August 9, 2012 — Heavy monsoons moving through the Philippines are causing floods in and around Manila, the capital. Days of flooding have caused at least 19 deaths, according to CNN, and nearly 2 million people are being affected.
The Philippines is a small but growing area for microelectronics manufacturing and packaging facilities. Amkor (AMKR) has over 1.3 million square feet of manufacturing space there, and On Semiconductor (ONNN) operates 2 manufacturing campuses in the Philippines and 1 design center.
The Philippines is also home to the Bruce Institute of Technology (BIT) microelectronics and storage system training institute for the Philippines, founded by BiTMICRO.
Already, Toshiba Group has said it will make a donation equivalent to 10 million yen to assist relief efforts in the region. Toshiba Information Equipment Philippines, Inc. (TIP), a Toshiba group company in the Philippines, is located in Laguna province, where a large number of evacuation centers have been set up. TIP has delivered about 2,000 bags of relief supplies, containing rice, canned food, water, etc., to evacuees in vicinal community.
As the results of the natural disaster become known for the microelectronics manufacturing industry, we will publish updates on specific companies’ facilities and relief efforts.