MANILA, Philippines – Philippine electronics manufacturers are unfazed by Foxconn’s potential entry into the planned Pax Silica artificial intelligence (AI) hub in New Clark City, as they view the coming of the Taiwanese giant as an opportunity to upgrade the country’s technology and manufacturing capabilities.
Ferdinand Ferrer, president of the Philippine Chamber of Commerce and Industry (PCCI), said local firms expect Foxconn’s presence to create opportunities for domestic suppliers to participate in the production of AI-related hardware and data center equipment.
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“We welcome that, and what we are working on is, hopefully, to improve the technology of the supply chain,” Ferrer told the Inquirer. “Our local supply chain or value chain related to the AI technology will level up.”FEATURED STORIES
