Philippine chipmakers push for exemption from steep US tariffs

The Philippine semiconductor industry faces a critical juncture as the US considers tariffs of up to 300% on foreign-made chips. With the Philippines positioned as a vital hub for assembly, testing and packaging, industry leaders are urging government negotiators to secure a carve-out that protects competitiveness and safeguards billions in export value.

In parallel, companies are diversifying into untapped markets and accelerating workforce upskilling to mitigate potential disruption. Despite the looming trade uncertainty, investor appetite for the Philippine semiconductor sector is holding firm, underscoring its central role in global supply chains.

Read the full article for more on the risks and opportunities ahead.