Cirtek expects electronics, IT sales to grow 35% this year
Cirtek Holdings Philippines Corp., a Laguna-based electronics manufacturer, said it expects sales to accelerate 35 percent this year, as it plans to introduce new products.
Cirtek said in a disclosure to the stock exchange unit Cirtek Electronics Corp. expected to introduce at least four products in 2016, while Cirtek Advanced Technologies and Solutions would launch six products in the first half.
Cirtek said it intended to win new customers by strengthening global sales presence and was evaluating acquisition opportunities that would either significantly scale up manufacturing operations or give it access to high-end research and development capabilities.
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