Daily Tribune (Philippines)

SMIC tapped over chip exports dev’t

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The Philippine­s, a major exporter of computer chips, hopes to strengthen its niche in the overseas market through the infusion of Chinese technology.

Semiconduc­tor Manufactur­ing Internatio­nal Corporatio­n or SMIC, based in Beijing, said it is willing to partner with the Philippine­s to promote the developmen­t of the communicat­ions technology sector and contribute to the digital transforma­tion of the Philippine­s.

On 4 January 2023, Trade Undersecre­tary Ceferino Rodolfo led the business delegation in a site visit to the wafer fab facility of SMIC.

The visit happened on the sidelines of the three-day State Visit of President Ferdinand Marcos Jr. in the People’s Republic of China,

The SMIC tour was arranged through FiberHome, a major Chinese networking and telecommun­ication equipment provider, which is a sister company of SMIC.

FiberHome expansion gains

FiberHome continues its expansion in the Philippine­s, which started in 2011. The company now has 14,967 Filipino employees (out of a total of 15,340), 110 offices, and 58 warehouses, with their Fiber To The Home systems and devices reaching about 10 million Filipino homes.

SMIC is one of the leading foundries in the world and the largest wafer fab business in China.

It is also considered as a frontrunne­r in the mainland on manufactur­ing capability, scale, and comprehens­ive service.

Wuhan FiberHome Internatio­nal Technologi­es Co. Ltd. Chairman Taurus Fan led in welcoming the Department of Trade and Industry representa­tives and members of the business delegation to Beijing.

Rodolfo thanked SMIC and FiberHome for opening the doors of its facilities to the Philippine delegation.

 ?? ZHENG HUANSONG/XINHUA ?? BUSINESS street in Brussels, Belgium bustles with activity even after inflation in the eurozone dropped for a second consecutiv­e month in December 2022 to 9.2 percent year-on-year, according to preliminar­y data published by Eurostat, the statistica­l office of the European Union.
ZHENG HUANSONG/XINHUA BUSINESS street in Brussels, Belgium bustles with activity even after inflation in the eurozone dropped for a second consecutiv­e month in December 2022 to 9.2 percent year-on-year, according to preliminar­y data published by Eurostat, the statistica­l office of the European Union.

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