Texas Instruments invests $10 million to expand Philippines facility

Texas Instruments is a world leading manufacturer of Integrated Circuits (IC) used for mobiles phones and other electronic gadgets. Image: dallasnews.com

Texas Instruments Inc. has confirmed that it’s investing $10 million to expand its product distribution center in Clark Freeport, the Philippines.

A groundbreaking ceremony took place there last week, according to news reports from the Philippines.

It’s part of an overall $1 billion TI said in 2007 that it would invest in its Clark Freeport facilities through 2017, but it has been increased to $1.3 billion, according to a company spokeswoman.

“Our current product distribution center is overflowing; we do not have enough space do an efficient job on distributing,” Mohammad Yunus, president of TI Philippines, told the Pampanga Sun Times in the Philippines. Last quarter, TI shipped 1.5 billion semiconductor units from the Clark Freeport facility and plans to ship 1.9 billion units this quarter, he said.

“We are currently looking on the 2 billion units which could be a new record for any Texas Instrument site anywhere in the world,” Yunus said in the Sun Times.

TI built its first assembly and test site in the Philippines in Baguio City in 1979. In 2009, it opened a second facility in the Clark Freeport Zone,  doubling the company’s capacity in the Philippines. - The Dallas Morning News

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Philippine natural and organic products to be featured in Maryland, USA trade show September

Nine Philippine companies will be joining the Natural Products Expo East, the largest natural, organic, and healthy products event in the US East Coast, from September 17 to 19 at the Baltimore Convention Center in Maryland. STAR/File photo

MANILA, Philippines — Nine Philippine companies will be joining the Natural Products Expo East, the largest natural, organic, and healthy products event in the US East Coast, from September 17 to 19 at the Baltimore Convention Center in Maryland.

The Philippine Department of Agriculture (DA) through the DA-Agribusiness and Marketing Assistance Service (AMAS) organized the following natural product exporters to participate in this event—Brandexports Philippines, Inc., Elemie Naturals Inc., GreenLife Coconut Products Philippines Inc., Nutramedica, Inc., Orich International Traders, Inc., Prime Fruits International, Incorporated, Sweet Pacific Foodfarms Product, Team Asia Corporation, and Tropicana Food Products Inc.

A variety of coconut products will be available to the American public such as coconut water, milk, milk powder, flour, cider vinegar, coconut nutraceutical products, desiccated coconut, coconut sugar, organic extra virgin coconut oil and virgin coconut oil beauty pearls. The coconut is known as the tree of life in the Philippines because of the seemingly endless list of products and by-products derived from all its parts.

Other Philippine products to be featured in the trade show are body products made from pili, handcrafted bath soaps, topical scalp products, vinegar, dried mangoes, noodles, juices and fruit juice drinks, camote (sweet potato) and banana chips, condiments and sauces.

Philippine Ambassador to the United States Jose L. Cuisia, Jr. expressed optimism in the growing share of the Philippines in the natural products market and encouraged US buyers to take advantage of the growing demand for such products.

“The Philippines has long been producing natural, organic, and healthy agricultural products as well as nutritionally-dense foods considered ‘superfoods’ abroad. The Natural Products Expo East is the perfect venue for sellers to bring their products to the attention of the US buyers. I am glad Philippine companies, with the help of the Department of Agriculture and our Agricultural Attaché, have penetrated this market. I hope more Philippine businesses will follow soon,” said Ambassador Cuisia.

The 2014 Market Overview of Natural Foods Merchandiser, a leading media source and information provider for the healthy products industry, showed that US nationwide sales of all natural and organic products jumped 9 percent to nearly $99 billion last year.

According to Philippine Agriculture Attaché to the US Dr. Josyline C. Javelosa, this has also led to a growth in the Natural Products Expo.

“More retail buyers are walking the show floor at Expo East than ever before, looking for the newest quality products to bring back to their stores,” Dr. Javelosa said.

The trade show will reportedly bring over 22,000 attendees and more than 1,800 exhibitors, with approximately 30 percent of those exhibiting for the first time and new to the marketplace, according to Natural Product Expo East.

This year, the expo will include for the first time a Farm-to-Market Tour where attendees will have the opportunity to visit some of Baltimore’s nearby farms and retail stores that source from them. - philSTAR

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New Malware Breaks 'Impenetrable' Corporate Defenses, Strikes First In Philippines

Quick Heal Technologies has discovered a new form of malware that can bypass sandbox-based gateway appliances. Image: IB Times / Reuters

An antivirus firm has uncovered a new strain of malware that can break through highly secure enterprise networks. This malware is capable of getting past sandbox-based gateway appliances, sold by companies like Fireeye and Fortinet, to land in unsuspecting email inboxes. Its discovery by security firm Quick Heal Technologies is set to kickstart a cat-and-mouse game between appliance vendors and malware makers.

That's bad news for companies depending solely on these appliances to keep their network secure. These solutions can run up to $500,000, and have so far been impenetrable. Farokh Karani, a director at Quick Heal, explained that these appliances are a new trend in a world looking to find the one solution to all security problems. "The latest magic bullet being touted is these sandboxing appliances," he said.

These appliances run virtual machines (VMs) with a variety of different browsers, operating systems, and configurations. VMs are sometimes used by consumers with apps like Parallels to run Mac on Windows. In this situation, VMs are used when an email arrives at the company. The appliance executes the code in these VMs to make sure there's nothing nasty hiding inside.

This new malware, known as APT-QH-4AG15, was able to find its way around the appliance, and analysis reveals that it contained several schemes to get around virtual machines and sandboxes. The malware was first picked up in the Philippines, targeting local financial institutions, but Karani warns that all sandbox-based gateway appliances are effected.

"Our initial findings have taught us that even the most advanced sandbox-based appliance protection can be breached," said Sanjay Katkar, CTO at Quick Heal. "As a result, enterprises need to consider and implement multiple layers of protection to safeguard their networks."

Karani explained that antivirus software inside the network was able to detect the malware, but this spells trouble for companies depending on the appliances for their complete security solution. "It's the flaw in approach of sandboxed appliances, if you're taking it to be the magic bullet to stop all malware from coming in," said Karani.

The reason why these appliances have been secure until now, Karani said, is because malware makers weren't targeting them. Instead, developers focused on attacking traditional servers and PCs, bypassing regular antivirus software.

"The best defense is layers of robust protection – from the network to the endpoints and across all mobile devices, with continuous updates made to ensure that all levels of protection are current," said Karani.

The company's report reveals that the file creation date is just over 10 days old. That means the starting pistol has been fired, appliance developers will need to keep up to date, and the myth that these appliances are a "magic bullet" solution is now suspect. - International Business Times

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