📊Executive Summary

The Philippines government is targeting a significant increase in its semiconductor exports, aiming for a $110 billion boost by 2026. This initiative is part of a broader strategy to enhance the country's position in the global semiconductor market, focusing on attracting foreign investments and improving local manufacturing capabilities. The government plans to implement policies that will support the growth of the semiconductor industry, which is crucial for various sectors including consumer electronics and automotive. This push could lead to increased competition and opportunities for procurement teams looking to source components from the Philippines....