Meeting with Samsung Electro-Mechanics Co., Ltd.
Автор: RTVMalacanang
Загружено: 2025-11-01
Просмотров: 8255
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Busan, Republic of Korea
November 1, 2025
Continuing his engagements with leading Korean companies, President Ferdinand R. Marcos Jr. meets with the executives of Samsung Electro-Mechanics Co., Ltd. (SEMCO) in Busan, Republic of Korea on November 1, 2025.
SEMCO is a subsidiary of Samsung Group engaged in manufacturing and distributing electronic components.
In the Philippines, SEMCO operates through Samsung Electro-Mechanics Philippines Corporation (SEMPHIL), established in 1997 in Calamba, Laguna. SEMPHIL produces multi-layer ceramic capacitors (MLCCs), tantalum capacitors, inductors and chip resistors. Samsung also operates through five (5) other entities in the country.
SEMCO plans to invest approximately Php50 billion to expand its manufacturing operations in Calamba, which is expected to create over 3,000 new high-tech jobs for Filipino engineers and technicians.
During the meeting, President Marcos Jr. also witnesses the signing of the Supplemental Agreement between the Philippine Economic Zone Authority (PEZA) and SEMPHIL. This agreement demonstrates the Philippines’ commitment to developing a competitive and investor-friendly environment for high-technology industries.
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