Despite strong demand globally, the Semiconductor and Electronics Industries in the Philippines, Foundation Inc. has kept its original 7 percent exports growth forecast this year, taking into consideration the impact of the strict lockdowns in the country and the ASEAN region.“Recovery on the Horizon: Igniting the Industry and Economy through Innovation and Policy Reforms” that the
He, however, expressed hope that as conditions improve restrictions will reduce “We will be able to live up to a larger potential.” The pandemic has brought learning into the digital classrooms around the world and this new normal is likely to remain. This was made possible by 5G networks and other improvements to connectivity, fueling a rapid rate, he said.
To address the legislative and regulatory concerns of the industry, SEIPI President Dan Lachica said they are working with various policymakers and government agencies, such as the Department of Trade and Industry, the Philippine Economic Zone Authority, the Anti-Red Tape Authority . SEIPI’s electronics roadmap, in collaboration with DTI and Department of Science and Technology, is a work in progress. DOST
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