As the country’s top contributor to the export sector, the Department of Trade and Industry (DTI) together with the Semiconductor and Electronics Industries in the Philippines Foundation Inc. (SEIPI), showcased the Philippine capabilities of the electronics industry in the annual US trade show, CES 2023.
The Philippine electronics industry accounted for 61.5% or $45.9 billion of total Philippine merchandise exports and remained the top contributor to the export sector in 2021. Electronics exports grew by 12.9% from 2020 to 2021.
CES 2023 is the most anticipated year-end opener in the global electronics and technology industry. The trade show featured manufacturers, developers, and suppliers of consumer technology hardware, content, technology delivery systems, and more; It also includes a conference program where the world’s business leaders and pioneering thinkers address the industry’s most relevant issues.
“In line with the focus of CES 2023 to harness human-to-human interaction to keep the innovation engine moving forward, the Philippine mission aims to establish and strengthen trade and investments’ linkages with global industry players, advance research and development, promote Philippine start-ups, and gain information on the latest consumer products, technologies, and innovations,” DTI said in the media advisory.
The Philippine delegation also includes Airspeed International Corp., Integrated Microelectronics Inc., Ionics EMS Inc., Kaertech Electronics Philippines, Meralco, the Department of Science and Technology (DOST), the Philippine Export Zone Authority (PEZA) and the Department of Information and Communication Technology (DICT).
In 2021, the electronics industry remained the top contributor to the export sector, accounting for 61.5% or USD 45.9 billion of total Philippine merchandise exports.