Nearly 100 leaders, decision-makers and logistics experts in global semiconductors industries from 52 countries met in the Philippines to map out strategic plans for collaboration and explore new opportunities emerging in cross-border partnerships and innovation in freight logistics.
The Europe Asia Alliance (EAA) Annual Global Meeting 2025, hosted by the Container Bridge Philippines, Inc., the exclusive Philippine representative of the EAA, and a valued investor in the Philippine Economic Zone Authority (PEZA), brought together these leaders last March 12, ns a statement from PEZA late Monday showed.
The holding of the EAA Annual Global Meeting 2025 at the Shangri-la Boracay, on March 12, has highlighted the important role the Philippines continues to play in the global semiconductor supply chain, particularly in the outsourced semiconductor assembly and testing fields, according to Tereso Panga, PEZA director-general.
Panga, who spoke during the EAA Annual Global Meeting 2025, cited a report of the global data repository, The Observatory of Economic Complexity (OEC), showing that in 2023, the Philippines was the 9th largest exporter of integrated circuits, shipping out $28.9 billion worth of ICs, to Hong Kong ($7.33 billion); China, ($6.79 billion); Singapore, ($3.25 billion); Germany, ($2 billion);and the United States ($1.39 billion). A check done by the Malaya Business Insight of publicly available data about the Philippines’ exports in the sector in 2023, showed that it exported an additional $2.96 billion worth of other semiconductor devices in the same year, bringing the total Philippine semiconductor exports, including ICs, in 2023, to $31.86 billion.
ICs are chips that run most electronic devices, including computers, smartphones, televisions, and other devices
In a separate report, international business accelerator, Source of Asia said that in Southeast Asia, the Philippines ranked fourth among top contributors of semiconductors specializing in backend processes.
PEZA has 482 companies registered as offering electronics manufacturing services and semiconductor manufacturing services (EMS-SMS), with P980 billion cumulative investments from 1995 to 2023, and 363,113 workers.
