Inquirer
Philippine semiconductor export growth seen flat this year
The Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) maintains its projection of flat to modest export growth for the year, with a possible increase of one to two percent.
SEIPI President Danilo C. Lachica cited advancements in artificial intelligence and the growth of data centers as key drivers for semiconductor and electronics demand.
He acknowledged that navigating economic and geopolitical factors, including potential US tariffs on semiconductors, presents challenges.
Lachica indicated that despite these challenges, the group is not predicting a decrease in exports.
The forecast is also anchored on technology drivers such as Industry 4.0, artificial intelligence, and big data.
Previously, SEIPI had projected a slight rebound of 1 to 2 percent in 2025, following contractions in 2023 and 2024.
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