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US chip firms being pitched on expanding PHL footprint
US semiconductor companies are considering expanding their manufacturing operations in the Philippines, a move that aligns with the nation's goal to strengthen its position in the global technology supply chain.
Department of Trade and Industry (DTI) Secretary Cristina Roque discussed these potential expansions with interested firms, including Texas Instruments, during her recent visit to Washington, DC.
Texas Instruments, a US semiconductor firm with a 40-year presence in the Philippines, has specifically expressed interest in increasing its manufacturing capacity through an expansion.
Roque also met with executives from the US Semiconductor Industry Association (SIA) to pitch them on operating in the Philippines.
Semiconductors are the Philippines' number one export to the US, and the DTI aims to secure a greater role in the chip value chain.
Electronics were the top commodity export of the Philippines last year, accounting for 53.4% of total exports, though this value decreased by 6.7% in 2024 to $39.1 billion.
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