Phoenix Semiconductor Philippines Corp., the listed local unit of Seoul-based STS Semiconductor and Telecommunications Co. Ltd., announced the change of name of its parent company to “SFA Semicon Co. Ltd.”

“The change in corporate name was arrived at by the SFA Semicon’s board of directors in its meeting March 30, 2016 which likewise disclosed the decision to the Korean Stock Exchange,” the company, which has facilities in Clarkfield, Pampanga, said on Thursday.

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