by Louella Desiderio (The Philippine Star), 11 Sep 2020
MANILA, Philippines — With the outbound shipments of electronic products on a double-digit decline in the seven months to July this year, the Semiconductor and Electronics Industries in the Philippines Foundation Inc. (SEIPI) expects total electronics exports to fall by a fifth this year from a year ago.
SEIPI president Dan Lachica said the group is projecting a 20 percent drop in the shipments of electronic products, the country’s top export.
“Our projection of negative 20 percent is still dependent on the quarantine status, and stability of supply chain and workforce,” he said.
Last year, the country exported $43.3 billion worth of electronic products.
SEIPI initially projected a five percent growth in electronic exports this year.
At the start of the year, operations of some SEIPI members were affected by the eruption of Taal Volcano in Batangas as a large number of them are located in the economic zones in CALABARZON.
The lockdown imposed to contain the spread of the coronavirus disease 2019 or COVID-19 also disrupted the supply chain.
Given the uncertainty brought by the pandemic, Lachica said was unlikely to meet the projected five percent growth.
Latest data from the Philippine Statistics Authority showed the country’s electronic exports reached $19.44 billion in January to July. 13 percent lower than the $22.35 billion last year.
In July, Philippine electronics exports dipped 2.6 percent to $3.35 billion from $3.44 billion in the same month in the previous year.
June 2025
Philippine Environment Month!
“Action for Nature, for the Future!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
Monthly Observances:
1 Jun – World Day of Parents
5 Jun – World Environment Day
7 Jun – World Food Safety Day
8 Jun – World Oceans Day
12 Jun – World Day Against Child Labour
15 Jun – World Elder Abuse Awareness Day
16 Jun – International Day of Family Remittances
17 Jun – World Day to Combat Desertification and Drought
20 Jun – World Refugee Day
25 Jun – Day of the Seafarer
27 Jun – Micro-, Small and Medium-sized Enterprises Day
Daily Observances:
June 6: Migrant Workers Day
June 19: Filipino Youth Day
June 25: Day of the Filipino Seafarer
