Marcos Lauds PH-US Semiconductor Dev’t. During SIA Courtesy Call

Strengthening Ties: US and Philippines Collaborate on Semiconductor Advancement

The United States and the Philippines are taking meaningful strides to solidify their partnership in the crucial field of semiconductor development. this collaboration aims to bolster both nations’ technological capabilities and economic growth. This strategic alliance is expected to have a profound impact on the global semiconductor landscape, driving innovation and ensuring a secure supply chain for these essential components.

Philippines Aims for Global Leadership in Semiconductor Market

President ferdinand “bongbong” Marcos Jr. recently hosted John Neuffer, the president and CEO of the US Semiconductor Industry Association (SIA), in a meeting aimed at bolstering collaboration between the two nations in the rapidly expanding semiconductor sector. the discussions highlighted the Philippines’ ambition to establish itself as a major force in the global semiconductor market. This strategic partnership seeks to leverage the Philippines’ growing technological capabilities and favorable investment climate to attract leading semiconductor companies and foster innovation within the industry.

Philippines Poised for Growth in Advanced Manufacturing

President Ferdinand Romualdez Marcos Jr. has expressed confidence in the Philippines’ ability to thrive in the burgeoning field of advanced manufacturing.Highlighting the nation’s existing expertise and robust manufacturing sector, he believes further development is key. “We have the experience. We already have so many of the players in the country who are already doing the manufacturing and perhaps it’s just a question of developing it further,” the President stated.

President Marcos also underscored the relentless pace of technological advancement, emphasizing the global imperative to adapt and evolve. “And actually, the way technology goes is not something that you have a choice of, you just have to keep up,” he remarked.

Navigating the Complex Landscape of Semiconductor Development

President Marcos recently addressed the multifaceted challenges facing the growth of a thriving semiconductor industry.He highlighted the constantly shifting digital landscape and the increasing influence of geopolitics as key factors demanding careful consideration. “We have all kinds of issues when it comes to the digital space when it comes to planning our semiconductor industry,” Marcos stated. “They are new and we’re trying to wrestle with how to deal with them. Sadly, geopolitics have become more vital,” he added.

Philippines Aims to Become Global Semiconductor Hub with SIA Partnership

the Philippines is eager to establish itself as a leading player in the global semiconductor industry, and a recent statement from president Marcos highlights a key partnership that coudl make this ambition a reality. the President lauded the Semiconductor Industry Association (SIA) for its proactive engagement with the Philippines, specifically commending its efforts to connect the nation with leading chip manufacturers. These manufacturers represent a staggering 80 percent of global production, making their involvement a significant boon for the Philippines. This collaborative approach aligns perfectly with President Marcos’s earlier declaration in November, which expressed the Philippines’ desire to partner with SIA and expand semiconductor operations within its borders. This strategic partnership has the potential to not only boost the Philippines’ economy but also contribute to the diversification and resilience of the global semiconductor supply chain.

U.S. Invests $500 Million to Cultivate Global Talent

The U.S. State Department is making a significant commitment to nurturing talent across the globe. A groundbreaking $500 million investment over the next five years will focus on developing skills and fostering opportunities in various countries, including the Philippines. This initiative underscores the U.S.’s dedication to global collaboration and shared prosperity. “The U.S. State Department’s critically importent investment of $500 million over five years to support the development of talent in countries like the Philippines” highlights the strategic importance of investing in human capital. Arizona State University is set to play a prominent role in this enterprising endeavor, contributing its expertise and resources to the success of the program. The United States is pouring $500 million into a five-year initiative aimed at bolstering the skills and talent of its partners around the globe. This significant investment underscores the United States’ commitment to fostering strong international relationships and collaboration. A key beneficiary of this program is the Philippines, where the funding will play a crucial role in developing local talent. According to a representative named Neuffer, “The participation of your government has been very rich… you’re taking it very seriously and we really appreciate it.” This statement highlights the positive reception and excited engagement of the philippines in this important endeavor.

the Philippines and the United States: A Powerful Economic Partnership

The philippines and the United States share a strong economic bond, highlighted by the significant volume of trade between the two nations. In 2023, semiconductors and integrated circuits took center stage as the Philippines’ top export to the U.S., with a remarkable value of US$3.1 billion. This impressive figure accounted for 23.3% of the total Philippine exports destined for the North American market.

The Philippines and the United States: A Powerful Economic Partnership

The Philippines and the United States share a strong economic bond, highlighted by the significant volume of trade between the two nations. In 2023, semiconductors and integrated circuits took center stage as the Philippines’ top export to the U.S., with a remarkable value of US$3.1 billion. This impressive figure accounted for 23.3% of the total Philippine exports destined for the North American market.
## Interview: Philippines Aims to Chip Away at Global Semiconductor Market



**Archyde Exclusive: President Marcos Emphasizes SIA Partnership as Key to Semiconductor Dominance**



**Interviewer:**



Archyde speaks with Philippine President Ferdinand “Bongbong” Marcos Jr. about his ambitious plans to establish the Philippines as a leading force in the global semiconductor industry.



**President Marcos:**



Thank you for having me. As you no, the Philippines is committed to rapid, inclusive, and lasting growth. We see the semiconductor sector as a crucial component of this vision. Our partnership with the Semiconductor Industry Association (SIA) is truly pivotal to achieving this goal.



**Interviewer:**



The SIA represents a vast majority of global chip manufacturers. How meaningful is this collaboration for the Philippines?



**President Marcos:**



The SIA’s commitment to connecting us with leading manufacturers is invaluable. As they represent roughly 80 percent of global production, their support opens doors to immense opportunities for the Philippines. This partnership will allow us to attract investment, develop expertise, and ultimately build a thriving semiconductor ecosystem.



**Interviewer:**



You’ve also spoken about positioning the Philippines as a leader in advanced manufacturing overall. What makes the Philippines uniquely qualified in this sector?



**President Marcos:**



The Philippines boasts a seasoned workforce with significant experience in manufacturing. We also have a favorable investment climate and strong government support for this sector’s development. We believe this foundation, coupled with our commitment to ongoing skill development and technological advancement, positions us strategically for success in the global semiconductor market.



**Interviewer:**



The semiconductor landscape is rapidly evolving, influenced by both technological advancements and geopolitical shifts. How is the Philippines navigating these complexities?



**President Marcos:**



It’s a dynamic surroundings,no doubt. We must stay adaptable and remain at the forefront of technological advancements while carefully considering the geopolitical implications of our decisions.



We are committed to developing a secure and sustainable semiconductor industry that benefits both the philippines and our global partners.





**Interviewer:**



Mr. President, thank you for sharing your insights with Archyde. We wish the Philippines the best in its endeavors to become a global semiconductor hub.