The Department of Trade and Industry (DTI), through the Board of Investments (BOI), has unveiled a roadmap to raise the Philippines’ semiconductor and electronics exports to USD110 billion annually by 2030, as it seeks to strengthen the country’s position in the global supply chain.
Industry leaders, however, said the ambitious target will hinge on stronger government backing.
Dan Lachica, president of the Semiconductor and Electronics Industries in the Philippines Foundation Inc., said the private sector would require public funding support, particularly for research and development and workforce training, to help the industry move up the value chain. He noted that the scale of funding needed has yet to be determined.
In a statement dated April 8, the Board of Investments said the Philippine Semiconductor and Electronics Industry (PSEI) Roadmap was presented during the fourth meeting of the Semiconductor and Electronics Industry Advisory Council on March 23 at Malacañang Palace.
The roadmap sets export targets of USD70 billion for semiconductors and USD40 billion for electronics by 2030, while reinforcing the country’s role as a global hub for advanced assembly, test, and packaging (ATP).
To support expansion, the plan includes a five-year workforce development program aimed at training and upskilling 128,000 semiconductor professionals to meet evolving technical demands.
Lachica said the roadmap will guide strategic interventions across the value chain—from advanced packaging and integrated circuit design to the long-term goal of establishing front-end wafer fabrication capabilities in the country.
Executive Secretary Ralph Recto, who chairs the council, said the sector remains a cornerstone of the economy, accounting for nearly three-fifths of export revenues and supporting around three million jobs nationwide.
