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TI recognized as top exporter and outstanding employer in the Philippines

May 20, 2015

CLARK, PHILIPPINES (May 20, 2015) – Texas Instruments, Inc. (TI) (NASDAQ: TXN), today announced that its Philippines operations have been recognized both as the country’s top exporter and an outstanding employer for 2015 by the Philippine Economic Zone Authority (PEZA).

The Billionaires Award, which TI received for the third consecutive year, recognizes companies that export goods or services worth at least $2.5 billion a year. This year, TI also received the Outstanding Employer Award, which is presented to companies that have generated the most jobs, held high regard for the welfare of its workers and maintained harmony between the workforce and management.

“We greatly appreciate this recognition by PEZA and the Philippines government,” said Mohammad Yunus, managing director of TI (Philippines), Inc. “The Billionaires Award demonstrates our continued commitment to the Philippines’ economic growth and development, but we are particularly proud of the Outstanding Employer Award because we recognize that hiring and developing great people is the foundation of our success.”

PEZA, an agency under the Philippine Department of Trade and Industry, is responsible for promoting investments, extending assistance, granting incentives and facilitating the operations of investors in export-oriented manufacturing and service facilities in the country.

The awards were presented to Yunus by Philippines President Benigno C. Aquino III, Department of Trade and Industry (DTI) Secretary Gregory Domigo and PEZA Director General Lilia de Lima at the department’s 20th anniversary event, held at the World Trade Center in Pasay City.

TI has a long history in the Philippines and first began operations in 1979 through its manufacturing facility located at the Baguio City Export Processing Zone. The company then expanded its operations with the opening of its second manufacturing site at the TI Clark Special Economic Zone at Clark, Pampanga in 2009.

 

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