Strategic initiative brought together global corporations and local enterprises to drive co-development and innovation.
The Singapore Manufacturing Federation (SMF) led the MNC-LE Alliance Roundtable, bringing together multinational corporations and local enterprises to strengthen collaboration and drive industry transformation in Singapore.
Supported by the Singapore Economic Development Board (EDB) and Enterprise Singapore, the MNC-LE Alliance was designed to bridge the gap between global companies and high-potential local firms. The initiative moved beyond traditional buyer-vendor relationships and focused on long-term strategic co-development.
The roundtable session featured participation from major companies including HP Inc., Coherent Corp., and LKH Precicon Pte Ltd, along with other industry players.
During the session, speakers shared updates on ecosystem support provided by SMF, EDB, and Enterprise Singapore, which have enabled the Alliance to grow. Open discussions allowed multinational corporations and local enterprises to address collaboration challenges and explore practical solutions to align expectations.
A key highlight included case studies demonstrating ongoing work-in-progress matching between SMF member solution providers and problem statements from HP Inc. and Coherent Corp. This provided a live example of how the Alliance facilitated real industry collaboration.
In addition, LKH Precicon presented its capabilities and services during a curated pitching session, showcasing how local enterprises could contribute to solving industry challenges.
The event underscored the importance of partnerships between multinational corporations and local enterprises in building a more innovative and competitive manufacturing ecosystem in Singapore.
Source: SMF
