SSP Receives 7th Tranche of Reimbursements under Discounted Power Rate Program

Pampanga—(PHStocks)—SFA Semicon Philippines Corp. (PSE: SSP), formerly Phoenix Semiconductor Philippines Corp., took payment of PhP11.44 million representing part of its receivables of the company’s discounted electricity incentive granted under Presidential Executive Order No. 856 and its Lease Agreement with Clark Development Corp. (CDC). This amount is the seventh partial reimbursement of the government through CDC […]
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PHStocks Exclusive: Top 30 Best Performing Stocks in June

Manila—(PHStocks)—It’s that time of the month again to see who the best and worst performing stocks are over the past month of trading. For the month of June, below are the top 30 best performing stocks. (As always, the list is based on the price performance of stocks based on their closing price at the […]
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SFA Semicon Names New President

Pampanga—(PHStocks)—SFA Semicon Philippines Corp. (PSE: SSP) (formerly Phoenix Semiconductor Philippines Corp.) announced the election of Byunggil Go as President following the resignation of Mr. Byeongchun Lee by its Board of Directors in its meeting today (June 13). Lee, who has been President since the start of commercial operations of the leading memory semiconductor assembly company […]
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SEC Approves Change of Corporate Name of PSPC

Clark Freeport Zone, Pampanga—(PHStocks)—The Securities and Exchange Commission (SEC) approved the change in corporate name of Phoenix Semiconductor Philippines Corp (PSE: PSPC) to SFA Semicon Philippines Corp. (PSE: SSP) effective May 25, 2017. The corporate name change was earlier ratified by the Company’s stockholders during the annual meeting held last April 21 and the amended […]
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PSPC Receives Power Subsidy Refund; Reinvests in Phase 2 Expansion Project

Pampanga—(PHStocks)—Publicly listed Phoenix Semiconductor Philippines Corp. (PSE: PSPC) received today May 5, 2017 payment of more than P668.60 million representing payment for arrears from the electric power discounts granted under Presidential Executive Order No. 856 that seeks to promote greater foreign investments in semiconductor and other power-intensive industries. Said amount covers the remaining part of […]
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PSPC Commences Commercial Production of New Mobile Memory Devices

Clark Freeport, Pampanga—(PHStocks)—Phoenix Semiconductor Philippines Corp. (PSE: PSPC) announced that it has successfully stabilized its commercial production of the new memory devices called the Embedded Multi-Media Card (eMMC). The company disclosed that the trial production in latter part of 2016 reached 2.8 million units. Planned production for the first quarter of 2017 is expected to total […]
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Samsung Ink Production Contract Renewal

Pampanga—(PHStocks)—Phoenix Semiconductor Philippines Corp. (PSE: PSPC) has signed with Samsung Electronics Co. Ltd (Samsung) and SFA Semicon Co. Ltd (SSK), formerly known as STS Semiconductor Telecommunications Co. Ltd (STS) the Master Agreement for the production of memory products for Samsung of South Korea. The existing Business Transaction Agreement (BTA) with Samsung provides for an extension […]
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PSPC Parent Company STS Renamed SFA Semicon

Pampanga—(PHStocks)—Listed company Phoenix Semiconductor Philippines Corp. (PSE: PSPC) announced today that its parent company, STS Semiconductor and Telecommunications Co. Ltd, has been renamed SFA Semicon Co. Ltd (SFA Semicon). The change in corporate name was arrived at by the SFA Semicon’s board of directors in its meeting March 30, 2016 which likewise disclosed the decision to […]
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