Published by The Daily Tribune
Analog Devices, Inc. (ADI), the American multinational semiconductor company, has recognized Cirtek Advanced Technologies and Solutions Inc. (CATSI) as the leading contract manufacturer for its Evaluation Boards Product Line for the fourth quarter of last year.
CATSI, which previously held the third position during the first and second quarters, steadily climbed to become the second-ranked manufacturer by the end of the third quarter of 2024.
The Evaluation Board Product Line is a crucial business unit for ADI, enabling the company to showcase its analog, mixed-signal, and digital signal processing (DSP) Integrated Circuits (ICs) to electronic design firms.
These ICs are used to convert, condition, and process real-world phenomena, such as light, sound, temperature, motion, and pressure into electrical signals.
CATSI, a subsidiary of Cirtek Holdings Philippines Corp., has been recognized for its expertise in system and subsystem manufacturing, particularly for Millimeter Wave and Microwave products.
The company has seen rising demand for Radio Frequency (RF) Evaluation Boards designed for 5G applications, as well as Battery Monitoring Systems for the expanding Electric Vehicle market.
With these growing demands, CATSI expects further growth into 2025.
Read more at: https://tribune.net.ph/2025/01/14/cirtek-unit-named-bestcontract-manufacturer
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Dec 03, 2021
Published by Malaya
Cirtek Holdings Philippines Corp. expects to raise P2.5 billion from its ongoing preferred share sale.
It was earlier looking at a P3.5 billion fund raising.
The company said it is now selling 50 million of its preferred shares at an offer price of P50 apiece from an earlier 70 million, divided into an initial 30 million and another 20 million covering the oversubscription option.
The preferred shares that will have a series of TCB2C for the Preferred Class B-2 Subseries C and CB2D for the Preferred Class B-2 Subseries D will have a dividend rate of 6.5864 percent for TCB2C...
Read moreJan 13, 2021
Cirtek Holdings Philippines Corp. said Wednesday it received a credit rating of PRS A (corp.)
Read moreOct 27, 2021
Published by Manila Standard
The Securities and Exchange Commission said Wednesday it approved the P3.5-billion preferred shares offering of semiconductor manufacturer Cirtek Holdings Philippines Corp. Cirtek was allowed to register and offer up to 50 million preferred shares at a price of P50 apiece, with an oversubscription option for another 20 million preferred shares. The company has yet to set the dividend rate for the preferred shares. The preferred shares will be listed and traded on the main board of the Philippine Stock Exchange. Cirtek will use the net proceeds from the offering wil...
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