Intel is arguably the most high-tech company to invest in the Philippines. Their main operations in the country is located at their manufacturing plant in General Trias, Cavite where they manufacture and test their microprocessors and flash memory. (I’m not sure if this is where some of their Core 2 CPUs are made.) Intel has actually been in the country since 1974 (only six years after the company was founded!) starting with a manufacturing plant in Bangkal, Makati. In 1996, Intel opened their plant at the Gateway Business Park in Cavite and consolidated all of their operations there by 2002. The Makati plant is now abandoned.
Intel’s operations in Cavite has made a significant impact in the province’s economy. It accounts for 22% of all of Cavite’s exports in 2004, which is quite large considering that there are other semiconductor companies in Cavite. Overall, Intel accounts for 0.3% of the country’s total GDP and employs about 5,000 people, most of them test engineers. (I have some batchmates from UP who work there.)
Recently, Yuga raised the alarm that Intel might leave their Cavite plant for China. It’s true that Intel will put up a $2.5B fabrication plant in Dalian, China but whether they will leave Cavite or not is still an open question.
Anyway, here’s the main page of Intel Philippines if you want to learn more about Intel’s involvement in the country.