Philippines: A Key Player in Semiconductor Assembly and Testing

In 2025, the Philippines remains a significant player in the global semiconductor supply chain, focusing on Outsourced Semiconductor Assembly and Test (OSAT) and packaging operations. It is estimated a 5% increase in semiconductor exports from Philippines for 2025, driven by inventory corrections and new product launches, following a cyclical recovery. The country imports silicon wafers and exports packaged and tested chips, primarily to major markets like the United States. The Philippine Export Development Plan (PEDP) 2023-2028 targets $143.4 billion in total merchandise and services exports, with semiconductors as a key contributor.

In 2024, electronic product exports declined by 6.7% to $39.08 billion, according to SEIPI, reflecting market challenges. The United States accounted for 13.42% of the Philippines’ electronic exports, trailing Hong Kong and China, as per the United Nations COMTRADE database. Total electronics exports to the U.S. reached $6.4 billion, with integrated circuits being a significant component.

In 2023, the Philippines exported $3.1 billion in semiconductors and integrated circuits to the United States, representing 23.3% of its total exports to the country, according to the Presidential Communications Office (PCO). Electronics comprised nearly 60% of total exports, with semiconductors accounting for 48% of goods exported, per th...