China-based Helioway Precision Hardware (Phils) Corp. registered with the Philippine Economic Zone Authority (PEZA) on Feb. 25, 2026 to invest P200 million into the country’s precision electronics manufacturing sector.
The company will produce high-value components for export markets, starting with a labor force of 140 workers. Commercial operations at the Lima Technology Center–Special Economic Zone (LTC-SEZ) in Malvar, Batangas, are targeted for August 2026.
PEZA director-general Tereso Panga welcomed the move. “We officially welcome Helioway as part of the PEZA Registered Business Enterprises. Their registration strengthens the Philippines’ position as a trusted hub for high-value, export-oriented manufacturing in Asia,” Panga said.
Helioway will manufacture camera frames, printer die-casting parts, projector frames, servo motors and related components. This supports the Philippines’ growing role in precision electronics amid global supply chain realignments.
The development follows restructuring in the industry, including Acutek Corp. acquiring TDK’s camera module actuator business in January 2026 to consolidate high-value imaging technologies.
Helioway’s operations are expected to strengthen local supplier networks and expand opportunities for PEZA-registered enterprises in the global electronics value chain.
