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PBBM asks manufacturing firm to keep engaging with PH's semiconductor industry

Published Feb 25, 2025 09:00 am

President Marcos told officials of a manufacturing company to continue engaging the Philippines as it aims to boost its semiconductor industry.

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President Ferdinand 'Bongbong' Marcos Jr. and Amkor Technology Inc. chief operating officer Kevin Engel meet at the Malacañan Palace on Feb. 25, 2025. (Photo courtesy of Malacañang)

Marcos made the statement as he believes that the semiconductor industry in the country will grow as more skilled Filipinos become capable of working as chip manufacturers and integrated circuit (IC) designers.

"Your continued involvement in the Philippines is something that certainly we would like to encourage as we are trying to move our semiconductor industry up the value chain from pure fabrication to design," he said during a meeting with officials from Amkor Technology, Inc., led by chief operating officer (COO) Kevin Engel, at the Malacañan Palace on Tuesday, Feb. 25.

During the meeting, the President stressed the company's significant role in expanding the industry.

Amkor Technology Philippines, Inc. was established in 1989 and registered with the Philippine Economic Zone Authority (PEZA) in December 1995.

It specializes in manufacturing semiconductor devices and lead types and provides various services, including back grinding, wafer mapping, assembly, and strip testing.

The semiconductor industry accounts for a significant portion of the country's electronic sector.

In 2024, semiconductors accounted for almost 40 percent or $29.16 billion of total exports.

The country also hosts renowned semiconductors and electronics companies, including Panasonic Murata, Sumitomo Electric, Samsung, Brother, Canon, Toshiba, and Epson.

During the meeting, Amkor executives supported the Philippines' bid to expand the semiconductor industry because of the country's "good workforce."

"You guys have a very good workforce, and you can continue to grow," an Amkor Technology official said.

Present during the courtesy call were Engel, Corporate Vice President Mohandass Sivakumar, and President and Country Head for Amkor Technology Philippines Norberto "Bing" Viera.

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Amkor Technology Inc. President Marcos Amkor Technology Philippines SEMICONDUCTOR
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