Fastech Synergy Philippines Inc. began its celebration for its 40th Anniversary with a Fellowship Golf Tournament- a fundraising event for the company’s Scholarship Programs. The tournament was held last May 29, 2023 at Sta. Elena Golf & Country Club, Cabuyao, Laguna. Over 170 players from more than 50 companies across the electronics industry supported the event.
Fastech, a leading Philippine semiconductor manufacturing company has grown over the last 40 years by focusing on its passion for manufacturing excellence. The company remains committed to providing a highly proficient technical workforce for complex engineered products.
Through the years, Fastech has supported various scholarship programs because the company sees its scholarship programs as a great opportunity to assist in the strengthening of the science and technology base of the country. In 1995, Fastech started a scholarship program in partnership with Polytechnic University of the Philippines with 80 pioneer scholars. The company’s most recent program was in 2018 when it sponsored a scholarship program in partnership with Ateneo De Manila University and FAITH Colleges.
For its 40th Anniversary Celebration, the company is renewing its commitment to education & community involvement. Fastech is expanding its scholarship programs in partnership with Batangas State University (BSU) – the National Engineering University of the Philippines, FAITH Colleges, and University of Cabuyao. In addition to that, the company will also revitalize and continue its employee academic support programs.
For the next 5 years, Fastech will be donating approximately PHP 15 million in scholarships for students in senior high school, undergraduate, and taking up master’s degrees from all three partner educational institutions. Scholars will receive either financial support grants or research grants. Aside from these, the company would also be supporting undergraduate scholarship grants with FAITH Colleges that will cover the cost of the students’ Engineering degree program until they graduate.
In conjunction with supporting students, the company will also support Faculty Development Programs. Fastech will be sending faculty members from FAITH Colleges and University of Cabuyao to study at the Batangas State University under the Masteral and PhD program in Electronics Engineering. The company will also be collaborating with these partner institutions to further develop a curriculum that is more aligned and addresses the current industry needs and requirements.
Fastech also continues to work with Manuel S. Enverga University Foundation (MSEUF) for the company’s Expanded Tertiary Education Equivalency and Accreditation Program (ETEEAP) – a program which aims to give its employees a professional development opportunity to enhance their skills. The company will send a number of its employees to receive equivalency for academic degree in their specific expertise in the field of engineering.
In addition to this, the company is also renewing its financial scholarship program for children of employees as well.
Fastech remains committed to developing talent through education. The scholarship grants, training, and other educational programs are its investment for the future. And with the support of its partners, colleagues, and sponsors, all the proceeds raised during the Fastech’s Anniversary Fellowship Golf Tournament will go toward funding these endeavors.
As part of the company’s yearlong celebration, Fastech is also scheduled to hold a Partners and Suppliers Appreciation Day and Thanksgiving Celebration on June 29, 2023 at the Bellevue Manila, Alabang, Muntinlupa.
Fastech Synergy Philippines is a Philippine technology company that was established in 1983. The company originally started as Circuit Packaging Inc., and was later renamed Fastech. The company experienced rapid growth in its early years and eventually became a listed company in the Singapore Stock Exchange in 1999. Today, Fastech is a non-listed public technology company involved in Electronics Manufacturing Technology.
Fastech is recognized for its leading-edge knowhow in niche power semiconductor components, with expertise in using Silicon Carbide, and Gallium Nitride, and RF/Microwave modules. To learn more about Fastech you may visit its website at www.fastechsynergy.com.
Fastech is a member of Team First Asia, a group of companies established under First Asia Venture Capital Inc.,with interests in different industries such as, property development & management, freight forwarding, electronics manufacturing, aviation, hotel management, education, and educational publishing.”