Phoenix Semiconductor Philippines invests $170M in Phase 2 expansion at Clark Freeport

Phoenix Semiconductor Philippines Corp. (PSPC) held groundbreaking for the second phase of its expansion project at Clark Freeport, with an additional investment of $170 million. The expansion is expected to double manufacturing capability and employment.

“A leading global semiconductor firm is investing an additional $170 million to expand its operations at the freeport zone.”philstar.com

• 2 sources
• philstar.comPhoenix Semicon invests add’l $170 M in Clark | Philstar.comRic SapnuFeb 18, 2017
• businessmirror.com.phPhoenix Semiconductor to pour P8.48 billion more in expansion project in Clark Freeport | Catherine PillasCatherine PillasJan 4, 2018

Summarized from public sources; check the original articles before acting on it.