SG-based semiconductor startup Silicon Box's losses triple in FY23 on bulging expenses

SG-based semiconductor startup Silicon Box's losses triple in FY23 on bulging expenses

A Silicon Box signage is pictured during the opening of their advanced semiconductor manufacturing foundry in Singapore July 20, 2023. REUTERS/Edgar Su/File Photo

Silicon Box, a Singapore-based semiconductor design and device integration services startup, reported a 3.2x surge in losses for the financial year ended December 31, 2023, even as it declared revenue for the first time since its inception in 2021, regulatory filings showed.

Edited by: Joymitra Rai