Author Topic: Status of the Electronics Industry in the Philippines  (Read 450 times)

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Status of the Electronics Industry in the Philippines
« on: February 01, 2012, 10:13:05 AM »
By BERNIE CAHILES-MAGKILAT
MANILA Bulletin

Philippines — The electronics industry considered 2012 as its rebound year where growth is expected at 20 percent to regain last year’s loss and get back to the 2010 level with more new investments coming in including the P20 billion printer manufacturing facilities of Canon, another printer project of Brother of Japan and the P350 million project of Murata Manufacturing Co. Ltd.

Ernesto Santiago, president of the Semiconductor and Electronics Industry of the Philippines Inc. (SEIPI), told reporters at the sidelines of the “DTI-BOI 2012 Strategic Industry Development Forum: Partnership for Inclusive Growth,” that the industry is going to recover this year to its 2010 level.

“We were down 20 percent in 2011. This year 2012 is a snap back year,” Santiago said.

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