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 02, 2021
Published by Manila Bulletin
Cirtek Holdings Philippines Corporation (TECH) has set the size of its ongoing public offering of its preferred shares to a maximum of P2.5 billion.
The firm said in a disclosure to the Philippine Stock Exchange that it has started the primary offering of up to 50 million cumulative, non-participating, non-voting, non-convertible perpetual and redeemable peso-denominated Preferred Class B-2 Shares at an offer price of P50.00 per share.
The final offer structure consists of P1.5 billion in aggregate issue value, consisting of up to 30 million Preferred Class B-2 Sha...
Read moreSep 16, 2020
Cirtek Holdings Philippines Inc. said US-based subsidiary Quintel bagged a telecommunications contract
Read moreOct 28, 2021
Published by Manila Times
THE Securities and Exchange Commission (SEC) has cleared the P3.5-billion preferred shares offering of tech manufacturer, Cirtek Holdings Philippines Corp.
The commission on Wednesday said it has approved Cirtek's registration statement in its meeting on October 26.
The registration statement covers 50 million preferred B-2 Subseries C and D shares priced at P50 apiece, with an oversubscription option of up to 20 million shares.
Cirtek looks to raise up to P3.44 billion from the offer, which will refinance the company's existing debt, partially pay its maturing debt a...
Read more