Demand behind 16.29% electronics imports growth

Robust demand for global technologies raised the country’s electronics imports in 2018, with seven out of nine sectors registering double-digit growth, the Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (Seipi) said recently.

Inbound shipments of electronics sector grew by 16.29 percent to $28.34 billion in 2018 from $24.37 billion a year ago. Electronics imports represented 26.02 percent of the country’s total commodity imports last year.