Electronics sector sales expected to double in six years

Published by rudy Date posted on December 20, 2010

THE ELECTRONICS industry, the country’s largest export earner, could double its sales in six years with pledges for new manufacturing investments and expansions stacking up and 2010 performance so far bouncing back from 2009’s slump, an industry group said.

The government, however, will have to do its part by addressing the high cost of doing business to attract even more investors, the Semiconductor and Electronics Industries in the Philippines, Inc. (SEIPI) said.

“We are looking at doubling exports within the next six years,” SEIPI President Ernesto B. Santiago said in a telephone interview last Thursday.

This will mean $44.346 billion in electronics export sales by 2016, a 100% increase from the $22.173 billion made last year, Mr. Santiago said. — JADH, Businessworld

March –
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every day of the year/s!”

Invoke Article 33 of the ILO Constitution
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Accept the National Unity Government (NUG) 
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Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
   Women’s Week
Week 3: Philippine Industry and “
   Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
   of the Girl Child Week
Daily Observances:

March 8: Women’s Rights and   
   International Peace Day;
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March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
   of Racial Discrimination
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