Clark-based semiconductor firm Phoenix Semiconductor Philippines Corp. is pushing for its P2.56 billion market debut within the year via an initial public offering (IPO) on the Philippine Stock Exchange (PSE).
Eduardo Francisco, president of BDO Capital & Investment Corp., told reporters that Phoenix Semiconductor, the local semiconductor firm of Korea-based STS Semiconductor & Telecommunications Co. Ltd., is gearing up for its planned IPO this year after it deferred a planned listing in June.
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