The Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI) is now expecting a modest increase in electronics exports this year, revising its earlier forecast of flat growth for 2025.
SEIPI president Dan Lachica said the latest Philippine Statistics Authority (PSA) data showed upward trends in year-to-date shipments, signaling signs of recovery for the country’s top export sector.
“We started the year with flat growth, but there are signs of life. If you look at the PSA numbers, you see upward climbs,” Lachica said in a pre-event briefing on Thursday for the upcoming Philippine Semiconductor and Electronics Convention and Exhibition (PSECE) 2025.
Exports of electronic products amounted to $3.57 billion in August 2025, up 8.5 percent from August 2024, although slightly lower by 1.3 percent compared to the numbers in July 2025. Electronics remain the Philippines’ top export, accounting for about 60 percent of the country’s shipments.
The industry reached a record-high $49.5 billion in 2022, but exports contracted by 8 percent in 2023 and a further 6 percent in 2024 to $42.6 billion, amid global market headwinds.
Lachica expressed optimism that the sector would exceed the flat growth projected at the start of the year, underscoring the need for government-backed research and development (R&D) and prototype facilities to strengthen the country’s semiconductor packaging and assembly capability.
SEIPI is aligning with the Semiconductor and Electronics Industry Advisory Council’s long-term roadmap of reaching $110 billion in exports by 2030.
The plan envisions $70 billion from semiconductors and $40 billion from electronics manufacturing services (EMS), expanding EMS from its current 30-percent share of exports.
SEIPI is gearing up for this year’s PSECE, the premier annual event for the industry, in a three-day convention at SMX on Oct. 28 to 30, 2025.
Lachica said the event would feature a strong international presence, with Singapore sending 30 companies and China also hosting a pavilion.
Around 350 exhibitors are expected to showcase the latest technologies supporting artificial intelligence (AI), data centers and robotics.
