PH electronic exports seen to reach nearly PHP 3 trillion this year

The market has been showing growth in recent years.

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PH electronics exports to continue growth in 2026

The country's electronic exports are expected to hit USD 48 billion or around PHP 2.82 trillion this year, thanks to the strong demand for the latest technologies, a group said.

According to a PhilStar report, this trend would mean a 12-percent increase from USD 42.74 billion or around PHP 2.51 trillion recorded last year.

Data from the Philippine Statistics Authority showed that electronic exports rose by 15.5 percent to USD 41.91 billion or around PHP 2.46 trillion from January to November.

Semiconductor and Electronics Industries in the Philippines Foundation Inc. (SEIPI) President Dan Lachica said this expansion is supported by demand for advanced technologies such as artificial intelligence, the Internet of Things, and electric vehicles.

Next year, the group even expects the country’s electronic exports to grow by 5 percent from 2025.

Supporting this growth would need the government to restore investor confidence amid corruption issues in the country, Lachica said.

To attract investments in the sector, SEIPI cited the need to restore investor confidence amid corruption issues in the government’s infrastructure projects. Investment roadshows are also expected to help the electronics sector in promoting the country’s capabilities.

SEIPI is also hopeful that the government will start implementing the country’s semiconductor electronics roadmap.

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Via: PhilStar