Difference between revisions of "Intel Technology Philippines Incorporated"

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'''Intel Technology Philippines, Inc'''. (ITPI) is the local subsidiary of Intel Corporation, and the first American multinational and semiconductor company in the [[Philippines]]. It is established in 1996 with around 5000 employees to start. Since then, the company has grown tremendously and now as one of the Top Corporations in the Philippines.
 
'''Intel Technology Philippines, Inc'''. (ITPI) is the local subsidiary of Intel Corporation, and the first American multinational and semiconductor company in the [[Philippines]]. It is established in 1996 with around 5000 employees to start. Since then, the company has grown tremendously and now as one of the Top Corporations in the Philippines.
  
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Generates 36,000 jobs indirectly, in allied services/industries  
 
Generates 36,000 jobs indirectly, in allied services/industries  
  
==Reference=
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==Reference==
  
 
* "Intel in Your Community" About Intel Philippines http://www.intel.com/community/philippines/index.htm (Accessed on July 13, 2007)\
 
* "Intel in Your Community" About Intel Philippines http://www.intel.com/community/philippines/index.htm (Accessed on July 13, 2007)\

Revision as of 06:50, 13 July 2007

Intel Technology Philippines, Inc. (ITPI) is the local subsidiary of Intel Corporation, and the first American multinational and semiconductor company in the Philippines. It is established in 1996 with around 5000 employees to start. Since then, the company has grown tremendously and now as one of the Top Corporations in the Philippines.

ITPI is the preeminent high volume assembly/test site of Intel. Located in Gateway Business Park, Javalera, General Trias, Cavite, ITPI is counted among the prime movers in the local electronics and semiconductors industry.

Intel's economic impact

To date, total investments in the Philippines is USD 1.51 billion. In 2004, Intel commissioned the University of Asia and the Pacific to determine Intel's impact to the Philippine economy. Below are relevant findings of the Economic Impact Study on Intel Philippines.

As a contributor to the national economy:

USD 383 million in total output effect is equivalent to 0.30 percent of Philippine GDP Every PHP 1 value of Intel export corresponds to PHP 2.8 total export impact Every PHP 1 increase in export demand for Intel products translates to a PHP 1.52 increase in national output USD 7.2 million of total tax contributions in 2003, equivalent to .01% of current GDP USD 301 million in direct exports in 2004 USD 713 million in direct and indirect export contributions USD 37.5 million employment income More than 5000 direct employees Generates 36,000 jobs indirectly, in allied services/industries

Reference






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