LG Electronics is making significant strides to position its ES Company as a global provider of heating, ventilation, and air conditioning (HVAC) solutions. The company places particular focus on AI-powered cooling systems designed for data centers. As artificial intelligence continues to advance,...
The tariff exemption on electronic products ordered by United States (US) President Donald Trump would provide the Philippines' top export commodity some relief, according to Japanese financial giant MUFG Bank Ltd. This will reinforce the Philippines' position among the emerging markets relatively...
4Ps Party-list Rep. Marcelino "Nonoy" Libanan (Ellson Quismorio/ MANILA BULLETIN) House Minority Leader 4Ps Party-list Rep. Marcelino "Nonoy" Libanan believes that the Philippines is on the cusp of being a major player in the world...
Silicon Valley-based Omega Global Technologies Inc. (GTI), a fourth-party logistics (4PL) firm specializing in the global semiconductor and electronics sector, has strengthened its international presence by opening a facility in the country, according to the Department of Trade and Industry (DTI)....
Integrated Micro-Electronics Inc. (IMI), the Ayala Group’s global electronics manufacturing unit, reported a much lower net loss of $36.5 million last year from the $109.2 million loss incurred in 2023 after implementing cost reduction measures. In a disclosure to the Philippine Stock Exchange,...
Ayala Corporation, the country’s oldest conglomerate, is no longer selling manufacturing subsidiary Integrated Micro-electronics Inc. as the unit has managed to turnaround after measures were taken to cut losses. In an interview, Ayala Chief Finance Officer Alberto M. de Larrazabal said that they...
The Ayala Group’s Integrated Micro-Electronics, Inc. (IMI), a leading provider of electronics manufacturing services, announced the closure of its facility in Chengdu, China. In a disclosure to the Philippine Stock Exchange, the firm said this move is part of its ongoing efforts to streamline...
WT2117 WashTower LG Electronics leads the pack in laundry innovation with its WashTower lineup. These washer-dryer units feature cutting-edge AI technology redefining convenience, durability and performance. Here are the reasons why the LG Wash Tower is the choice for...
Integrated Micro-Electronics Inc. (IMI), the Ayala Group’s electronics manufacturing unit, reported that its net loss ballooned almost five-fold to $9.2 million in the first nine months of 2024 from $1.6 million in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE),...
BACOLOD CITY – An electronics engineering licensure examination topnotcher from La Carlota City, Negros Occidental topped the October 2024 Electronics Technician Licensure Examination (ECTLE). Engr. Niele Shem Bañas garnered a 93 percent rating in the ECTLE, six months after topping the April...
Philippine-assembled electronics—the country's top merchandise export—may be hurt by bigger Chinese production, the World Bank said. In an Oct. 31 report, the Washington-based multilateral lender cited that the Philippines' semiconductor exports shrank 13.8 percent year-on-year in...
The Manila Electric Company (Meralco) and South Korea’s Samsung C&T Corporation Engineering & Construction (Samsung C&T) Group have joined forces to promote the adoption of nuclear energy in the country. In a statement, Meralco said that the memorandum of understanding (MOU)...
