A Taiwanese firm has chosen the Philippines as the site of its overseas plant that would produce Thin Film Transmission (TFT) Liquid Crystal Display (LCD).
Department of Trade and Industry (DTI) Secretary Peter Favila announced that Great Sun Optoelectronics of Taiwan will invest US$ five million and hire five hundred to eight hundred workers in its facility in Clark Field Special Economic and Free Port in its first year of operations. He added that Great Sun will be conducting talks with a minimum of three suppliers to complement Great Sun's operations in the Clark Economic Zone in Pampanga.
Moreover, Secretary Favila said that Great Sun plans to increase its investments to US$30 million and its manpower requirements to 10,000 employees within 3 to 5 years.
Great Sun Optoelectronics Corporation specializes in the design and manufacture of monitors for computers, television sets and automobiles. Great Sun developed a patented "Hi-View" TFT LCD whose contrast and resolution is 40-60 percent sharper that equivalent brands in the market. As a second tier supplier to the industry's Original Equipment/Design Manufacturers (OEM/ODM), Great Sun distinguishes itself in the industry by its capacity to accept design and fabrication orders of a minimum of 200 units for Original Brand Manufacture (OBM) clients
According to Liberato Laus, President of Clark Development Corporation, the establishment of Great Sun Optoelectronics' operations in the Philippines carries significant implications on Clark's bid to become the premier logistics and overseas manufacturing hub for high technology products in the Philippines and the region. The presence of Great Sun will spur the natural creation of supply chains in the form of the entry of new Taiwanese investments in peripheral and support industries.
Ms. Bernardita Angara - Mathay, DTI Special Trade Representative in Manila Economic and Cultural Office (MECO) -Taipei, reported that Taiwan is the world's largest supplier of notebook PCs motherboards and LCD monitors. Taiwan's integrated chain of semiconductor industries has secured the TFT-LCD industry's leadership position in global markets. Ms. Angara - Mathay said that this Taiwan investment project will assist in the operations of similar Information Communications Technology investors and draw in investments in new and higher value processes into the Philippines. (end)
Department of Trade and Industry (DTI) Secretary Peter Favila announced that Great Sun Optoelectronics of Taiwan will invest US$ five million and hire five hundred to eight hundred workers in its facility in Clark Field Special Economic and Free Port in its first year of operations. He added that Great Sun will be conducting talks with a minimum of three suppliers to complement Great Sun's operations in the Clark Economic Zone in Pampanga.
Moreover, Secretary Favila said that Great Sun plans to increase its investments to US$30 million and its manpower requirements to 10,000 employees within 3 to 5 years.
Great Sun Optoelectronics Corporation specializes in the design and manufacture of monitors for computers, television sets and automobiles. Great Sun developed a patented "Hi-View" TFT LCD whose contrast and resolution is 40-60 percent sharper that equivalent brands in the market. As a second tier supplier to the industry's Original Equipment/Design Manufacturers (OEM/ODM), Great Sun distinguishes itself in the industry by its capacity to accept design and fabrication orders of a minimum of 200 units for Original Brand Manufacture (OBM) clients
According to Liberato Laus, President of Clark Development Corporation, the establishment of Great Sun Optoelectronics' operations in the Philippines carries significant implications on Clark's bid to become the premier logistics and overseas manufacturing hub for high technology products in the Philippines and the region. The presence of Great Sun will spur the natural creation of supply chains in the form of the entry of new Taiwanese investments in peripheral and support industries.
Ms. Bernardita Angara - Mathay, DTI Special Trade Representative in Manila Economic and Cultural Office (MECO) -Taipei, reported that Taiwan is the world's largest supplier of notebook PCs motherboards and LCD monitors. Taiwan's integrated chain of semiconductor industries has secured the TFT-LCD industry's leadership position in global markets. Ms. Angara - Mathay said that this Taiwan investment project will assist in the operations of similar Information Communications Technology investors and draw in investments in new and higher value processes into the Philippines. (end)
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