Inquirer
Philippine semiconductor export growth seen flat this year
The Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) maintains its forecast of flat to modest export growth for the year, anticipating rising demand to counteract potential US tariffs.
SEIPI President Danilo C. Lachica stated that the industry's growth is driven by increasing demand for artificial intelligence (AI) and data centers.
Despite geopolitical uncertainties and US tariff pronouncements, SEIPI's forecast is also anchored on technology drivers such as Industry 4.0, AI, and big data.
The group had previously projected a slight rebound of 1 to 2 percent in 2025, following contractions of 8 percent in 2023 and 6 percent in 2024.
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