FUELED by the explosive growth of emerging markets like AI and electric vehicles, the semiconductor industry — which manufactures the essential materials that power these technologies — is poised to grow into a massive trillion-dollar industry by 2030. At the very heart of this growth lies Southeast Asia, as markets in the region actively pursue opportunities to capture higher value-add positions within the burgeoning global industry. In fact, the Philippines’ semiconductor market is expected to grow up to 15% annually2, bolstered by the government’s strategic push to strengthen its capabilities in this sector.
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