Developing the Philippines’ engineering resources is the main priority of Cal-Comp Technology (Philippines), Inc., as it expands its operations in the country.
Cal-Comp Technology, which is backed by global tech conglomerate New Kinpo Group (NKG), aims to help improve the country's research and development (R&D) competitiveness.
Apart from expanding its workforce by hiring about 1,000 Filipino engineers, Cal-Comp Technology will also allocate around P800-million of the P6.77-billion public offer for R&D.
This, as the company works to develop further its innovations in artificial intelligence, robotics, smart-home appliances, and electronic beauty products with the help of local talents.
“We are hiring about a thousand more Filipino engineers to help us develop our products. Currently, our engineers are doing a great job at creating a custom-built program that allows our artificial intelligence and robotics technologies to utilize the Filipino language in receiving instructions and communicating with users,” Cal-Comp Technology and NKG CEO Simon Shen said.
Shen adds that HiMirror is just one of the many projects that will be engineered within the country, especially as the company targets to launch its own line of products to the domestic market.
Cal-Comp Technology currently employs about 10,000 Filipino workers in its plants at the Lima Technology Center in Lipa City, Batangas, and the First Philippine Industrial Park in Sto. Tomas, Batangas.
Contributing to global tech development
Cal-Comp Technology engineers will have access to NKG’s long-standing expertise in R&D and strong financial resources, while also contributing significantly to global tech development.
NKG, Cal-Comp Technology’s parent firm, is one of the top 10 electronic manufacturing services and original design manufacturing companies in the world.
Cal-Comp Technology’s supplies calculators, smart home appliances, external hard disk drives, and HDD printed circuit board assemblies to tech headliners, such as Casio, Toshiba, Texas Instruments, Citizen, and a leading UK-based smart home appliance brand.
To boost the needed support for the company’s expansion, Cal-Comp shares that is opening 5,000 jobs for employees who can fill operator, R&D, administration, and management positions.
“We are keen on contributing to the Philippines’ economic growth by harnessing local talent and reinforcing the country’s manufacturing strength. We believe that the hardworking nature of Filipinos, combined with their excellent language capabilities, is a factor that will contribute to Cal-Comp’s greater success not just in the region but globally,” Shen said.
Cal-Comp Technology targets to be publicly listed by the fourth quarter of the year, despite prevailing market conditions.
Shen maintains that the ongoing trade war between US and China spell an opportune time for the company to further bank on the Philippines. The company also benefits from the current peso performance due to its export-oriented business model.
NOTE: BrandNews articles are promotional features from our sponsors and not news articles from our editorial staff.