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Business

Telco, broadband equipment maker eyes expansion

Louella Desiderio - The Philippine Star
Telco, broadband equipment maker eyes expansion
In a statement yesterday, the Board of Investments said Sercomm Philippines recently saw its production of networking and broadband equipment reach 10 million units.
BusinessWorld / File

MANILA, Philippines — Telecommunications and broadband equipment manufacturer Sercomm Philippines, which has achieved a production milestone of 10 million units of networking devices, is looking to expand operations.

In a statement yesterday, the Board of Investments (BOI) said Sercomm Philippines recently saw its production of networking and broadband equipment reach 10 million units.

Since starting operations in Carmelray Industrial Park 1 in Calamba, Laguna in 2019, the firm has invested $45 million in the country.

“We are very proud to have achieved the production milestone in such a short time, especially during this unprecedented time. Sercomm Philippines has become a crucial portion of Sercomm’s global operations,” Sercomm chief executive officer James Wang said.

“We plan to continuously expand our operations to support future business growth in the local and global markets,” he said further.

Sercomm Philippines’ parent company Sercomm, is a leading manufacturer of telecoms and broadband equipment in the world with $1.27 billion worth of revenues last year.

Headquartered in Taipei in Taiwan, Sercomm employs thousands of people around the world, with 2,000 employees in the Philippine manufacturing facility.

Sercomm, which is engaged in developing embedded solutions to make networking simple and affordable, operates in markets in North and Central America, Europe, and the Asia Pacific, and has the world’s top service providers, networking original equipment manufacturers, and system integrators as customers.

In the Philippines, the firm uses state-of-the-art manufacturing processes to produce high-quality products and is considered a professional CPE (consumer premise equipment) manufacturing site with cutting-edge automation facilities specializing in wireless devices.

“The company is at the forefront among Taiwanese companies that have decided to establish their manufacturing bases to the Philippines, growing rapidly in the past two years since inception. This is an excellent example for other companies still considering to make the Philippines their second home. We are very pleased that the Philippines has played a major role in the company’s stellar performance,” Trade Secretary and BOI chairman Ramon Lopez said.

Trade Undersecretary and BOI managing head Ceferino Rodolfo said Sercomm’s decision to put up a Philippine facility has played a major part in its global operations.

“Recognizing the opportunities then and the ability to meet global demand by strategically growing their capabilities in the Philippines in support of their global supply chain in a relatively short period has certainly contributed to these milestones,” he said.

The BOI is hopeful the country could attract more manufacturing firms to set up shop in the Philippines following the recent signing of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act.

“With the signing into law of the CREATE Act, which will provide enhanced incentives that can position the Philippines competitively alongside other Asian countries vying for investments, we expect more manufacturing companies to follow the positive experience and success of Sercomm,” Rodolfo said.

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