Philippine electronics industry prime movers, the Semiconductor & Electronics Industries in the Philippines Foundation, Inc. (SEIPI), the Department of Science & Technology (DOST), the Department of Trade and Industry (DTI) – Export Marketing Bureau (EMB), in collaboration with the Philippine Embassy in France and the Philippine Trade and Investment Center (PTIC) in Paris will visit France for a series of Business Matching activities with French counterpart Alliance Electronique (ACSIEL). SEIPI is expected to enter into an MOU signing agreement with Angers French Tech (AFT) to promote bilateral activities and exchange of information primarily to boost bilateral trade and Philippine export expansion.
Following the recommendations of the Philippine Ambassador to France, Ma. Theresa P. Lazaro, SEIPI will conduct an electronics industry mission in Paris and meet with the members of Alliance Electronique (ACSIEL). SEIPI member-companies committed to this targeted mission to facilitate technology exchange, business-to-business (BTB) meetings and explore investment opportunities.
“SEIPI is in an aggressive mode to promote the Philippines as a reliable partner with inherent technical capabilities to take on the opportunities in global markets. We are part of the significant value chain and the Philippines is a prime mover in the internet of things (IOT),” said Dr. Dan Lachica.
In 2017, PH electronics exports posted a double digit growth of 11.16% at US$ 32.7 billion, the highest in the industry history. From January to August of 2018, electronics exports reached US$ 23.6 billion. In 2018, a 6% growth rate is projected. With the performance of the Philippine electronics industry as the country’s top exporter, the DTI – Trade and Investments Promotion Group (TIPG) sees this opportunity as part of the continuing collaboration between the government and the private sector towards the export development and promotion of Philippine electronic products and services.
DTI-TIPG Undersecretary Nora K. Terrado expressed that “Under the Philippine Export Development Plan, our focus is to provide the substantial package of support to export sectors, where the Philippines has a comparative and competitive advantage. With this undertaking, we expect a stronger collaboration with France in electronics. The Philippines stands to benefit in this collaboration to allow us to be at the forefront of technology and innovation to achieve higher value of goods being manufactured in the country, and to generate more jobs where we can produce and perhaps pioneer advanced technical capabilities.”
The objectives of this mission is to position the Philippines as one of the best providers of electronic products and services in the global industry; develop new business leads and partnerships for direct contract, joint venture, investments or business expansion, and exchange of technology through the individual business meetings, forums and networking activities, company, facility visits and an MOU signing with Angers French Tech (AFT).
The sealing of a partnership between SEIPI and Angers French Tech (AFT) aims to establish the connection with French start-ups including investors, entrepreneurs, engineers, designers, developers, corporations, associations, government agencies and research institutes – encompassing all industries but advocating digital technology, called La French Tech.
The prelude to this partnership is the signing of a Memorandum of Understanding between SEIPI and AFT in DTI International – Manila on June 11, 2018, to formalize their plans to set up a French Pavilion in the Philippine Semiconductor and Electronics Convention and Exhibition (PSECE) in 2019. This time, on October 26, 2018, both SEIPI and AFT will commit to a mutual promotion of events and placing an office for SEIPI in France.
The MOU with AFT is one of the strategies of SEIPI to capture a bigger share in the Internet of Things (IOT) since France is one of the the Philippines’ fastest growing exports market among the country’s trading partners.
This mission is aligned with the electronics industry’s roadmap, called the Product and Technology Holistic Strategy (PATHS), which spurs R&D initiatives and identifies niche products and technologies that the Philippines should be focusing on in the next five years. DOST will play a major role in supporting R&D for smart agriculture, renewable energy, disaster warning, and collaborative robots, among others. The PATHS study was funded by the DTI, administered by the DOST-PCIEERD (Philippine Council for Industry, Energy and Emerging Technology Research and Development) and implemented by SEIPI.
The mission is composed of delegates from the following SEIPI member-companies— AirFreight 2100, Fastech Advanced Assembly, First Asia Institute of Technology and Humanities (FAITH Colleges), Integrated Micro-Electronics, Inc., Qualitek Delta, DOST, and DTI-Export Marketing Bureau and SEIPI.
In 2017, France was the Philippines’ 16th trading partner, with total bilateral trade valued at $1.73 billion or 1.05% share of PH trade with the world of $ 164.81 billion; 13th as export market accounting for 1.18% of PH total exports to the world of $68.71 billion; & 17th as import source, accounting for 0.96% of PH total imports from the world of $96.09 billion.
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