The 10% forecast is higher than SEIPI’s initial 5% growth forecast for semiconductor and electronics exports this year. Electronics exports rose by 16.11% to $49.64 billion in 2025 from $42.75 billion in 2024, according to SEIPI data. “Since AI and data centers are still gonna grow, and then there’s automotive electronics, so we’re projecting 10% growth in exports,” Mr. Lachica said. He noted that Hong Kong remains the top destination for Philippine-made electronics and semiconductor exports, followed by the United States and China. Semiconductor exports, which accounted for the bulk of electronic products, also climbed by 21.7% to $19.5 billion in the six-month period from $16.02 billion a year ago, PSA data showed.