Electronics

RISING global fuel prices resulting from unrest in Northern Africa and the Middle East are jacking up the costs of local electronics exporters, according to the Semiconductor and Electronics Industries in the Philippines Inc. (SEIPI).

MANILA, Philippines –  Semiconductor and Electronics Industries in the Philippines Inc (SEIPI) reported yesterday that the industry attracted $2.318 billion or P102.5 billion worth of investments in 2010.

MANILA, Philippines – Investments in the country’s electronics industry reached a record level of $2.318 billion or P102.5 billion in 2010.

ELECTRONICS investments and exports could enjoy a boost this year with the European Union poised to eliminate tariffs on several high-tech goods by June 30 in compliance with a World Trade Organization (WTO) ruling.

THE electronics industry performed better than expected in 2010, with the full-year exports believed to have exceeded $30 billion from only $22.2 billion in 2009, or a 35.1-percent growth that exceeded forecasts.

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.

LOCAL DEMAND for electronics as well as for engineering products and services is expected to ride on a projected 9.1% rise in spending on information and communications technology (ICT) next year, experts said at the start of an industry conference yesterday.

MANILA, Philippines – The electronics industry is expecting exports to hit $50 billion in six years and investments to reach $2 billion in 2011 from only $1 billion this year.

THE ELECTRONICS industry is poised to gain from a likely swifter removal of European Union (EU) tariffs on several high-tech goods. This, after the Western bloc held off from appealing a World Trade Organization (WTO) order for it to do so, Ambassador Manuel A. J. Teehankee, the country’s permanent representative to that body, said in…

MANILA, Philippines – Research group International Data Corp. (IDC) said it sees 2010 as the springboard for faster growth of the hardcopy peripherals (HCP) market in the Philippines in the coming years.

MANILA, Philippines—The Semiconductor and Electronics Industries of the Philippines Inc. is urging the government to put up a research and development facility that will enable the country to attract the billions of dollars in investments that are now being poured into neighboring economies.

THE PHILIPPINES will do well to increase its presence in the global supply chain for solar electronics, an industry group said yesterday. This fast-growing segment will be among the new niches to be recommended for government support in an industry road map slated for completion by October, Semiconductor and Electronics Industries in the Philippines, Inc.…

Sales abroad of Philippine-assembled electronics products grew at their fastest pace on record, as the country’s overall exports continued to expand by double-digits in June. In a statement, the National Statistics Office (NSO) reported that the country’s merchandise trade shipments abroad increased 33.4 percent to $4.545 billion from $3.407 billion in June last year.

The Commission on Elections expects to add 1.5 million new voters to its list during the 10-day listing period in connection with the barangay elections in October.

EMPLOYMENT in the electronics industry fell in 2008 due to the global economic crisis, the National Statistics Office (NSO) said. The NSO said total employment stood at 180,415 down from the 219,312 in 2006.

FOREIGN ELECTRONICS and technology experts are confident that even if the world has not yet fully recovered from the recession, consumers would go on buying gadgets and investing in technology.

MANILA, Philippines – Investments into the electronics industry surged by more than 10 times to $437 million during the first five months of this year from only $41.34 million a year ago, the Semiconductor and Electronics Industry in the Philippine Inc. (SEIPI) said yesterday.

MANILA, Philippines – The chairman of the House of Representatives Committee on Suffrage and Electoral Reforms on Monday opposed a plan to automate the May 2013 mid-term elections after proving that there was systematic cheating in the local polls last May 10.

THE Philippines’ biggest dollar-earning industry has jacked up its growth projection for the year as the sector enjoys continuous investment inflows. Arthur Young, Semiconductor and Electronics Industry in the Philippines Inc. (SEIPI) chairman, said the group’s board on Friday raised its growth forecast for this year to between 25 percent and 30 percent.

MANILA, Philippines – Most national and local candidates lied in their statements of contribution and expenditures and actually spent more than what is allowed by law in the May 2010 polls.

MANILA, Philippines – The semiconductor and electronic business in the Philippines is being revitalized this year through the initiative of the Congressional Commission on Science, Technology and Engineering (Comste) by forging an agreement with the Taiwan’s Industrial Technology Research Institute (ITRI).

MANILA, Philippines – The impressive rebound of the electronics industry can be driven into sustained high growth if the Philippines embarks on an aggressive investment promotions campaign aimed at luring in the big multinationals, officials of a major electronics association said.

MANILA, Philippines – Investments in the electronics industry are expected to exceed $1 billion this year with January to May investments hitting $418.53 million.

THE Commission on Elections (Comelec), Malacañang Palace and the leaders of both houses of Congress are all agreed—as most of the Filipino people seem to—that the May 10 elections were a success. They have declared that the first Automated Election System (AES) experience of the Filipinos resulted in credible elections. And Comelec is now deciding…

SEATTLE—Worldwide personal computer shipments increased more than 20 percent in the first three months of 2010 from the same period a year ago, a sign the PC business is on firmer ground after one of its shakiest stretches ever.

THE Philippine export sector sees semiconductor and electronics investments surging amid expectations of a quick recovery in demand.Senen Perlada, Export Development Council executive director, said the sector may enjoy a “V-shaped” recovery, helping jack up the country’s total merchandise exports by about a tenth this year.

MANILA, Philippines – Investments in the country’s electronics sector went up 20 percent in 2009 compared to the previous year as the global economy starts recovering from the recent financial crisis, the Semiconductor and Electronics Industries in the Philippines Inc. (SEIPI) reported.

WASHINGTON (AFP) – Worldwide sales of personal computers are expected to grow nearly 20 percent this year over 2009, with laptops driving new sales, research group Gartner said on Thursday.

Taiwanese electronics and information technology (IT) firms are looking at the possibility of directly investing in the country or partnering with local firms, the Manila Economic and Cultural Office (MECO) said on Thursday.

MANILA, Philippines – After a brutal decline since the fourth quarter of 2008, the country’s top export, electronics is seen by its leaders to bounce back to a modest growth this year.