AUTOMATED TECHNOLOGY (Phil.), Inc. (ATEC) has launched a captive production line in Cabuyao, Laguna, for its Taiwan client Panjit International, Inc., the Philippine Economic Zone Authority (PEZA) said.
In a social media post, PEZA said Panjit will operate the line at the Light Industry and Science Park I to manufacture electronics for the auto industry.
The Department of Trade and Industry (DTI) said in a statement that Panjit’s “strategic expansion further integrates the Philippines into the global semiconductor and automotive value chain, especially in the rapidly growing electric vehicle (EV) segment.”
ATEC, a Filipino outsourced semiconductor assembly and test provider, plays a critical role in enabling high-value manufacturing in the country, it added.
The DTI said the investment reflects the Philippines’ competitive advantage as a manufacturing hub, due to its “skilled talent, robust support infrastructure, and an enabling business environment.” — Kyle Aristophere T. Atienza
