CHAIRMAN & PRESIDENT MESSAGE
Message from the Chairman
The Philippine semiconductor and electronics industry continues to be a vital engine of economic growth and a key contributor to Foreign Direct Investments (FDI). We are proud to be among the largest job generators in the country, directly and indirectly employing over 3 million direct and indirect workers– our industry’s most valuable assets.
It has been 5 years since the challenges posed by the COVID-19 pandemic, and the electronics industry still continues on being resilient. In 2024, the industry totaled USD 42.74 billion, accounting for 58.38% of the Philippines’ total exports, generating approximately 3.9 trillion Philippine peso, establishing the nation as a major participant in international supply chains.
The Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) stands as an organization representing world-class companies engaged in the design, manufacture, and export of cutting-edge electronic products. Our members produce an array of products from semiconductor components, integrated circuits, automotive electronics, medical devices to smart appliances. These technologies from the backbone of global digital transformation and have been instrumental in helping the Philippines keep-up with the steadfast demand of this generation, and the more to come.
SEIPI is committed in its mission to enhance the business environment for our members. Fostering industry collaboration, supporting technology adoption, and strengthening linkages with academia. Through partnerships with government agencies and international stakeholders, we advocate for policies that promote innovation competitiveness, and ease of doing business.
We invite individuals and organizations who share our vision to become part of SEIPI. Together, we can strengthen the Philippines’ position in the charts as a global electronics hub and continue transforming lives through collaborated innovation.
Together, let’s work together to foster a brighter future.
Sincerely,
ENGR. NORBERTO “BING” VIERA
President and Country Manager, Amkor Technology Philippines
Chairman, SEIPI
Message from the President
After focusing on recovery in 2021, the Philippine Semiconductor and Electronics Industry was able to sustain its growth in 2022, thanks to the strong spirit and camaraderie among our industry members and steadfast partners.
The industry reached an all-time record of US$ 49.09 billion in exports in 2022, a 7% annual growth from 2021, and 13% higher than the pre-pandemic exports. The industry remains to be the top commodity exporter in the Philippines, accounting for 62.3% of the country’s total commodity exports, and a significant economic and Foreign Direct Investment (FDI) growth driver.
Despite this outstanding export performance and the easing of pandemic-related restrictions and challenges in 2022, the industry faced various regulatory issues. Right after the national elections, SEIPI set up meetings with the new administration’s leaders to voice the industry’s concerns, especially on the high operating costs and difficulties with the Ease of Doing Business (EODB), in order to enhance our country’s competitiveness and attractiveness to foreign investors. The invaluable assistance of DTI, PEZA, ARTA, DOLE, and TESDA, our government partners who have helped us in the resolution of concerns, such as the continuance of the work-from-home (WFH) arrangement for non-production departments, imposition of Value-Added Tax (VAT) on constructive exporters and manufacturing support functions, and supply chain-related concerns, including the logistics delays caused by the implementation of the Ban on Firearms and Controlled Chemicals during the national elections.
SEIPI and our Technical Working Groups (TWG) on Industry 4.0, Parts Localization, IC Design Sector, and Electric Wire Cluster, pushed forward to achieve our goals in line with the electronics roadmap and the industry’s aim to lessen our dependence on importation, with the support of our government partners such as DTI and DOST. Our Networking Committees, as well as the VisMin (Visayas and Mindanao) and North Luzon chapters worked on projects, addressed their specific local concerns, and organized webinars on workforce development. SEIPI likewise pursued significant projects with its academe and international partners.
Another important milestone was the staging of the 17th Philippine Semiconductor and Electronics Convention & Exhibition (PSECE) after a two-year interruption. The PSECE featured 211 local and international booths, including its first-ever Academe Pavilion, as well as 10,172 visitors and delegates. The country’s premier electronics event highlighted the digital transformation capabilities of our members and partners, and job fair, and the industry’s important role in the country’s economic recovery during the pandemic.
SEIPI opened the year 2023 by co-organizing a US business mission at the Consumer Electronics Show in Las Vegas, then at Silicon Valley in California, with the DTI, DOST, DICT, and PEZA, to promote the industry’s capabilities to the world, explore investment opportunities, and learn advanced products and emerging technologies. We have likewise ramped up our efforts to pursue critical advocacies and initiatives, organize hybrid and in-person events, and develop new partnerships, to help the industry reach greater heights.
God bless us!
DAN LACHICA
President, SEIPI