Taiwan has expressed readiness to help the Philippines reach $110 billion in annual semiconductor and electronics exports by 2030, offering expertise in advanced manufacturing and technology.
Taipei Economic and Cultural Office (TECO) Representative Wallace Minn-Gan Chow highlighted the potential for cooperation during the Taiwan Link Fair 2026 in Makati City.
Taiwan produces more than 90% of the world’s advanced semiconductor chips and plays a major role in artificial intelligence technology. Its manufacturing capabilities could support Philippine efforts to expand electronics production and strengthen its position in global supply chains.
Chow emphasized Taiwan’s technological expertise as a foundation for closer cooperation with the Philippines as it pursues the 2030 export target.
Taiwanese companies had invested more than ₱45 billion in the Philippines as of December 2025, generating over 20,000 direct jobs.
Taiwan also ranked as the leading source of foreign investments approved by the Philippine Economic Zone Authority during the first nine months of 2026.
Taiwan’s offer could help the Philippines attract more advanced manufacturing operations, create skilled jobs, and expand the production capacity needed to meet its $110-billion export target by 2030.
