Wednesday, 22 February 2012

Electronics attract $2.477-B investment

Business Mirror
The Philippine electronics industry attracted $2.477 billion in fresh investments in 2011, the highest ever, and the new projects are expected to generate an estimated $5 billion in additional export revenues annually once they go into full commercial operation.

“Our rule of thumb is every $1 of investment generates $2 in additional exports,” Ernie Santiago, president of Semiconductor and Electronics Industries of the Philippines Inc. (Seipi), said.

Read more:

No comments:

Post a Comment