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Business

BOI okays incentives for PC radiator project

- Marianne V. Go -
The Board of Investments (BOI) has granted its incentive package to HWLabs Performance Systems’ innovative P5-million water-cooled radiator for personal computers (PC) as a pioneering project.

HWLabs, a Filipino company, will manufacture the Black Ice PC Radiator series, which is the first of its kind in the market.

The PC radiators will provide PC users an easy, safe and professional means of implementing a high performance PC water-cooling solution.

The PC desktop radiators will initially be exported to Japan, Europe and United States.

One of the unique features of the Black Ice PC Radiator series is its optimized core design for minimal airflow and low noise.

Its compact size allows it to fit in most computer cases and supports single or dual 80- or 120-mm fans.

Majority of PC cooling applications relies on conventional air-cooling, but the demand for more stable and higher performance computing requires a more robust method of removing heat from the CPU (central processing unit), the PC’s "brains."

HWLabs invented the water cooled PC radiator with claims it will greatly reduce heat inside the PC as compared to the conventional cooling system.

HWLabs CEO and president Wilbert Yuque acknowledged the BOI approval and said the company "is humbled by the support and recognition given by the BOI to fledgling industries such as ours."

"With their (BOI) support, we are confident in seeing this project to fruition in ensuring Filipino businesses enter the world market at their best," Yuque said.

Trade Undersecretary and BOI managing head Elmer C. Hernandez said that the BOI recognizes innovation by Filipino industries and extends all due assistance to companies such as HWLabs.

The BOI is granting pioneer status to the Black Ice PC Radiator series considering that this will be the first PC desktop radiator that will be produced in the country.

Trade and Industry Secretary Peter B. Favila is encouraging companies to spend part of their budget for research and development to produce goods that are needed by the local and international markets.

"The government supports the R&D activities of firms through the Investment Priorities Plan by giving incentives to firms that will develop innovative products. Moreover, we hope that these homegrown products will be a hit in the international market which in turn, will help boost the government’s exports program," Favila said.

vuukle comment

BLACK ICE

BOARD OF INVESTMENTS

BOI

ELMER C

EUROPE AND UNITED STATES

FAVILA

INVESTMENT PRIORITIES PLAN

PERFORMANCE SYSTEMS

TRADE AND INDUSTRY SECRETARY PETER B

TRADE UNDERSECRETARY

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