PCCI backs $110B electronics export target

The Philippine Chamber of Commerce and Industry (PCCI) is backing the electronics industry’s push to raise exports to USD110 billion by 2030, but said achieving the target will depend on how quickly the government and industry can turn the new roadmap into investments, skills, and higher-value semiconductor capabilities.

PCCI President Ferdinand Ferrer said the newly launched semiconductor and electronics roadmap gives the Philippines a clearer pitch to global investors at a time when neighboring economies are also competing aggressively for semiconductor projects.

“It was very critical to launch it,” Ferrer said. “We can go now to the world semiconductor electronics [industry] and say, ito na, susundan natin.”

The industry has raised its 2026 electronics export growth forecast to 10 percent from an earlier flat outlook, potentially pushing exports beyond $50 billion for the first time. Growth is being supported by demand tied to artificial intelligence, data centers, automotive electronics, and telecommunications.

Ferrer said he supports the higher target, but stressed that sustained growth will require the Philippines to move beyond traditional assembly, testing, and packaging into chip design and other higher-value activities.

That shift would allow the country to capture a larger share of the value generated by the semiconductor supply chain rather than relying mainly on established manufacturing functions.

Ferrer also pointed to the Semiconductor and Electronics Industry Advisory Council (SEIAC), chaired by Executive Secretary Ralph Recto, as critical to execution because it provides a mechanism for government and industry to coordinate on the roadmap.

Through SEIAC, investors can potentially secure more coordinated assistance on registration, permitting, and setting up operations instead of dealing with agencies separately, Ferrer said.

The council also brings together education and training agencies to address skills requirements as the Philippines seeks investments in next-generation semiconductor technologies.

For PCCI, the roadmap therefore serves not simply as an export target but as an investment framework. Its success will ultimately depend on whether the Philippines can make it easier to invest, deepen local capabilities, and supply the talent needed to move up the electronics value chain.

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