huxley, regional general manager, Asia Pacific, RS Components.
Huxley cited statistics showing that research and development (R&D) spending in Asia is growing, accounting for 35.3 percent of the global R&D spending. He also noted the recent announcement of the Singapore government that it would invest S$16.1 billion (US$12.7 billion) in the next five years to support research, innovation and enterprise activities.
"Our continued expansion and investments in the region are poised to leverage on these opportunities and enable us to maintain our position as the preferred long term partner for engineers across all industries within Asia Pacific," said Huxley.
The new 20,000-sq ft (1,860 sq m) office is located at the International Business Park in Jurong East, Singapore.
RS Components is part of London Stock Exchange-listed Electrocomponents which distributes more than 500,000 electronics products. (The story has been edited since it was first published).
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