Cirtek Holdings Philippines Corp. has experienced a global surge in product orders for chips supplied to medical equipment and customers due to the outbreak of the new coronavirus (COVID-19).
Cirtek vice chairman Jorge Aguilar said wholly-owned semiconductor unit Cirtek Electronics Corp. is being tapped by several customers for chips used in medical equipment that are desperately needed to save lives and prevent the further spread of the virus.
Cirtek’s medical chips are used in applications, such as ventilators, CT scanners, defibrillators, ultrasounds, blood glucose, thermal scanners and oxygen level monitors.
The company said it would produce 1 million chips a week for these devices that are in urgent demand. Medical practitioners rely cannot function without key parts manufactured by Cirtek in its Laguna Technopark facility.
To keep up with the increase in demand, the company said its manufacturing facility remains operational with a work schedule of 24 hours a day and six days a week.
Cirtek, meanwhile, is stepping up beyond its call of duty to exert more effort in curbing down the global pandemic.
The company said it donated hundreds of thousands of pesos worth of personal protective equipment to several local hospitals.
“We have the responsibility to prioritize products used in the front lines and do our part in this fight to save lives,” Aguilar said.
Cirtek said telecom-base station antenna equipment maker Quintel USA Inc. was also experiencing a surge in demand as the global lockdown and work from home policies 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.
Share price of Cirtek on Wednesday surged 12.8 percent to P6.86.
