Electronics

MANILA, Philippines – The government said that laid off workers in the electronics industry will now be rehired.

TAIPEI: Wrong-footed by rocketing consumer demand, Asian technology suppliers are scrambling to expand capacity before inventories run dry of everything from semiconductors to flat-panel screens.

THE global economic slowdown may not have hit the Philippines as hard as developed nations such as the United States and Japan, but it has almost crippled the country’s biggest export dollar earner—the semiconductor industry.

MANILA, Philippines—After suffering quarter after quarter of volume and revenue declines, the worst may finally be over for the global semiconductor industry, according to research firm iSuppli Corp. While the year was still seen to close on a low note, iSuppli senior vice president Dale Ford said full-year results would likely be better than originally…

The electronics industry is still hurting, but better times could be here before you know it.

MANILA, Philippines – The recovery has not been spectacular, but the country’s electronics industry has been inching up since the month of March.

MANILA, Philippines – The Technical Education and Skills Development Authority has earmarked P100 million to “retool” workers in the semiconductor and electronics sectors, in an effort to equip them with new skills that they can tap when the industry picks up.

MANILA, Philippines – There will be no additional retrenchment in the electronics industry as local players announced they are heading towards recovery.

MANILA, Philippines – Despite suffering a negative 8 percent industry growth in 2008, the country’s semiconductor and electronics manufacturing industry is expecting a slow recovery by the turn of this year.

MANILA, Philippines—The semiconductor industry may be on its way to recovery, as capacity utilization of manufacturing plants worldwide have started to pick up this quarter.

MANILA, Philippines – Agriculture will replace electronics as the country’s biggest export if the government will not be able to develop sophisticated infrastructure that will prevent big ticket investors like Texas Instruments from leaving the country in the next five years, an economist said yesterday.

Intel reported a steep decline on Tuesday in first-quarter net profit but the head of the world’s biggest computer chip-maker said he believed personal computer sales had “bottomed out.”

MANILA, Philippines—After a bad first quarter, the electronics industry seems to be showing signs of recovery, although at a very slow pace, according to an industry executive.

SINGAPORE: Charmaine Decena and her family had always dreamed of buying their own apartment in Singapore, but they are now staring at the possibility of returning to their hometown in the northern Philippines.

MANILA – ELECTRONICS company Amkor Technology has laid off 1,500 workers from its two plants in the Philippines due to declining orders, a company official said on Friday.

The local semiconductors and electronics export sector is already troubled by very slow orders these days and it does not help that companies are also finding it difficult to access credit lately, an industry official said.

No new investments investments are expected in the local electronics industry as a result of a sharp cut in demand due to the global economic downturn, the Semiconductors and Electronics Industries of the Philippines (SEIPI) said yesterday.

The local semiconductors and electronics export industry is bracing for an even worse first quarter of 2009, a top player in the sector said Tuesday.