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News: Taiwan firm exports $ 449 M from Subic - 19 Jan 2008
Taiwanese-owned Wistron Infocom Phils. Corp., formerly Acer Computers, exported $ 448.734 million in 2007 accounting for almost half of the overall 2 million 2007 exports of Subic Bay Freeport last year. 

This was announced by Subic Bay Metropolitan Authority administrator Armand C. Arreza to reporters during a year-end briefing.

Arreza noted the 2007 exports performance was 40.60 percent higher than $ 691.146 million exports registered by the Freeport in 2006.

As of last year, Arreza reported that Freeport locators are employing 74,181 workers.

Wistron Infocomm is one of the leading computer products manufacturer in the world. The Subic plant produces original equipment manufacturer (OEM) and original design manufacturer design (ODM) laptops, personal digital assistance and servers.

Wistron employs as much as 1,000 people. Its main markets are Eastern Europe countries.

Lets Do Mobile Phils. Emerged the second biggest Subic exporter with total exports hitting $ 132.992 million.

On the other hand, Hitachi Terminals Mechatronics Philippines Corp. exported a total of $ 90.569 million. The company produces Automated Teller Machines.
Hitachi produces over 20,000 kinds of products for home appliances and electronics, information and telecommunications systems, power and industrial systems, digital media and consumer products, high functional materials.

Japanese firm Sanyo Denki Philippines Inc. also exported $ 71.820 million worth of products.
The company has a $ 21 million investments in Subic and employing hundreds of Filipino workers for the production of electric machineries and appliances including motors for computer cooling systems.

Juken Sangyo Corp. completed the top five exporters with total exports of $ 42.323 million for the exports of wooden furnitures.

In terms of imports, Arreza reported that SBMA locators imported a total of $ 1.786 billion or 10.01 percent higher than the $ 1.624 billion in 2006.

Posted By: PhilCTTIS Data Center 
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