seipi unites at

SEIPI unites at A Business Night

@ The Museum: SEIPI New Year

Fellowship Meeting and 11th

Partner of the Industry Awards Night

This year’s 95th general membership meeting, also the first major event of SEIPI’s 25th Silver Anniversary, was entitled SEIPI NEW YEAR FELLOWSHIP MEETING AND 11TH PARTNER OF THE INDUSTRY AWARDS with its theme as “A BUSINESS NIGHT AT THE MUSEUM”. It was held at the National Museum of the Filipino People located at Padre Burgos Street, T. Agrifina Circle, Finance Road, Manila. The SEIPI Business Night @ The Museum was a stand-in activity for the SEIPI New Year’s Ball, an annual dinner dance affair. It provided the industry stakeholders with an atmosphere of inspiration to manage the downturn and prepare for the upturn. This year’s location was in a museum to keep it simple and elegant keeping in mind the state of the industry today, at the same time, acknowledging the triumphs over the past 25 years that SEIPI now celebrates. This venue inspired the industry to understand how to make the best out of the situation at hand. The program started at 5:00 pm as guests entered using the grandeur Red Carpet to the registration area. They were greeted by Welcome Cocktails inside the grand lobby of the museum known as the Marble Hall. Wine, drinks and canapés were served to all the guests. At 6:20pm, the tour of the museum began, which covered the history of the Filipino culture, with museum curators noting various historical periods including archaeology and ethnography that were exhibited in modern and high tech displays. The guests were divided into 4 groups with curators as their guides. After the tour, guests descended into The Courtyard, an open air garden set-up located at the center of the museum’s edifice, where Nobu-inspired foods and cocktails is about to be served, courtesy of Kai Neo Restaurant. The program proper started with “The Welcome” message from Mr. Ernie Santiago, the SEIPI President. Mr. Santiago showed a review of 2008’s concluded exports, imports and investments in the country, as well as the global and Philippine electronics industry. He finished his short message with an important note - “All is not Doom and Gloom; Global fundamentals are still there, especially for our industry!” The next speaker was the SEIPI Chairman, Mr. Arthur Young, who discussed “The Industry”. He started with a forecast from the Global GDP of electronics and semiconductor which shows an expectancy of a negative growth on worldwide sales and revenues resulting to the industry’s downturn. He ended on a positive note saying, “Consumers are key to driving demand.”

SEIPI Digest 2009 ISSUE 1

Followed by these two presentations, SEIPI’s emcees conducted a short interview session with several members of the SEIPI BODs as well as some business leaders involving their thoughts and opinions about the current downturn. Some of these individuals included Mr. Bing Viera, Mr. Ed Fortunado, Ms. Melba Cuyahon, Director-General of PEZA, Ms. Lilia De Lima and Governor Francis Ferrer. They simply gave encouraging words to inspire and enlighten the guests to keep the industry spirit alive. After their quick messages, the Partner of the Industry Awards, an awarding ceremony also known as the PIA, commenced.

The 2009 Partner of the Industry Award was given to DTI Secretary Peter B. Favila. He was chosen because, aside from the devotion he showed to the semiconductor and electronics industry, he supported and contributed in its development. A short presentation was shown to honor him—it displayed a recap of where he had been and what he is doing now, for the government and for the industry. Afterwards, he gave a heart-felt speech showing his genuine gratitude to the industry and leaving the guests with a promise of continued support to the industry.

The program ended with entertainment provided by the Amelco Desiccants known as the Laguna Jam Band, live on the stage. The guests ended the night enjoying the atmosphere of camaraderie while singing along with the band and continuing to mingle and share their ideas, thoughts and sentiments.

THE INDUSTRY’S HISTORICAL GROWTH RATE

THE GLOBAL ELECTRONICS INDUSTRY HAS EXPERIENCED SEVEN DOWNTURN YEARS. TWO IN 70’S, 80’S AND 90’S. THE LAST ONE WAS IN 2001. THERE HAS BEEN NO SEQUENTIAL DOWN YEAR.

THE PHILIPPINE ELECTRONICS INDUSTRY HAS EXPERIENCED THREE (3) DOWNTURN YEARS.

THE PHILIPPINE ELECTRONICS INDUSTRY IN 2008

2008 EXPORTS EXPORT BY SECTOR

2008 EXPORTS PERFORMANCE BY SECTOR

2008 IMPORTS 2008 INVESTMENTS


The board meeting was held last March 13, 2009 at the SEIPI Head Quarters, RCBC Plaza, Makati. Present during the meeting were Arthur Young (SEIPI Chairman), Larry Qua (Ionics), Richard Cohen (ON Semiconductor), Melba Cuyahon (ST-NXP Wireless), Jeff Dryjanski (Amkor), Ed Fortunado (Analog Devices), Dan Lachica (First Philec), Art Tan (IMI), Bing Viera (Texas Instruments Philippines), Michael Wentling (Intel), and Ernie Santiago (SEIPI President). The meeting was also attended by Cesar Quiason (ARCDI, Executive Director), Gabby Bordado (TESDA, Executive Director), Dr. Emil Antonio (University of Asia and the Pacific, UA&P), and Dr. Stan Padojinog (University of Asia and the Pacific, UA&P) as guests and speakers.

The meeting agenda focused on the impact of the global financial crisis on the Philippines and the electronics industry, performance and outlook of the electronics industry, and SEIPI Projects for 2009 such as: TESDA Training, TWG on Education, Industry Promotion, GMMs, etc. The various discussions and key points of the meeting are as follows: On the Impact of the Global Financial Crisis to the Philip-pines --- Dr. Emil Antonio, UA&P The University of Asia and the Pacific is doing a study on the impact of the global slowdown on the Philippine economy and is trying to pin down what types of interventions can be done to mitigate the impact. The semiconductor and electronics industry is the most affected sector in terms of global financial crisis that is now being experienced. The objective is to try to evaluate the vulnerabilities and the ultimate interests are for very specific actionable programs. Nature of the Crisis

The nature of the crisis is a credit crunch because the usual source of funds dried up. This is most applicable to the United States and the other big economies.

The perceived problem is drying up sources of funds and the root cause is the collapse of confidence (stock

market), and that led to slowdown of spending and slowdown in production.

Obama’s stimulus package is made up of two (2) parts: first is they are trying to restore confidence of system, the second is the fiscal stimulus that is to be spent to stimulate the economy.

How does the crisis spread or how does the virus spread?

Direct Contact is unlikely to occur as the Philippines is not moving in the same circle as the developed economies. At the macro picture, there is very little danger for the Philippines here

Indirect Contact – this is the danger. How the Philippines will be affected and what are the likely implications of the global crisis?

The Philippine economy will have reduced financial costs, reduced demand for goods and services and lower commodity prices.

Possible effects on the economy are reduced foreign investments, lower demand for exports, reduced OFW remittances, possible slowdown in the BPOs and lower income from commodity exports.

How do we check if we can cope?

Check the state of the financial health of the nation. Determine what are the key indicators that signal the financial health, and what these indicators suggest. Simply put, there is a need for a framework to simply illustrate how the Philippine economy works.

The Household Framework

Look at the economy as if you are running a household. To check the financial health of a household three (3)

indicators are necessary: amount of cash, management of income and expenses, and access to other people’s money.

A breadwinner of a household must have reserves, not savings. This person may lose a job but he/she still has to spend. The advice is calculate how much you spend per month and set aside an equivalent amount of six (6) months, as it usually takes about this long to find another job.

A household gets into trouble if it runs short of cash and it has no savings or reserves. A third party comes into the picture as the household would need another source of fund. The problem is there are limits as to how much a person can access other people’s money.

Comparing the Household to a Nation

When a nation spends more than what it earns, it will be importing more than what it is exporting.

Import and export are international transactions that need currencies (Dollars, Euro, Yen, or Pound.)

The SEIPI Board of Directors brainstorm for 2009

Deficits have to be financed with foreign currencies and the problem with foreign currencies is it cannot be printed. It has to be earned or bought. When the nation runs out of dollars for its reserves and nobody wants to donate, invest, or lend, a dollar shortage occurs.

When you have a dollar shortage its price will have to go up, hence, the peso dollar rate moves up.

For the electronics industry, dollar shortage is actually beneficial. Looking at the economy as a whole, an atmosphere of uncertainty occurs which then puts pressures on other prices. Interest rates will go up, inflation rate will go up, and then workers will ask for higher wages.

How to check the financial strength of the nation? There are 3 indicators in checking the financial strength of a nation: first cash position, the equivalent is the gross and net of your international reserves. It’s not the absolute amount that matters, what matters is how many months imports can you finance?

Cash Position – the equivalent is the gross and net of international reserves. It’s not the absolute amount that matters, what does, is the number of months a nation can finance its imports. In the Philippines, the standard is 3 months.

Current Account Balance – check the balance between what is spent and what is earned

Capital Account – the dollars that come in the form of capital and the dollars that get out in the form of capital

Currently, the nation is in surplus with very little short-term obligations and with relatively good cash position. Improving the economy’s income spending balance?

Check how the nation’s income is divided and consider the two (2) sectors in the economy: public and private.

Before, more and more, as in proportion was going to the government, hence the tax collection improved, taking a greater share of what the nation earned. After some years, tax collection in proportion to the national income declined leaving more income to the hands of the private sector.

Before the private sector was also in deficit, but now it has been posting surpluses. That’s why in terms of national savings rate, that has dramatically improved, the banks became awash with money. With increase of supply of funds, interest rates have moved up.

Looking at the public sector’s performance, during the Aquino and Ramos time, tax collections are higher because debts were being paid-off. During Estrada’s time, the proportion of the tax collection declined. The origin of the fiscal deficit that was declared in 2004 by the President.

Somewhat you have a private sector that is already in surplus and you have a government that was trying to reconcile income and spending even at a lower level.

Summing up, the nation as a whole is in surplus, it has been building reserves, and is starting to improve its credit rating.

What are the interventions needed to cope.

Government should assist the industry to acquire guaranteed loans intended for expansion of electronic firms. Other than this, the government should also work on having competitive incentives, taxes should be lower, and total power cost should be cheaper and with a good quality.

Another recommendation is to work on industrial promotion in the Philippines to encourage consolidation of business operations. Many firms that have scattered operations all over Asia may actually consolidate in the Philippines.

On the industry level, the competitiveness of the electronic workers should be maintained.

The trend right now are for wafer fabs to be outsourced. The assembly and test houses are starting to locate where the fabs are. The big demand has been separated, at least the strategic investments. Whatever is left is going to be a competition field for Vietnam and the Philippines.

Managing the Perception?

Industry statistics are showing decline but there are opportunities for the sector that should be seized with the help of the government.

The opportunity of consolidation is one, as the trend right now is for companies to consolidate its operations in a single location. The Philippines especially during this time should be marketed as the preferred site for consolidation. Along with this, the government should make some adjustments on how business is done here. Meaning there should be lower power costs, good incentives, etc.

Both the semiconductor and electronics side of the business must be marketed, as both sides need to grow.

The supply-base or the suppliers is another sector that could be attracted by the government.

The Industry

Gartner’s guidance on the semiconductor industry is that worst case, it will be down by 33%, middle case, down by 25% and 20% down for the year will be a good case. Year 2010 will be up by 7% to 8%. The big recovery will be in 2011.

The forecast for the year is down by 20% to 30%, depending on how the 2nd half goes.


ASPA Survey

Popular Coping Measures to address the Global Economic Crisis

Compressed workweek Temporary lay-off Freeze Hiring Outsourcing of non-core functions Reduce/Eliminate overtime Retrenchment

25,399 workers were AFFECTED and are AT RISK by adapting these measures

Profile of affected and at risk workers Engineers Technicians Operators

Out of 25,399 workers, an available supply of 2,872 workers experiencing shortened workweek was identified to be in need of training.

SEIPI-TESDA TRAINING PROGRAM

Given the a budget of P10,000,000.00, SEIPI and ARCDI, through a series of meetings with a team composed of engineering heads, and HR Directors, identified three (3) key engineering positions to be trained in the first cycle:

Product Engineers (Levels 1 to 3) Design Engineers (Levels 1 to 3) Test Engineers (Levels 1 to 3)

These engineers are to undergo training courses that on an average should be freed from his/her job 80% of one (1) month. It’s like four (4) or five (5) days training to cover the nine (9) courses over a one month period.

The issue is that some companies cannot afford to let their engineers go for a number of consecutive days. In fact, the engineers of some companies have no time-offs, as they are not idle.

Even if the trainings are to be held in the company premises, using ARCDI’s certified facilitator, engineers may still not be available. There is an issue that if the training is to be done in-house, companies still have to pay as workers cannot be forced to charge this on their unforced leave.

As a solution, ARCDI is to meet with the training representatives of SEIPI companies to determine how the trainings could be deployed.

TESDA finds the instructor’s fee to expensive. Since some of the facilitators are working in companies of the SEIPI Board Members, a lower might be negotiated.

The instructor’s fee is too expensive. This should be negotiated. Art Tan stated that we are in a better position to leverage. The fee discussed has to be classed for the next 90 months.

SEIPI PROGRAMS/ACTIVITIES

General Membership Meetings (GMMs) April 20 – Manila Polo Club July 24 – Subic or Clark. Bing Viera has the

option of opening the TI Clark facility for the SEIPI members to see

October 24 – This is SEIPI’s 25th year and if the market is better, a bigger celebration could take place.

PSECE

Exhibit – Business is not well and there may not be enough exhibitors this year. The board finds the need of a survey to get a feel on how many members are interested to participate. At the moment, AEIS, a foreign organization counterpart of SEIPI at Singapore and TEEMA in Taiwan have expressed their intention to participate in the exhibit. One suggestion is for SEIPI to go to Taiwan and visit TEEMA to encourage its member companies to join the exhibit. Solar industry is also another market for this.

ANTS (ASEMEP) – The SEIPI Board agreed that ANTS should still continue regardless if the exhibit will be postponed. This is a good exercise for the industry’s engineers and should be funded by SEIPI.

Sports Activities

Golf Bowling and Badminton

Membership SEIPI membership has gone down a few numbers

due to the current business situation. Since it is the time for consolidation, maybe

EAPI, an organization of Filipino-owned electronic companies, could join SEIPI but should be given a lower rate for its annual dues.

Industry Promotion and SEIPI Brochure

SEIPI will update its new brochure.

SEIPI Sponsors SEIPI has only 1 annual sponsor for the year

(First Gen)

TWG on Education Currently the team composed of HR directors and

Engineering Managers are working on a structured OJT program

2009 began with The Association of SEIPI Personnel Administrators’ (ASPA) plans to recognize the measures being taken by all HR Departments in the Semiconductor and Electronics Industry with regards to coping with the global economic crisis. News spread involving various SEIPI Member companies’ measures, including drastic procedures such as retrenchment and layoff. First on the ASPA Team’s agenda was a Consultation Dialogue with DOLE IV-A and BLR held at Continental Temic Electronics Philippines Inc. on January 15, 2009. With this meeting and the issues communicated to the ASPA Board of Directors via the ASPA Yahoo Group, SEIPI-ASPA Chairman, Mr. Butch Del Rosario and the ASPA Board of Directors decided to conduct a survey that would help define a clearer picture of the numbers of affected employees of the industry. The survey conducted by SEIPI-ASPA was entitled, “ASPA Survey on HR Coping Measures regarding Global Economic Crisis”. The results are as follows: A. The measures participating companies have taken to address this global economic crisis include: 1. Compressed Work Week—Reduced working days for all employees ranging from 3-7 days (chargeable against earned

SL/VL credits) 2. Cost Reduction— Reviewing non-essential cost (i.e company social activities, cell phone allocation, etc) as well as strict

implementation of cost-saving measures on operations - e.g. electricity, and others. No replacement for resigning employees and zero external trainings.

3. Headcount—replacing contractual headcount as contracts mature and utilizing excess headcount to productivity improvement projects with target to realize dollar amounts equivalent to the cost of keeping the excess headcount in the payroll, EOC for contractual/agency members employees

4. Reduce/Eliminate Overtime—implementation of zero overtime and no hiring/replacement of resigned employees as well as rotation of work schedule, scheduled leave adopted for support and office personnel, 30% Cost reduction on all consumable items

5. Other—Retrenchment, employees on forced leave will be given a financial assistance equivalent to 50% of their basic pay, VRP since August 2008, 10-day PTO for the 1Q09, and forced leave

Mentioned comments were : 1. Cost Reduction— Control on all admin and miscellaneous expenses and stop in investments as well. 2. Paid Time Off or Paid Forced Leave 3. Compressed Work Week—4-Day Work Week 4. Other—7-day shutdown in Q109, Reducing/Eliminating Overtime The most similar response and comment among participating companies was “compressed work week”. B. Participating Companies identified a sum total 25,399 affected employees. C. Participating Companies identified the time frame to be Jan to Mar 2009, Q1. D. The current status of companies regarding these coping measures included: 1. On-going Discussion with Employees—Employees are made aware of the company's current situation and are asked to

reduce cost whenever and wherever they can. 2. One Time Explanation 3. DOLE—notice to, submission of report/letter to, and/or communication with DOLE 4. Other—Review sales performance end Q1 and implement action plan depending on achieved result, possibility of

voluntary/non-voluntary retrenchment programs are seriously considered, scheduled shutdown dates in Q1 Remarks regarding current status (ex. since Q4 2008, on going livelihood training, extension of micro financing loans etc.) included: 1. On-going livelihood training 2. Shutdown/Retrenchment 3. Loans 4. Cost Reduction The most similar response among participating companies was “on-going discussion with employees”. What started out as a another project of SEIPI-ASPA to consolidate information that would be most helpful to the industry, lead to a follow up survey which supported the current dealings SEIPI has had with the government (namely Technical Education and Skills Development Authority or TESDA) to fund training support programs for these affected employees.

Networking Committees move forward in Q1 Activities

Members of ASPA (above) get together to discuss coping measures.

ASPA prepares Measures to Cope with the Global

Economic Crisis

ASEFEX Members assemble for a group picture including ASEFEX Board of Directors (below).

ASPM visits TTPI The first General Membership Meeting (GMM) of the Association of SEIPI Purchas-ing Managers (ASPM) for 2009, was held last February 26, 2009 and was sponsored by

Tritronics Technology Philippines, Inc. (TTPI) located at the Golden Mile Business Park, Carmona, Cavite. TTPI is a Fili-pino-owned company, a member of the Philippine Electronics & Semiconductor Suppliers Association Inc. (PESSA), and also an affiliate member of SEIPI.

As host of the month’s GMM, TTPI, led by its President, Mr. Sammie Yap, graciously toured the members of ASPM through its ICT fabrication line and as well as showed the type of products it has been distributing for almost a decade now. TTPI is

an established trading firm that serves as an agent and distributor of high quality products and services for semiconductor, electronics and PCB assemblies. The meeting commenced with Mr. Gani Ong of Perkinelmer, the Chairman of ASPM, who shared some must-know facts about the current status and foresight on the electronics industry, both global and in the Philippines. The focus of his presentation highlighted networking and information sharing, which are the two key services that ASPM offers to its members. As the electronics situation in the country is not in good shape, ASPM advocates sending their respective purchasing executives to attend various workshops and trainings that are designed to enhance their skills in the purchasing field. With this, ASPM intends to offer its members one-day of free training to be facilitated by The Philippine Institute for Supply Management or PISM.

ASPM represented by member companies (above). ASPM Chairman, Gani Ong presenting to ASPM members (below).

ASEFEX gets ready for the Challenges of 2009

ASEFEX held its first general membership meeting of the year on January 28, 2009 at Advanced Research and Competency Development Institute (ARCDI), Alabang. It was a whole day session that focused on “The Challenges of 2009” and included speakers from Sycip Gorres Velayo & Co. and Union Bank as well as a well-known tax expert, Attorney Victorino Mamalateo. The session began with an inspirational speech by Ms. Sherisa Nuesa, managing director of the Ayala Corp., CFO and treasurer of the Manila Water Co., and now CFO of the IMI Group of Companies. Having been the FINEX CFO of the Year for 2008, she was able to share very deeply inspiring words to the ASEFEX members. The meeting then continued with “Compliance Challenges of 2009: Your Compliance to International Accounting Standards” discussed by Mr. Wilson P. Tan, Mr. Romulo S. Danao Jr., and Mr. Albertson A. Paras from Sycip Gorres Velayo & Co. After a networking luncheon that included a brief video shown in accordance with SEIPI’s Values Formation program, Mr. Robert Ramos of Union Bank presented on “Economic Challenges of 2009: The Global Financial Crisis” followed by Atty. Vic Mamalateo who discussed “Tax Challenges 2009: Your Tax Rights and Remedies”. After the raffle and awarding of Early Bird prizes, the session ended with a long line of ASEFEX members buying books authored by Atty. Vic Mamalateo.

SGV & Co. Speakers (Top), Atty. Vic Mamalateo (bottom left), and Ms. Sherisa Nuesa receives plaque of

appreciation from ASEFEX Chairman, Mr. Louie Macatiag (bottom right).


ASEMEP invites all to attend the 19th ASEMEP National Symposium (ANTS) and 5th Philippine Electrostatic

Discharge Forum

Host Company:

A Project of:

The Semiconductor and Electronics Industries in the Philippines Inc. (SEIPI) through the Association of Semiconductor and Electronics Manufacturing Engineers of the Philippines (ASEMEP), in cooperation with this year’s host company –

Integrated Microelectronics, Inc., invites you to attend the 19th ASEMEP National Technical Symposium on June 4-5, 2009 at the SMX Convention Center, Mall of Asia.This year’s theme is “Achieving Limitless Possibilities With An Enabled Engineering Workforce,” the symposium will feature technical presentations and learning sessions from engineers of semiconductor and electronics manufacturing companies in the Philippines and from engineering students of top universities.

Also as a separate event, ASEMEP ESD Council (AEC), the first ESDA local chapter in Asia, will be conducting its 5th Philippine Electrostatic Discharge Forum on June 5, 2009 at the same venue. " The theme is "Innovative Thinking Towards Robust & Cost Effective ESD Control Program " . There will be speakers from the Academe, ESD Guru from the industry and International guest speakers. Interact in this technical sharing and learn practical ways on how to simplify your ESD Control to reduce cost and at the same time make it robust . **Please take note that fees are different for ANTS & ESD FORUM**

ANTS Early Bird Rates (until May 23):SEIPI Member Companies: Php3500

Non-SEIPI Member Companies: Php4500

ANTS Regular Rates (entitlement to ESD Forum):SEIPI Member Companies: Php4000


Academe: Php2500

Student: Php1000

For Inquiries:Luke Mendoza [email protected]

Rochelly Martinez [email protected]

Dr. Bernie [email protected]

Mike Pacis (AEC/ESD Forum)[email protected]

You may also find registration forms at:www.asemep.com.ph

www.seipi.org.ph

www.asemep.com.ph

www.global-imi.com

CALL for DELEGATES

ESD FORUM Rates (without ANTS):SEIPI Member Companies: Php2000


PHILIPPINE ELECTROSTATIC

DISCHARGEFORUM

Register now and avail of the early bird rates! Contact Leila Guinto at [email protected] or call 8449028 to 30

5th

The Semiconductor and Electronics Industries in the Philippines, Inc. (SEIPI) together with The Association of Semiconductor and Electronics Manufacturing Engineers of the Philippines (ASEMEP) and this year’s SEIPI member company host Integrated Microelectronics, Inc. (IMI) is inviting everyone to attend the 19th ASEMEP National Technical Symposium. This 2 day event will run from June 4 & 5, 2009 at the SMX

Convention Center, Mall of Asia and will f e a t u r e d i f f e r e n t t e c h n i c a l p a p e r presenta t ions and learning sessions from engineers from well renowned companies in the Semiconductor and Electronics industries. T h e s e t e c h n i c a l presentations fall under five (5) different categories which are: E l e c t r o n i c s Manufacturing Systems (EMS), Semiconductor Manufacturing Systems ( S M S ) , Q u a l i t y Systems Failure Analysis & Reliability (QSFAR), Product & Test Technology/ESD, and Support Systems & Facilities. Concurrent ly , t h e A S E M E P Electrostatic Discharge Council (AEC) will be conducting its 5th Philippine Electrostatic Discharge Forum on June 5, 2009 in the same venue as well with this year’s theme a s “ I n n o v a t i v e Thinking Towards R o b u s t & C o s t Effective ESD Control Program.” This Forum will feature speakers from the academe, ESD presenters from the industry, and guest speakers from the i n t e r n a t i o n a l community.

SEIPI CHAIRMAN’S CUP WINNERS (above)

SEIPI ANNUAL SPONSORS:

HOLE SPONSOR:

MOST ACCURATE DRIVE LONGEST DRIVE NEAREST TO THE PIN LOWEST GROSS LOWEST NET ___________________________ CLASS A CHAMPION 1ST RUNNER UP 2ND RUNNER UP ___________________________ CLASS B CHAMPION 1ST RUNNER UP 2ND RUNNER UP ___________________________ CLASS C CHAMPION 1ST RUNNER UP 2ND RUNNER UP ___________________________ LADIES DIVISION CHAMPION 1ST RUNNER UP 2ND RUNNER UP ___________________________ GUEST DIVISION CHAMPION 1ST RUNNER UP

ELI CARSULA, Air Freight 2100 STEVE ROBERTSON, Temic Semiconductors Test, Inc. KANCHIT SATARUG, Cypress Manufacturing Limited OWEN FULO, Air Freight 2100 NOLAN ENRIQUEZ, Cross-Link Electric Corp. ______________________________________________ DENNIS ROQUE, Globe Telecom DEO AGUINALDO, Triglobe BIJAN AKRADI, Cypress Manufacturing Limited ______________________________________________ BEN ZETA, Air Freight 2100 DINGO BONIFACIO, Remec Broadband RAMON RONQUILLO, MTI Advanced Test ______________________________________________ MARLON ALAGAO, LGC Logistics/Air Freight 2100 DHAN PANGILINAN, RNM Dynamics KANCHIT SATARUG, Cypress Manufacturing Limited ______________________________________________ VIVIAN MAWIS, Romma Electronics LISA SARTE, Romma Electronics ANA COSCOLLUELA, Globe Telecom ______________________________________________ MICHAEL CHEON, Prima Tech BOOM COSCOLLUELA, Triglobe

and SEIPI Golf Committee Chairman Mr. Freddie Pacho,

The first SEIPI Sports Fellowship for 2009 was held at the prestigious Alabang Country Club Friday, February 20 and was well attended by 70 golfers from 33 different SEIPI member companies. It turned out to be a beautiful sunny day as the ceremonial tee off was led by SEIPI President Mr. Ernie Santiago, Pricon Microelectronics Chairman

SEIPI Members compete @

The 2009 Chairman’s Cup


Team Pacific President & CEO Mr. Freddy Fernandez, and Senior Vice President Mr. Gene Bautista. It ended with a lunch and awarding of trophies (the winners are listed below).

seipi unites at

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