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Manila Bulletin devider Philippines devider National devider PH to produce 128,000 semiconductor engineers by 2028—Marcos

PH to produce 128,000 semiconductor engineers by 2028—Marcos

Published Mar 11, 2024 09:29 am

The Philippines is expected to produce around 128,000 semiconductor  engineers and technicians poised to meet the demand of technology in the coming years, President Marcos said.

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President Ferdinand 'Bongbong' Marcos Jr. meets with US Secretary of Commerce Gina Raimondo at the Malacañan Palace on March 11, 2024.( Photo courtesy of Malacañang)

Marcos said the country is hoping to achieve this by 2028 with the support from the United States under its CHIPS Act, which authorizes new funding to boost research and manufacturing of semiconductors in the US.

“So, with the potential support from the United States under the CHIPS Act, we are poised to churn out a robust talent pool of 128,000 semiconductor engineers and technicians by the year 2028, ready to meet the expanding needs of high-technology industries,” Marcos said in his address during the courtesy call of the US government and Presidential Trade and Investment Mission (PTIM) delegation at the Malacañan Palace on Monday, March 11.

Accounting for 60 percnt o the total, the semiconductor and electronics sector is the top performer in merchandise exports for the Philippines.

The President said this volume attests to the quality of the Filipino workforce being “young, highly skilled, fast learners, creative, productive, adaptable to diverse cultures.”

The Chief Executive said that the Philippines is ready to support US companies in their research and development endeavors, as well as other support operations.

“With our standing proposition to the US semiconductor companies to invest in a laboratory-scale wafer fabrication facility in the Philippines, we can support the R&D (research and development), and advanced assembly, packaging, and test requirements of U.S. companies that are into semiconductors and electronics manufacturing services,” Marcos said.

“This would enable Filipino professionals to create prototypes and tape-outs of integrated circuits, actively engaging in the development of cutting-edge, high-value products and services, thereby contributing to the advancement of a technology-driven economy," he added.

Marcos met with the American officials before he departed for Germany. 
 

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