LISTED chip maker Phoenix Semiconductor Philippines Corp. (PSPC) expects production to increase by 10 percent this year as it ramps up capacity to meet an expected surge in demand for memory modules around the globe.

In a statement, the company said it expects production capacity at its existing plant in Pampanga to go up to 72 million units this year from 62 million units last year after it allocated resources for the stabilization of new machines and equipment.

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