00:00Semiconductor industry in the country is continuing to be strengthened under the administration of Marcos Jr.
00:07It's proven that a company is planning to relocate their production in the Philippines.
00:15Glazel Pardilla is in the center of the live news.
00:21Aljo, the semiconductor industry here in our country is expected to disappear.
00:26This is in line with the interest of the companies that are planning to relocate their production here in our country.
00:36Cellphones and computers are the main tools used by Jeremy as a script writer.
00:43Here, I can type the scripts that are being read by the anchors.
00:48And on the cellphone, I can easily access the information that I need to do.
00:53The devices that are used in consumer electronics, automotive, telecommunications, and manufacturing will no longer work without a chip and integrated circuit.
01:04That's why under the administration of President Ferdinand R. Marcos Jr.,
01:09the strengthening of the semiconductor industry that is made by modern technologies is increasing.
01:16Under the leadership of President Marcos Jr. in Amcor Technology,
01:21the company is announcing its plan to relocate its production in the Philippines.
01:26According to President Marcos, the country's semiconductor industry is expected to disappear.
01:32At the same time, more and more Filipinos will be able to work as chip manufacturers and integrated circuit designers.
01:43In 2024, P29.16 billion was sold to the Philippines from the semiconductor industry.
01:53And based on SEMI.org, the demand for technology in the field of manufacturing, research, design, and testing is expected to fall by 10 to 15 percent.
02:06Aside from the possible relocation of Amcor, other major semiconductor and electronic companies are also in the Philippines.
02:14Meanwhile, later this afternoon,
02:17the courtesy call of incoming Asian Development Bank President Masato Kanda to President Marcos was expected.
02:24He is the 11th leader of ADB.
02:27ADB is one of the partners of the Philippines that supports government projects.
02:34Just like the Metro Manila Skyway Stage 3, which is said to facilitate traffic in Metro Manila.
02:44And that is the latest news. Back to you, Aljo.
