The Philippine electronics industry is targeting $50 billion in exports this year, 70 percent or $35 billion of which, will come from semiconductors, according to the SEIPI. Know more:
The Philippine electronics industry is targeting $50 billion in exports this year, 70 percent or $35 billion of which, will come from semiconductors, according to the Semiconductor and Electronics Industries in the Philippines Foundation Inc. .
According to SEIPI, the semiconductor industry accounts for a significant amount of the country’s export revenues. Dubbed as the “most influential tech event in the world,” the Consumer Electronics Show 2023 presented wide opportunities for the Philippines to promote its capabilities in the electronics industry and explore partnerships with academic and research institutions.
As automotive electronics become more sophisticated, the organization stressed most of those chips too are made in the Philippines. For his part, Trade Secretary Alfredo E. Pascual underscored the importance of the Indo-Pacific Economic Framework in moving the Philippines up the supply chain.
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