Foxconn targets a major expansion in the Philippines in New Clark City under Pax Silica, anchoring a tech hub projected to attract $70B in investments.File Photo: Apple iPhone 17 SeriesFoxconn to expand in the Philippines?Primary Apple contract manufacturer Hon Hai Technology Group (globally recognized as Foxconn) is conducting preliminary due diligence and site inspections to anchor a flagship technology acceleration hub in New Clark City, Tarlac.The planned 1,619-hectare development forms the core of the Philippines’ participation in the Pax Silica Initiative, a US-led multilateral coalition formed to secure supply chains for artificial intelligence, advanced semiconductors, critical minerals, and high-tech manufacturing. Estimates from economic planners indicate that the multi-stage hub could mobilize between USD 40 billion and USD 70 billion in…Read More
Apple Supplier Foxconn Eyes Major Tech Role in Philippines’ Pax Silica Hub
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