Philippines Chip Industry Wants Help From Taiwan’s TSMC
- Country reaching out to Taiwan chip firms for cooperation
- Southeast Asian nation is trying to revive its tech sector
TSMC is among companies the Philippines is reaching out to as it seeks equipment and expertise to build out chip fabrication operations.
Photographer: I-Hwa Cheng/BloombergThis article is for subscribers only.
The Philippines is trying to enlist Taiwanese chip giants in an effort to expand in semiconductors, a bid to catch up with its neighbors who are emerging as significant suppliers in the industry.
Taiwan Semiconductor Manufacturing Co. and United Microelectronics Corp. are among companies the Philippines is reaching out to as it seeks equipment and expertise to build out chip fabrication operations, said Dan Lachica, head of the Southeast Asian country’s main electronics industry group. The association is working with Philippine officials in Taiwan to talk with the potential partners.