What were the reasons for Miguel Lopez de Lagazpi's conquest of the archipelago?

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The reason was to secure control of the Philippine archipelago under the Spanish flag. Although the Philippine archipelago was discovered by Ferdinand Magellan in 1521, no European settlements was made there. So, in 1564, Luis de Velasco, the viceroy of New Spain, sent Legazpi to claim it. He left Acapulco with five ships and reached Cebu, one of the southern islands of the archipelago, in April 1565, founding the first Spanish settlement on the site of modern Cebu City.

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