Electronic imports up 16% in H1

ELECTRONIC imports increased by 16.49 percent to $13.46 billion in the first six months of 2018 from $13.46 billion in the same period last year, the Semiconductor and Electronic Industries in the Philippines Inc. (Seipi) said.

According to data on the group’s website, imports in eight sectors saw increases in the first half from their year-ago figures. These are telecommunication, by 54.43 percent to $844.03 million from $546.54 million; office equipment, 36.03 percent to $107.08 million from $78.72 million; automotive electronics, 34.30 percent to $21.37 million from $15.91 million; control and instrumentation, 24.78 percent to $303.54 million from $243.25 million; radar, 22.23 percent to $692.77 million from $566.78 million; consumer electronics, 21.39 percent to $539.04 million from $444.06 million; semiconductors, 15.24 percent to $9.25 billion from $8.03 billion; and electronic data processing, 4.98 percent to $1.57 billion from $1.50 billion.