Cirtek Holdings Philippines Corporation
0.07
USD
+0.01
(+16.67%)
ISIN
PHY1633U1171
CUSIP
Y1633U117
Return %
Stock
S&P 500
1Y
40.00
14.20
3Y
-91.03
81.12
5Y
-93.00
68.34
Capital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Antonio S. Callueng
- Full Time Employees
- 1,374
- Sector
- Electronic technology
- Industry
- Semiconductors
- Address
- Binan Philippines
- IPO Date
- Nov 8, 2011
- Website
- cirtekholdings.com
- Similar Companies
- Business
- Cirtek Holdings Philippines Corporation is a fully integrated global technology company that provides outsourced semiconductor assembly, test, and packaging (OSAT) services as well as turnkey manufacturing solutions for high-frequency wireless communications, automotive electronics, and industrial hardware. Founded in 1984 and headquartered in Biñan City, Laguna, Philippines, the company operates primarily through its operating subsidiaries, including Cirtek Electronics Corporation (CEC) and Cirtek Advanced Technologies and Solutions, Inc. (CATSI). The corporation serves original equipment manufacturers (OEMs) and original design manufacturers (ODMs) across Asia, North America, and Europe through advanced manufacturing facilities located within the Laguna Technopark Special Economic Zone. The company's core products and services encompass comprehensive semiconductor assembly, test, and packaging services, including package design and simulation, wafer probing, wafer back-grinding, surface-mount technology packaging, and automated final testing for custom and application-specific integrated circuits (ASICs); transient voltage protection and circuit protection devices designed to safeguard electronics against power surges; precision sensing and timing components, such as automotive ambient light sensors and precision real-time clock modules; power control and optoelectronic products, including voltage-controlled oscillators, opto-relays, and power management ICs; and advanced radio frequency (RF), microwave, and millimeter-wave communication hardware, featuring high-frequency transceiver modules, power amplifiers, filtering equipment, and full box-build system integration for 5G wireless infrastructure, satellite communications, aerospace, defense, and enterprise networking. In recent strategic developments, Cirtek Holdings Philippines Corporation entered into an agreement to divest substantially all operating assets of its U.S.-based antenna subsidiary, Quintel USA Inc., to John Mezzalingua Associates LLC (JMA) for approximately 5.3 million US dollars, marking a decisive strategic shift to streamline its corporate footprint and bolster balance sheet liquidity. Concurrently, the corporation has refocused its capital allocation and engineering resources on expanding high-margin OSAT activities and specialized RF/microwave box-build manufacturing. Operationally, subsidiary CATSI secured top supplier recognition from Analog Devices Inc. for contract manufacturing excellence, while the parent company reorganized its board of directors and executive governance to adapt to global semiconductor market cycles.