Subic Export

The export volume inside this Freeport has significantly increased in the first two months of the year as compared with the same period last year.

Based on the business updates of the marketing department of the Clark Development Corporation (CDC), it showed that the export volume in January and February this year reached $ 594.2 million as against $ 244.3 million in the same period in 2011.

Records showed that a Korean firm--Phoenix Semiconductor Philippines Corporation-- held the number one position in the first month of the year following an export volume of more than $ 102.1 million.

PSPC is a semiconductor firm with more than $ 1 billion committed investments inside this Freeport zone.

Nanox Philippines, Inc. was placed second in the opening month of the year with more than $ 72.9 million exports volume of the Japanese firm.

But Nanox rebounded from being number two in the first month to number one in February with more than $ 118 million exports on the various semiconductor products being manufactured in Clark.

PSPC, on the other hand, fell to number two in February with $ 96 million exports volume.

Other notable firms with significant exports volume in the first two months of the year were Yokohama Tire Philippines, Inc. with a total exports of $ 54.3 million export products ($ 12.8 million in January and $ 25.5 million in February); Lhuen Thai Philippines (LNT) with more than $ 30.2 million exports volume ($ 13.6 million in January and $ 16.6 million in February); Hld Clark Steel Pipe Co. Inc. with $ 19.5 million exports in two months ($ 6.8 million in January and $ 1.7 in February; SMK with $ 12 million total exports ($ 5.2 million in January and $ 7.2 in February).