US firm considering Japan plant relocation

Philippians' Trade Undersecretary Cristino L. Panlilio told local reporters that the deal would involve a $300 million dollar investment and that a decision on the investment was likely to made within a month. If the deal goes through, the company would make an initial investment of $70 million that would increase to $300 million after two years. Panillio did not identify the company but said that it was the second largest manufacturer of computer accessories in the world.