Global semiconductor firm to invest US$200 M in PH expansion plans

WASHINGTON, D.C. --- A global semiconductor company will invest US$200 million for its expansion plans in the Philippines, Malacaang announced on Wednesday. The Presidential Communications Office (PCO) said Analog Devices, Inc. (ADI) will invest in a new research and development facility to add to its LEED certified production facility at Gateway Business Park in Cavite. John Hassett, Senior Vice President and Chief Operating Officer of ADI, the company would continue to decide on the manufacturing aspects and change the manufacturing operation to focus more on current technology. "So rather than the more basic stuff that may have been done 15, 20 years ago, we have cont...

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