Samsung to open a factory in the Philippines?

by jhay on June 22, 2008

While waiting for some official announcement or news as to whether classes in the tertiary level would be suspended tomorrow, I chanced upon this short story about Samsung pondering on the idea of opening a factory here in the Philippines.

“As far as I know, Samsung Electronics and the Philippine government are talking about the plan. However, some technical issues still remain before a final decision,” a source at Samsung told The Korea Times.

The source said the company would “announce via a regulatory filing if any concrete decision comes out,” the newspaper reported.

Philippine government officials have been talking with Samsung about constructing a plant to make integrated circuitry for chips in the Clark Special Economic Zone north of Manila in the Philippines, the report said.

In Clark eh? That’s where Hanjin, also a Koren firm, is based locally but has been in some hot water of late because of some serious string of on-site accidents claiming the lives of its workers. Tsk tsk tsk.

Going back, it seems that Korean firms are much more inclined to setup shop north of Manila, while Chinese and Japanese firms are more akin to opening theirs south of Manila like in the economic processing zones of Cavite, Laguna and Batangas. Just as observation though.

If Samsung does setup a factory in the country, would it make Samsung products a bit more affordable? I’m not keen on their mobile phones but one of the top toys in my wish-list is their hi-def LCD TVs. Just sharing some wishful thoughts here. :mrgreen:

Did you enjoy this article? Spread the goodness.

Just click on the buttons to bookmark or share this post to your friends and network.

Twitter Delicious Digg StumbleUpon submit to reddit

Looking for something else?





{ 4 comments… read them below or add one }

Gracia October 14, 2008 at 8:13 am

oh really, how i wish they will have a mass hiring for me to get a lot of chance to work with the company…just e-mail me once they start hiring…

Reply to this comment

angelie October 4, 2008 at 5:18 am

I want to work in Samsung Company hope they are hiring,this is my contact no. 09267884119

Reply to this comment

iRonnie June 23, 2008 at 6:36 am

they already have a plant in laguna. my friend is working there three years now. i think they are manufacturing CD ROM there.

regarding LCD TV, ive seen theirs in the market and i think they are affordable for an LCD TV. pero syempre, sana mas mag mura pa with this development. :D

iRonnies last blog post..Spiritual Markers

Reply to this comment

jhay June 23, 2008 at 6:40 am in reply to iRonnie

Oops forgot one detail, it's an IC plant for their chips. Thanks for the mention. :mrgreen:

I've told my mom I wanted a Samsung LCD TV, she said I can if I'll stop schooling for a semester. Very tempting but there are surely other ways to get one. And I will, eventually. :lol:

Reply to this comment

Speak Your Mind. You can use your Facebook or Twitter account

Connect with Facebook

Your comments are your own. Be nice and stay on topic. Using keywords or company name as your display name should be avoided as to keep the conversation natural. Please refer to Comments Policy for more information.

Previous post:

Next post: