Integrated Micro-Electronics Inc. (IMI), the Ayala Group’s semiconductor manufacturing arm, reported that its net loss ballooned to $109.2 million last year, 16 times the loss of $6.8 million in 2022. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its 2023 performance...
The Ayala Group’s tech manufacturing arm Integrated Micro-electronics Inc. (IMI) announced that its Chief Executive Officer Arthur R. Tan will be replaced by Lou Hughes in May this year. IMI CEO Arthur R. Tan In a disclosure to the Philippine Stock Exchange (PSE), IMI said Tan will no longer...
The Professional Regulation Commission (PRC) on Monday, Dec. 11, released the results of the December 2023 technical evaluation for upgrading as professional mechanical and electronics engineers. Photo credit to Pixabay As per PRC, 189 examinees passed the evaluation for mechanical engineers, while...
The Ayala Group’s manufacturing arm Integrated Micro-Electronics Inc. (IMI) reported a net loss of $1.6 million in the first nine months of 2023 from $0.81 million in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said revenues were lower and the...
Vice President and Education Secretary Sara Duterte is pushing for an increased collaboration between the education sector and the semiconductor and electronics industry to provide ample opportunities for students and continuous growth for the industry. Vice President Sara Duterte delivers her...
Integrated Micro-Electronics Inc. (IMI), the manufacturing arm of the Ayala Group, saw its net loss balloon to $82.9 million in the second quarter of 2023 from the $3.5 million loss incurred in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said this includes...
President Ferdinand “Bongbong” Marcos Jr. on Monday, May 1 (US time), witnessed the signing of a a memorandum of agreement (MOA) between Integrated Micro-Electronics Inc. (IMI) of the Ayala Group and California-based Zero Motorcycles that would bring some 200 jobs to the Philippines for the...
Trade and Industry Secretary Alfredo E. Pascual has called for more investments in high value products to arrest the worrisome decline in the country’s exports. Trade and Industry Secretary Alfredo E. Pascual The DTI chief pointed out to the 18.1 percent decline in the country’s merchandize...
The Philippines electronics industry is looking at hitting $50 billion exports this year of which 70 percent or 35 percent will come from the semiconductor sector, according to the Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI). SEIPI President Dan Lachica...
The Department of Science and Technology (DOST), had a unique opportunity to show off its technologies that are at par with other global creations during the Consumer Electronics Show (CES) 2023 in Las Vegas, Nevada, and Business Mission in Silicon Valley, San Francisco, California from January 5...
Various stakeholders of the Philippine Economic Zone Authority (PEZA) have endorsed to Malacanang Officer-in-charge (OIC) Deputy Director General Tereso O. Panga to stay on as leader of the agency that administers the country’s economic zones and their export-oriented locators. The endorsements...
Samsung Electronics Co., Ltd. unveiled last January 3 in Las Vegas, Nevada its new lineups of Neo QLED, MICRO LED, and Samsung OLED. A selection of lifestyle products and accessories were also disclosed. At the CES 2023, Samsung will showcase innovative products that are designed to improve...
