Clark Freeport, Pampanga - A soon-to-rise manufacturing facility, here, is expected to offer jobs for hundreds of residents of Clark Development Corporation (CDC) Arthur Tugade announced Thursday, Korean firm Sambon Precision and Electronics Co. Ltd. has already poured in an initial $3 million (around P120 million) worth of investment after the formal signing of a lease agreement between company President Joontalk Jang and Tugade, Sambon said that its firm manufacturers electronic components such as speakers, earphones and headphones and will likely set up its facility on Claro M. Rector Highway, here. "The facility will begin manufacturing audio components by July or August this year and shall initially hire 100 workers," Tugade said.

Source: Manila Bulletin - January 11, 2014