Tong Hsing Electronic's Philippine Subsidiary Expands Production, Plans to Build New Plant
Taiwanese semiconductor packaging firm Tong Hsing Electronic announced that its Philippine subsidiary will expand its plant facilities, signing a construction contract worth 1.17 billion PHP (approx. 600 million NTD) to meet operational needs.
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- 📰 Published: April 24, 2026 at 22:14
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ASEAN Finance and Economics Special Report (Total 300 Articles)
Central News Agency
Grasp the New Southbound Policy and look toward the economic pulse of ASEAN. The Central News Agency's "Southeast Asia Finance and Economics Information Network" daily selects multiple financial headlines from countries such as Thailand, Vietnam, Indonesia, Malaysia, and the Philippines. Whether it's new government policies, industry trends, or investment opportunities, it allows you to instantly grasp key information, gain insights into the market, and seize business opportunities.
(CNA Reporter, Taipei, 24th) Semiconductor packaging firm Tong Hsing Electronic announced today that its subsidiary, TONG HSING ELECTRONICS PHILS.INC., will expand its plant facilities, with a total construction contract amount of 1.17 billion pesos (excluding tax, approximately NT$600 million).
Tong Hsing Electronic pointed out that TONG HSING ELECTRONICS PHILS.INC. plans to expand the plant by leasing land and commissioning construction, which will be used for production and operations.
Tong Hsing Electronic previously announced that the board of directors of TONG HSING ELECTRONICS PHILS.INC. resolved to conduct a cash capital increase, with a total amount of approximately 97.76 million pesos (about NT$51.54 million).
Tong Hsing Electronic was founded in Yingge in 1974; the Philippine plant is located in Calamba City and was established in 1994. 1150424
Central News Agency
Grasp the New Southbound Policy and look toward the economic pulse of ASEAN. The Central News Agency's "Southeast Asia Finance and Economics Information Network" daily selects multiple financial headlines from countries such as Thailand, Vietnam, Indonesia, Malaysia, and the Philippines. Whether it's new government policies, industry trends, or investment opportunities, it allows you to instantly grasp key information, gain insights into the market, and seize business opportunities.
(CNA Reporter, Taipei, 24th) Semiconductor packaging firm Tong Hsing Electronic announced today that its subsidiary, TONG HSING ELECTRONICS PHILS.INC., will expand its plant facilities, with a total construction contract amount of 1.17 billion pesos (excluding tax, approximately NT$600 million).
Tong Hsing Electronic pointed out that TONG HSING ELECTRONICS PHILS.INC. plans to expand the plant by leasing land and commissioning construction, which will be used for production and operations.
Tong Hsing Electronic previously announced that the board of directors of TONG HSING ELECTRONICS PHILS.INC. resolved to conduct a cash capital increase, with a total amount of approximately 97.76 million pesos (about NT$51.54 million).
Tong Hsing Electronic was founded in Yingge in 1974; the Philippine plant is located in Calamba City and was established in 1994. 1150424