PHL potential as a key player in global semiconductor industry

BusinessWorld B-Side

The Philippine government needs to invest more in the local semiconductor industry to boost its competitiveness globally, according to RS Group PLC, an electronics and industrial products distributor.

In this B-Side episode, Sean Fredericks, the President of RS Asia-Pacific, discusses with reporter Sheldeen Joy Talavera the potential of the Philippines to become a key player in the industry.

"The Philippines itself is a critical player in the global semiconductor industry... The country's strategic location provides crucial access to the Southeast Asian market through international shipping and air routes,” he said.

He also said that the country's English-proficient population and strict adherence to intellectual property protection and international labor laws make it an attractive investment destination.

The B-Side episode was recorded remotely on May 23, 2023.