00:00President Ferdinand R. Marcos Jr. also gave the importance of cooperation between the Philippines and the U.S. Workforce Training and Technology Transfer
00:08in the development of the semiconductor industry.
00:11Alvin Baltazar of Radyo Pilipinas sa Balitang Pambansa. Alvin.
00:17Good morning to the courtesy call of the U.S. Semiconductor Industry Association or SIA,
00:23which was led by the President and its CEO, John Heufer, with him.
00:28President Marcos also gave the importance of cooperation between the Philippines and the U.S. Workforce Training and Technology Transfer
00:31in the development of the semiconductor industry.
00:36On behalf of Heufer, the U.S. Government has said that it has initiatives to ensure the continuous supply of semiconductors,
00:44particularly in the technology industry in America.
00:48It is investing U.S. $500 million in five years to help friends and associates like the Philippines
00:56develop their talents.
00:58In the past year, the largest export of the Philippines to the U.S. is semiconductor and integrated circuits,
01:05which is worth $3.1 billion or 23.3% of its total export to North America.
01:14The Semiconductor Industry Association or SIA is an organization based in the United States
01:20that is based in the leading companies in the semiconductor industry.
01:25Semiconductors are important in almost all modern technologies,
01:29including computers, smartphones, medical devices, automatic systems, and other technologies
01:38like artificial intelligence, 5G, and cloud computing.
01:42From his office, Alvin Baltazar of Radyo Pilipinas for Panbansa News.
