Saturday, May 4, 2024

Japan tech firm puts in $20M to expand Clark facility

Japanese-owned SMK Electronics Philippines Corporation has poured in $20 million worth of investments for expansion of its operations inside Clark Freeport.

Credit: www.smk.co.jp

?SMK is leasing an additional land area of 3,068 square meters. This would double its current output of electronic products and components once it becomes fully operational in the next five years and bring its workforce to more than 3,500 employees,? Clark Development Corporation president Arthur Tugade said.

The company is a known supplier of touch panels, universal remote controls, and IR receivers/blasters for consumer electronic products such as ATM machines, cellphones, copiers, car navigation systems, electronic dictionaries, and other gadgets.

It first opened operations in Clark in 2001 with 190 employees and expanded to 1,200 workers three years later.

At present, SMK is one of the leading exporters in the freeport and has been increasing its export volume by 25 percent.

In 2010, the firm inked a partnership with the College of Engineering of Holy Angel University wherein its top graduates are given a three-year technical training in its factory in Toyoma, Japan.

?More than the touch panels you make in Clark, we would like you to know that your company is making an even greater touch on the lives of many, with the jobs you create, with the livelihood you offer,? Tugade told SMK officials. — Rosa Bianca R. Pamintuan, PIA-3

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