Jeck Talks Tech - Season 2 Episode 14 - Error 404: Chip Not Found What is the relevance of a semiconductor or chip? • They are the essential parts in the daily gadgets that we use. • Semiconductors ensure the operation of the electronic devices that we use; as well as in automotive. • They are compact, efficient, low-cost, and reliable. They also have a wide range of current and voltage handling capabilities. In the Philippine context: • The Semiconductor and Electronics Industry of the Philippines Inc (SEIPI) expected to recover the decline of exports in 2021 in light of the increasing demand. • According to the SEIPI president, Dan Lachica, the shortage was caused by factories shutting down. • Lachica assured that it has been starting to recover as data showed that the exports have reached $35.8 billion as of November 2020 - with 70% of them being semiconductors. • While Lachica gave the assurance of recovery, he still believed that semiconductors and electronics firms will continue to face challenges because of the pandemic. Investments were still slow. • Lachica then provided the possible solution of the implementation of incentive bills addressing the situation - by helping gain more investors. • According to Cirtek Holdings Philippines Corp., the Cirtek Electronics Corp. would increase production of two major semiconductor customers in the first quarter of 2021. Their aim is to achieve 20%. Music by: DJ Jennifer Lee Spotify: https://bit.ly/Lava_JenLee Epidemic Sound: https://www.epidemicsound.com/referral/wd0utx/ Facebook Page: https://www.facebook.com/JeckTalksTech/ Follow me on Twitter and Instagram: @jerkyjeck Subscribe to my YouTube Channel: https://bit.ly/jerkyjeck A proud member of Cut Print Podcast Network! #JeckTalksTech