PH-US Tie-up for Workforce Training & Tech Transfer Key to Semicon Industry

Presidential Communications Office of the Philippines | 16 December 2024

President Ferdinand R. Marcos Jr. underscored the importance of the Philippines-US relationship in further developing the semiconductor industry, particularly in workforce training and technology transfer.

During the courtesy call in Malacañang of the US Semiconductor Industry Association (SIA) led by its President and CEO John Neuffer, the President highlighted the continued collaboration between the Philippines and the US to ensure the country will play a key role in the future of global technology.

“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. And in fact, the way technology goes is not something that you have a choice of, you just have to keep up,” President Marcos said during the meeting on Monday.

“We have all kinds of issues when it comes to digital space, when it comes to planning our semiconductor industry. They are new and we’re trying to wrestle with how to deal with them. Unfortunately, geopolitics have become more important,” he said.