Semiconductors and electronic products account for 60% of the Philippines’ export and is projected to reach US$54-BILLION this year, a national newspaper recently reported.
The amount could easily double as soon as the country becomes a processor of raw silicon sand into a server or gadget-ready semiconductors. These were ventilated at a Senate committe hearing this week with environment and trade officials which tackled the proposed ‘Clark Advanced Manufacturing Hub’ in Capas, Tarlac earlier touted as Pax Silica.
Semiconductors and electronic products “start with ultra-pure raw materials like silicon extracted from quartz sand, specialized compound elements, and conductive metals. These foundational elements are refined and processed to build microchips, circuit boards, and everyday electronic hardware”.
So far, US companies like Texas Instruments and Amkor are among the tech company locators in the Philippine export processing zones (EPZs) that deal in semiconductors and electronic products.
