Samsung Electro-Mechanics Philippines Corp. (SEMPHIL) announced a ₱50.7 billion investment in a new manufacturing facility for automotive multilayer ceramic capacitors (MLCCs).
The project, finalized during the Philippine delegation’s meeting with Samsung SEMCO executives at the 32nd APEC Summit in South Korea, is expected to begin commercial operations by July 2027.
The new facility will generate over 3,500 jobs and further expand SEMPHIL’s presence in the Calamba Premiere International Park, where it already employs 7,000 workers. At the end of 2024, SEMPHIL accounted for nearly half of Samsung Electro-Mechanics Co.’s (SEMCO) worldwide MLCC output.
MLCCs are critical components in electric vehicles (EVs) and smart devices. With global demand for EVs and advanced electronics rising, the Philippines is positioned to play a larger role in the semiconductor supply chain.
Samsung also committed to partnering with Philippine universities to train workers and conduct research and development, ensuring a skilled workforce for the high-tech electronics sector.
Philippine Economic Zone Authority (PEZA) Director General Tereso O. Panga hailed the investment as a “landmark achievement for the electronics sector,” noting that it will strengthen the Philippines’ position in the global semiconductor value chain and create more opportunities for Filipino talent.
In 2024, electronic products remained the Philippines’ top export, accounting for nearly 60% of total shipments, according to the Philippine Statistics Authority.
source: PEZA