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Texas Instruments Postpones Phillipines Expansion

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MANILA, Philippines, Oct. 26 -- Texas Instruments (TI) Philippines will delay its $100 million expansion project due to sluggish global demand and the expected negative economic effects of the September 11 terrorist attacks in New York. Speaking this week at an event organized by the Semiconductor and Electronics Industries in the Philippines (SEIPI), an organization of more than 500 manufacturers of electronic components and products based in the Philippines, TI Philippines Managing Director Norberto Viera said the project has been pushed back to 2003 or until "better business situations"...Read full article

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    Published: October 2001
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