Cirtek experiencing surge in medical chips orders

Published April 19, 2020, 12:00 AM

by manilabulletin_admin


While most businesses are suffering from the COVID-19 pandemic, Cirtek Holdings Philippines Corporation, through its wholly owned semiconductor arm Cirtek Electronics Corporation, is experiencing a surge in product orders.

In a disclosure to the Philippine Stock Exchange, Cirtek said these orders are for medical chips supplied to medical equipment end customers globally.

In view of the recent manifestation of COVID-19 around the world, it is critical for hospitals to have enough medical equipment to save lives, flatten the curve, prevent further spread of the virus and control the pandemic.

According to Cirtek Vice Chairman Jorge Aguilar, Cirtek is tapped by several of its customers for chips used in medical equipment desperately needed all over the world.

Cirtek’s medical chips are used in applications such as ventilators, CT scanners, defibrillators, ultrasounds, blood glucose, thermal scanners and oxygen level monitors.

Cirtek is to produce 1 million chips per week for these devices that are in urgent demand which medical practitioners rely on as they cannot function without key parts manufactured by Cirtek in its Laguna Technopark facility.

In line with Cirtek’s social responsibility, it is stepping up beyond its call of duty to exert more effort in curbing down the global pandemic.

Cirtek has donated hundreds of thousands worth of Personal Protective Equipment (PPE) to various hospitals locally.

The company remains operational with a work schedule of 24 hours a day 6 days a week to keep up with the pace in global demand.

“We have the responsibility to prioritize products used in the front lines and do our part in this fight to save lives,” said Aguilar.

In the background, Cirtek’s telecom base station antenna equipment maker, Quintel USA, Inc. is also experiencing a surge in antenna demand as the global lockdown and work from home policies have shifted growth to massive data demand.

Cirtek and its subsidiaries worldwide remain COVID-19 free while adhering to local government policies and measures in ensuring business continuity.