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Author Topic: Relocation of 200+ Japanese Factories from China to PH Starts  (Read 9164 times)

A7x

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06/06/2015 – Manila | Japan is making sure that the bully will pay its due when time comes. The world is losing interest in China. The recent announcement of Microsoft to close its two factories and transfer to Vietnam could cost 9,000 Chinese jobs. The same thing can be devastating in the years to come as Japan announces moving at least 200 factories from China to the Philippines.

According to South China Morning Post, six Japanese and Taiwanese companies turned down China and preferred Philippines for their next factory locations.

“Japan’s biggest printer maker and electronics giant Epson has no plan to expand its production plant in China due to increasing labor cost and deteriorating quality”, Epson Philippines country manager Toshimitsu Tanaka told reporter. Epson is currently building its biggest manufacturing facility in its current site in Batangas. The completed factory will be Epson’s biggest ever with 10 hectares of total floor area. The facility will likely to operate next year according to Tanaka.

Based on the statement released by Nobuo Fuiji, head of the Japanese Chamber of Commerce and Industry of the Philippines Inc., since last year there are some Japanese firms started moving their operation in the Philippines. They believe that Philippines is a growing country and it is competitive enough to cater big investments from them, according to PhilStar.

Japan announced last week that it is seeking permission from the Philippine government to use the country’s military bases to support US military pivot forces. The details are not yet clear but a possible agreement between the concerned parties can be done sooner or later according to a PH military spokesperson.

Japanese bicycle maker Shimano has just opened a P1.2B facility in Batangas, and dozens more factories are likely to follow according to the Japanese Embassy.

Mitsubishi Power Industries is another giant who is scheduled to move to Philippines according to latest news.

Japanese watchmaker Citizen also shut down its China factories and the fate has yet to be decided whether it will move to the Philippines or Vietnam.

Another 300 Chinese workers lost their job after electronic giant Panasonic closed one of its Chinese factories.

Both the Philippine business sector and the government is expecting a stronger democratic and economic ties with Japan amid growing Spratly tensions. Both countries, including Vietnam share the same views against China’s illegal land-grabbing activities in South China Sea.

bat-man

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Re: Relocation of 200+ Japanese Factories from China to PH Starts
« Reply #1 on: June 15, 2015, 12:54:17 am »
Very good news!

wildgang_10

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Re: Relocation of 200+ Japanese Factories from China to PH Starts
« Reply #2 on: June 15, 2015, 01:45:05 am »
Good news for us, madaming mag kakaroon ng trabaho na mga Pilipino ulit.

and thru economics maapektuhan ang China sa aggression na ginagawa nila and para mabawasan naman yung mga pag gawa ng mga fake imitation products nila.


naruto789544

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Re: Relocation of 200+ Japanese Factories from China to PH Starts
« Reply #3 on: June 15, 2015, 10:51:09 am »
i've been to epson batangas and they really are expanding... this is great news and hope everything pushes through... our government should also help this factories relocate here since our countrymen would benefit from all the works it will generate...