 Intel Technology Philippines, Inc. (ITPI) is the local subsidiary of Intel Corporation, is Intel's second offshore assembly operations center in Asia, and the first American multinational and semiconductor company 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.
|
- Established in 1996 (Cavite site)
- Around 3000 employees
- Makati operations (since 1974) consolidated in 2002
- 49 acres with 1169 KSF total floor space
- Microprocessors Assembly & Test
- Division of Planning and Technology Marketing
- Chipsets Assembly & Test
- Logistics Warehouse
- Flash Silicon Design
|
|
|
| Intel's economic impact in the Philippines |
|
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:
* Economic Impact Study on Intel Philippines, 2004
|
- 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
|
As a driver of Cavite's economy:
* Economic Impact Study on Intel Philippines, 2004
|
- Accounts for 22 percent of exports
- Accounts for 36 percent of real domestic production
- Accounts for 15 percent of all ecozone employment
- Intel Technology Philippines is the largest employer in General Trias
|
Taxes:
* Economic Impact Study on Intel Philippines, 2004
|
- 2005 – USD 5.1 m
- 2004 – USD 8.7 m
- 2004 – USD 7.2 m
|
Stimulant of local business growth:
|
- USD 25 million to local services in 2003
- From 127 SMEs in 1996, to 447 in 2004
- From 4 real estate developments in 1996 to 30 in 2004
|
|
At Intel, corporate responsibility means achieving business success in ways that honor our ethical values and demonstrate respect for people and the planet. Intel's corporate responsibility focuses on the environment, education and community.
Contact information:
Philippines Corporate Affairs
|
|
|
|
|
