In the Philippines, the electronics manufacturing industry has developed into one of the most dynamic contributors to the national economy, accounting for a significant share of the nation's exports and industrial output. The estimated market size is in the billions of dollars, driven primarily by the country's strong insertion in global value chains. Furthermore, electronics manufacturing accounts for more than 50% of total Philippine exports, with semiconductors, electronic components, and consumer electronics leading the way. This allows the country to emerge as an important supplier for multinational companies that rely on low-cost manufacturing and skilled labor. The value of the market is strengthened by the various services offered that include completion of assembly, testing, packaging, and original design manufacturing. Businesses in the sector do not simply manufacture a component; they also offer engineering design, prototyping, and repair services, which add value to the market and businesses that operate in the space. Overall business growth continues to be robust with continuing foreign direct investment and government-sponsored efforts to attract international electronics companies. The continued growth of the sector continues to support economic growth,...
