Aquino to attend Global Electronics Forum in Lapu-Lapu City

April 19, 2012 10:17 pm 

MANILA, April 19 — President Benigno S. Aquino III will attend the Semiconductors and Electronics Industries of the Philippines Inc. (SEIPI) 108th General Membership Meeting and the 17th World Electronics Forum (WEF) at the Mactan Shangri-La Island Spa and Resort on Friday in Lapu-Lapu City.

SEIPI’s membership meeting and the World Electronics Forum will starts on April 19 and ends on April 21 in Lapu-Lapu City.

SEIPI is the leading and largest organization of foreign and Filipino electronics companies in the Philippines. Its leading global semiconductor and electronics companies include Texas Instruments, Analog Devices, On Semiconductor, Fairchild Semiconductor, Cypress, Lexmark, Toshiba, Hitachi, Fujitsu, Amkor, NEC and many others.

Last year, the Philippine electronics industry accounted for more than US$ 24 billion of exports or more than half of the total Philippine exports, and invested US$ 2.4 billion in the country.

The industry, the biggest export industry in the Philippines, also has a direct employment of 530,000, which include engineers, technicians and operators. More than four million Filipinos benefit from the industry.

SEIPI’s general membership meeting coincides with the 17th World Electronics Forum after the Philippines was elected to host the global forum during the 16th WEF in the U.S. in January last year.

The World Electronics Forum, a gathering of CEOs and directors of electronics industry associations worldwide, was founded in 1995. It is an annual forum of electronics and semiconductor industry stakeholders to discuss major topics of common interest as well as a venue for the exchange of information for the benefit of the industry.

The April 20 event, to be attended by the President, is a joint WEF and SEIPI initiative.

The forum is an industry platform aimed at enhancing the state of the electronics industry to shape global, regional and country organizational agenda. Participants exchange information on the latest developments in the electronics industry as well as craft plans to address industry challenges.

Industry leaders will also look at how the Philippines and other industry organizations worldwide could adapt and align themselves with the emerging global technologies.

Among those who are expected to join the President during the event are Trade Secretary Gregory Domingo, SEIPI President Ernie Santiago and Lapu-Lapu City Mayor Paz Radaza. (PNA) scs/PCOO/rsm

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