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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Oct 29, 2021
Published by Philstar
MANILA, Philippines — The Securities and Exchange Commission (SEC) has approved the public offering by Cirtek Holdings Philippines Corp. of up to P3.5 billion worth of preferred shares.
In a meeting on Oct. 26, the SEC approved the registration statement of Cirtek covering 50 million preferred B-2 Subseries C and D shares at a price of P50 per share, with an oversubscription option of up to 20 million preferred shares.
The listed tech manufacturer expects to net P3.44 billion from the offer, assuming the oversubscription option is fully exercised, proceeds of which will ...
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