President Ferdinand R. Marcos Jr. expects the country’s semiconductor industry to grow as more skilled Filipinos enter chip manufacturing and integrated circuit (IC) design.
During a meeting with Amkor Technology, Inc. officials, led by COO Kevin Engel, in Malacañang, Marcos Jr. highlighted its key role in industry expansion.
“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.
Amkor Technology Philippines, Inc. was established in 1989 and registered with the Philippine Economic Zone Authority in December 1995.
Amkor Technology Philippines, Inc., established in 1989 and registered with the Philippine Economic Zone Authority in 1995, specializes in semiconductor manufacturing, back grinding, wafer mapping, assembly, and strip testing. The company plans to shift production from China to the Philippines.
The semiconductor industry plays a major role in the country’s electronics sector, accounting for nearly 40% (USD 29.16 billion) of total exports in 2024.
The Philippines is also home to major electronics firms, including Panasonic Murata, Sumitomo Electric, Samsung, Brother, Canon, Toshiba, and Epson.
Amkor executives expressed support for the industry’s expansion, citing the country’s skilled workforce.
“You guys have a very good workforce, and you can continue to grow,” an Amkor Technology official said.
Attending the meeting were Engel, Corporate Vice President Mohandass Sivakumar, and Amkor Technology Philippines President and Country Head Norberto Viera.IMT
