Several companies from the United States have expressed interest in the Philippines’ semiconductor and electronics global chain value, the Philippine Economic Zone Authority (PEZA) said on Saturday.
In a news release, the PEZA said the Philippines secured new leads following its participation in the Consumer Electronics Show (CES) 2025 held Jan. 8 to 11 in Las Vegas, Nevada.
“I am upbeat with the reception from the US Companies and the possibility that they may invest in the Philippines in the near future,” PEZA Director General Tereso Panga said.
“Some talks have already started, jumping off from the initial engagement, to realize these potential investments in the coming months,” he added.
Panga highlighted the Philippines’ strong economic performance and competitive fiscal incentives under the Corporate Recovery and Tax Incentives for Enterprises (CREATE) law, making the country an attractive hub for Southeast Asia operations.
Organized by the Consumer Technology Association, the CES is one of the largest and most influential tech trade shows in the world that serves as a platform for global innovators and companies to feature breakthrough technologies seeking to become the latest solutions to the world’s biggest challenges.
Eight PEZA locators that form part of the semiconductor and electronics global value chain were featured during the CES.
Aiming to build new connections, the PEZA met with various US-based firms, including Quintel Solutions, a subsidiary of long-standing PEZA locator Cirtek.
Quintel is considered the global market leader for multiport antennas, serving leading Telecom carriers in North America.
The PEZA also met with the top officials of ON Semiconductor Corporation (Onsemi), a leading semiconductor manufacturer with over 80,000 different parts, including advanced MOSFETs (metal-oxide-semiconductor field-effect transistor), image sensors, silicon carbide technology (EliteSiC) and a global supply chain.
Onsemi has been registered with PEZA since 2007, operating facilities in PEZA zones in Tarlac, Cavite, and Mactan in Cebu province. (PNA)