US seeks boost for Philippine chip sector as competition mounts with China

© The Financial Times Limited 2024. All Rights Reserved. Not to be redistributed, copied or modified in any way. US commerce secretary Gina Raimondo has called for a sharp increase in capacity for assembling, testing and packaging semiconductors in the Philippines, as Washington seeks to bolster rapidly growing defence co-operation with its oldest Asian ally. […]

US seeks boost for Philippine chip sector as competition mounts with China

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The Financial Times

© The Financial Times Limited 2024. All Rights Reserved.

Not to be redistributed, copied or modified in any way.

US commerce secretary Gina Raimondo has called for a sharp increase in capacity for assembling, testing and packaging semiconductors in the Philippines, as Washington seeks to bolster rapidly growing defence co-operation with its oldest Asian ally.

The Philippines has 13 so-called back-end semiconductor plants that specialise in assembling, testing and packaging chips manufactured elsewhere.

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