GMA News
US semiconductor firm eyes expansion in Philippines
American semiconductor company Analog Devices, Inc. (ADI) will invest USD200 million in a new research and development (R&D) facility in the Philippines as part of its expansion efforts.
The announcement was made during a meeting between ADI officials and President Ferdinand R. Marcos Jr. in Washington D.C.
This new R&D facility will complement ADI's existing LEED-certified production facility located in the Gateway Business Park in Cavite.
President Marcos Jr. conveyed the Philippine government's support for ADI's future projects.
ADI plans to enhance its manufacturing operations by focusing on advanced technologies, moving beyond basic processes.
The company is establishing a 300-mm Center of Excellence in Cavite dedicated to wafer programs and product development.
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