THE Philippine semiconductor industry has seen minimal growth this year, stakeholders said as they urged the government to boost support for the biggest contributor to the country's export revenues.Semiconductor shipments accounted for around 75 percent of the $27.5 billion in Philippine electronics exports from January to August, they added, up just 1.0 percent annually and an indication that the country was failing to capitalize on global demand.Officials from Ionics EMS Inc.
Amkor President Bing Viera, meanwhile, said that 'without the government giving good investment incentives, investors will look elsewhere and the factories will be put in other countries.''We want predictable and continuous government policies,' he added.A lack of attention to education and skills training for the sector is also a growing concern, they said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
PBBM: Geopolitics hampering PHL semiconductor industry growthGeopolitics is hampering the growth of the country's semiconductor industry, according to President Ferdinand Marcos, Jr. “We have all kinds of issues when it comes to digital space, when it comes to planning our semiconductor industry. They are new and we’re trying to wrestle with how to deal with them.
Source: BusinessMirror - 🏆 19. / 59 Read more »
Lamudi Recognizes Key Industry Players in Philippine Real Estate Awards Ceremony on Nov 21Developers from across the country will soon gather at The Outlook 2024: Philippine Real Estate Awards to celebrate this year’s outstanding real estate
Source: MlaStandard - 🏆 20. / 55 Read more »
Lamudi recognizes industry players in Philippine Real Estate AwardsDevelopers from across the country will soon gather at The Outlook 2024: Philippine Real Estate Awards to celebrate this year’s outstanding real estate projects and communities.
Source: manilabulletin - 🏆 25. / 51 Read more »
Philippine ride-hailing industry wishlistTHE ride-hailing industry has become an indispensable part of the Philippines' urban mobility landscape, providing millions of Filipinos with convenient transportation options while generating livelihood opportunities for drivers.
Source: TheManilaTimes - 🏆 2. / 92 Read more »