TI’S PLAN EXPANSION TO BOOST LOCAL EMPLOYMENT, ECONOMY

September 1, 2023 Metro BLISTT

BAGUIO CITY

Local employment opportunities is expected to rise as Texas Instruments (TI) is considering to invest $1-billion for the expansion of its facilities here as well as in Clark City (Pampanga). The company’s investment drive is set to increase production to meet global chip shortage. In a random interviews, job seekers to include newly graduates from electronics field , and labor officials welcomed the plan of said American semiconductor company.

“Hopefully we can land a job in TI. It’s been our dream,” said Allan and Rodel in a chance interview, both newly graduates of electronics in one of the university in the city. As per January 2023 data of the Philippine Statistics Authority (PSA), employment rate in Cordillera region is at 96.7 percent, higher than the national figure of 95.2 percent. Unemployment rate stands at 3.3
percent which is lower than the 4.8 percent national average.

With TI’s plan of expansion, local economy will most likely be boosted. Government datas showed
that semiconductors accounted for $35 million of the country’s $45.66 worth of electronics product exports in 2022. For the record, TI, recognized as top exporter and outstanding employer in the country by the Philippine Economic Zone Authority (PEZA), an agency under Department of Trade and Industry (DTI) first began operation s in 1979 through its manufacturing facility at the Baguio City Export Processing Zone. Decades, workers in the said company known as operators (mostly women) and Filipino engineers were recognized, marked by their skills and high level of competency.

Primo Agatep/ABN