Brussels, 10/07/2001 (Agence Europe) - The European Investment Bank (EIB) has decided to grant a loan of EUR 93 million in favour of Philips Semiconductors Philippines Inc. (PSPI, a fully-owned subsidiary of Koninklijke Philips Electronics NV, the parent company of the Philips group) for the construction of the second integrated circuits assembly and test facility in Calamba, in the Philippines. The project covers the extension of the current production site and will more than double the...