
Economy
Pax Silica: What’s the Philippines’ trump card?
The Philippines' hidden economic strength, 'Pax Silica,' is gaining attention. Amidst the growing importance of the semiconductor industry in supply chains, the country's potential is being explored.
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- Pax Silica: What's the Philippines' Trump Card in Securing Supply Chains?
The Philippines' role in the US-led Pax Silica initiative hinges on moving beyond mere 'hosting' to 'capability upgrading.' While the nation has a track record in semiconductor testing and assembly, securing advanced engineering work and fostering local suppliers are key future challenges.