Published by Manila Standard
Analog Devices Inc. (ADI), an American multinational semiconductor company specializing in data conversion, signal processing and power management technology, recognized Cirtek Advanced Technologies and Solutions Inc. (CATSI) as the No. 1 contract manufacturer worldwide for the evaluation boards product line (EBPL) for the fourth quarter of 2024.
CATSI previously held the No. 3 position in the first quarter and second quarter of the year while inching up to No. 2 at the end of third quarter 2024.
The EBPL is an essential business unit of ADI that allows the company to market their analog, mixed signal and digital signal processing (DSP) integrated circuits (ICs) to electronic design companies.
These technologies are used to convert, condition and process real-world phenomena, such as light, sound, temperature, motion and pressure into electrical signals.
CATSI, the system and subsystem manufacturer of millimeter wave and microwave products and a total manufacturing solutions partner for telecommunications, satellite communications, semiconductor test boards, industrial, automotive and EV mobility equipment continue to see increase demands for radio frequency (RF) evaluation boards.
CATSI said growth is expected to continue in 2025. CATSI is a wholly owned subsidiary of Cirtek Holdings Philippines Corp.
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By Maria Romero Tribune PH
Laguna-based Cirtek Holding Philippines Corporation has secured approval from the Philippine Stock Exchange (PSE) for its stock rights offer (SRO) with bonus detachable warrants.
In a regulatory filing on Wednesday, Cirtek said it has also set its final offer price at P5.50 per Entitlement Right and final Exercise Price at P5.50 for the bonus detachable warrants.
The company intends to list 249 million common shares or right shares and another 249 million bonus detachable warrants with 249 million underlying common shares.
Investors who hold common shares of the comp...
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Cirtek Electronics Corp. expects sales production to increase by 20% after securing contracts from two major tier 1 customers.
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