President Ferdinand R. Marcos Jr. welcomed on Tuesday the Analog Devices, Inc.’s (ADI) Research and Development (R&D) expansion plans in the Philippines as he thanked the company’s continued trust and investments in the country.
The President also affirmed the support of his administration to ADI’s endeavors during a meeting with company officials at the Blair House in Washington DC.
The semiconductor company announced its USD 200-million investment in a new R&D facility to add to its LEED certified production facility at the Gateway Business Park in Cavite.
During the meeting, President Marcos asked company officials how they would proceed in the future beyond the R&D facility that they are planning in the Philippines.
An ADI official said the company would continue to decide on the manufacturing aspects and change the manufacturing operation to focus more on current technology.
“So rather than the more basic stuff that may have been done 15, 20 years ago, we have continued to increase the level of technology that’s been introduced since the planning,” the official told the President.
“So today you hear about 300 mm wafers, 12-inch wafers, in there. Well, those wafers now come down and we are setting up a 300-mm Center of Excellence in Cavite, which is doing all of the wafer programs and associated with our products.”
These are some of the most advanced technology products that come in, get tested and processed at ADI’s Cavite plant, the official said, adding the company has moved at all stages to the technology part, both from development and manufacturing perspectives.
Established in 1965, ADI is a global semiconductor leader using Intelligent Edge. It combines analog, digital, and software technologies into solutions that help drive advancements in digitized factories, mobility and digital healthcare, combat climate change, and reliably connect humans and the world.
In August 2021, ADI announced the completion of its acquisition of Maxim Integrated Products, Inc., strengthening its position as a high-performance analog semiconductor company with trailing 12-month revenue of over USD 9 billion, industry leading margins, and free cash flow of over USD 3 billion on a pro forma basis.
ADI’s Philippine counterpart, Analog Devices General Trias, Inc. (ADGTI), engages in the manufacture, assembly, semi-conductor devices testing and dice inspection.
ADGTI is registered with the Philippine Economic Zone Authority (PEZA) and is located at the Gateway Business Park – Special Economic Zone in General Trias City, Cavite province.
As of 2022, ADGTI has 5,252 employees, with a total of USD 394.39 million worth of exports for the same year.
ADGTI is also carrying out the ADI University Program in the Philippines, which is comprised of different activities in providing engineering students with the opportunity to further develop the theory and application of analog circuit design.
It will now acquire the Philippine counterparts of Maxim – Maxim Philippines Operating Corp., as a result of the global ADI’s USD 20.8 billion acquisition of Maxim Integrated Products, Inc.
The acquisition made ADI one of the global industry leaders in IC electronics. #