Trade and Industry Secretary Cristina A. Roque said that technology giants Ibiden Co., Ltd. and Nidec Corporation have committed to further boost its advanced electronics and precision manufacturing operations in the Philippines to ensure the country’s participation in the global electronics supply chains.
Roque and Special Assistant to the President for Investment and Economic Affairs (SAPIEA) Frederick D. Go met with top executives of the two firms in Tokyo on March 3, where she secured commitments for partnerships to accelerate the country’s push to develop the semiconductor and high-tech manufacturing ecosystem in the country.
“The Philippines is taking bold steps to position itself as a global hub for advanced electronics and precision manufacturing. Our partnerships with industry leaders like Ibiden and Nidec accelerate our push for cutting-edge innovation, strengthen our semiconductor and high-tech manufacturing ecosystem, and generate high-value employment,” Roque said.
“By aggressively expanding our industrial capabilities, we are shaping a future-ready economy that is competitive, resilient, and deeply integrated into the global supply chain,” she added.
Ibiden is a global leader in advanced substrate technologies and a key supplier to industry giants like Nvidia and Intel.
With a significant global market share in critical semiconductor components, Ibiden’s existing Philippine operations contribute substantially to the country’s total exports.
“We welcome Ibiden’s strategic plans to further advance its operations in the Philippines. Their expansion will not only enhance our semiconductor ecosystem but also attract further high-value investments, reinforcing our role in the global supply chain,” said Roque.
Ibiden’s 25-year presence in the Philippines highlights the country’s growing strength as a premier destination for high-value semiconductor manufacturing. As the only substrate manufacturing facility in the Philippines and the first in Southeast Asia, Ibiden holds a critical position in the global semiconductor supply chain.
In the case of Nidec, Roque expressed optimism the Philippines would finally bag the company’s planned expansion, particularly in support of their growing robotics projects, will generate high-quality employment and attract significant foreign capital. “This will solidify the Philippines as a key player in the high-tech manufacturing landscape,” she said.
The expansion plan is expected to support Nidec’s growing robotics project, which requires more gearboxes per unit, driving demand and generate high-quality employment.
The Philippines already plays a crucial role in Nidec’s global gearbox production, contributing a substantial portion of their market share.
