5K jobs seen as Cal-Comp Technology expands in PH

LIPA CITY, Batangas — New Kinpo Group (NKG), through its Philippine subsidiary Cal-Comp Technology (Philippines), Inc. (Cal-Comp Technology), said it will hire 5,000 Filipinos in the next 12 to 18 months as it moves to expand its operation in the country.

The global technology conglomerate, which manufactures hard disk drives (HDD) for a global brand and smart appliances, among others, aims to double its workforce in the Philippines by 2020, as the country becomes NKG’s largest manufacturing hub in Southeast Asia.

Among the most in-demand posts are research and development engineers, operators, administration positions, and managers and executives.

NKG said that SEA is expected to continue outgrowing other regions in labor force due to lower labor costs and increasing talent.

“NKG is intent on expanding its manufacturing base in the Philippines through Cal-Comp Technology. The country’s deepening talent pool and Filipinos’ excellent language capabilities are key assets to a global operations like ours,” NKG and Cal-Comp Technology CEO Simon Shen said.

At present, Cal-Comp Technology employs a 10,000-strong workforce in its two local plants: the Lima Technology Center in Lipa City, Batangas, and the First Philippine Industrial Park in Sto. Tomas, Batangas.

Two more plants are set to be built, with one of them already operational by September this year. These new facilities will house the company’s fresh labor force.

Shen said Cal-Comp Technology is also developing its research and development (R&D) capabilities in the Philippines by increasing its local engineering division from over 140 engineers to close to a thousand.

“Filipino engineers will have access to NKG’s global design, strong R&D capabilities, stringent quality management, and strong financial resources to support their training,” Shen said. “On average, it takes three to five years to fully train a new engineer. It takes time, but we believe in Filipino talent, and we are eager to impart world-class training through our smart factory solutions, intelligent warehouse and automated guided vehicles, and intelligent machinery and robotics.”

To support this expansion and job creation in the Philippines, Cal-Comp Technology recently filed for a PHP6.77-billion initial public offering with the Securities and Exchange Commission.

Proceeds from the listing will be used for facilities expansion, acquisition of new equipment, and R&D. Cal-Comp Technology targets to debut in the local bourse before the end of the year. (PR/PNA)

Popular

Taal Lake site assessment yields sack containing ‘bones’ — DOJ

By Brian Campued The Department of Justice (DOJ) confirmed that authorities retrieved a sack containing burned remains believed to be human bones during the initial...

LTO integrates online driver’s license renewal system in eGovPH app

By Dean Aubrey Caratiquet The Land Transportation Office (LTO) has integrated the online driver’s license renewal in the eGovPH app, which ensures a fast and...

5 of 21 Filipinos in Houthi-hit ship in Red Sea rescued — DFA

By Joyce Ann L. Rocamora and Marita Moaje | Philippine News Agency Five of the 21 Filipino seafarers manning the cargo vessel Eternity C, which...

PBBM directs gov’t officials: Focus on work, avoid politicking

By Dean Aubrey Caratiquet At the Malacañang press briefing this Wednesday, July 9, Presidential Communications Office (PCO) Undersecretary and Palace Press officer Claire Castro reiterated...