Electronics see 7-11% growth

The Philippine electronics industry, which accounts for 40 percent of the country’s total exports, is estimated to grow between 7% to 11% this year according to Semiconductor and Electronics Industries of the Philippines Inc. (SEIPI).

Last year, total electronic exports were valued at $ 21.82 billion, so a modest growth of 8 percent would translate to $23.63 billion by yearend.