Another chapter in Southeast Asia:Filmbase joins hands with Philippine partners to share new material opportunities

In the wave of technology-driven industrial innovation, Filmbase welcomes another new chapter of global strategic cooperation, as Mikron Filmbase officially signed a strategic cooperation agreement with an important partner in the Philippines at Baolong Base.

As one of the most dynamic markets in Southeast Asia, the Philippines has been experiencing steady economic growth in recent years, accelerated urbanization and fast-tracked infrastructure development. With a population of 110 million and 60% of young people under the age of 30, the Philippines has demonstrated strong consumer dynamism and a high level of acceptance of new technologies. In addition, Filipinos have a natural preference for imported products, and remittances from OFWs are an important driver of the local consumer market, creating a vast market for high-end optical materials.

Filmbase chose to join hands with a Filipino partner based on its deep insight into the potential of the market and the need for industrial upgrading. The Philippine government is vigorously promoting infrastructure construction, and there is a growing demand for high-performance optical materials for key projects such as roads, bridges and ports. Meanwhile, the rapid development of the manufacturing industry has also promoted the wide application of optical materials in consumer electronics, automotive, medical and other fields. With this cooperation, Filmbase will leverage the local resources of its Philippine partner to further strengthen the brand's influence in the Southeast Asian market. The Philippine partner will also be able to rely on Filmbase's leading technology in the development and production of optical materials to optimize its product mix and enhance its market competitiveness, achieving a win-win situation.

This strategic cooperation is another example of cooperation between China and the Philippines in the field of high-tech materials. In the future, Filmbase will continue to work together with its global partners, integrate advantageous resources, promote the innovation and application of optical technology, bring better products and solutions to the global market, and jointly lead the optical materials industry towards a smarter and more sustainable future.