These figures may augur well for the industry, but SEIPI business lead Jaja Gaid is quick to point out that the Philippine is not quite there among the leaders in the region as far as the industry is concerned.
Gaid shared that SEIPI was represented in the international electronics forum in France last October where the city mayor articulated their interest in a possible partnership.
Founding members of the new affiliate organization include SEIPI (Semiconductor and Electronics Industries in the Philippines Inc.
The formation of RosettaNet Philippines is the result of passionate commitment by key private sector companies who believe that adopting e-business standards like RosettaNet is vital to the country's pursuit of global competitiveness," said Ernesto Santiago, executive director of SEIPI.
official said that the industry group was hoping that exports would recover this year given indications that Mr.
SEIPI also said this situation could reverse the projected 5.
According to the SEIPI statement, the industry faces the risk of line shutdown if materials don't arrive on time.
Cristobal has assured SEIPI of continued support stressing that its supplemental roadmap will be facilitated through the mobilization of resources in collaboration with relevant government agencies.
During the presentation of the Electronics Industry roadmap at the DTI's Trade and Industry Updates (TID Updates) forum late last year, SEIPI President Dan Lachica informed stakeholders that challenges to the industry include high power and imported raw materials cost, short product life cycles, and low level of technology that limits operations to processing, assembly and testing.
The strategy being eyed by SEIPI is to adopt parallel tracks of growth both the test and assembly of the existing semiconductor firms and pushing for more of the growth sectors.
That is the role of the new SEIPI think tank, which will be headed by an expert in the field of electronics and one on business development, is going to identify the niche products in the next few years.
According to Lachica, one member company of SEIPI
has already held a pilot run of its RandD in the Philippines.