SEEING opportunity in the rapid growth of Wi-Fi as the default content access medium, local electronic manufacturing firm Cirtek Holdings Philippines Corp. announced that it has invested in CloudMondo, a Silicon Valley-based Wi-Fi enabler start-up company.
In a disclosure to the Philippine Stock Exchange (PSE) on Monday, Cirtek, which trades as TECH on the stock exchange, said it will manufacture and supply millimeter wave radios in the 60-80 gigahertz (GHz) spectrum to Cloudmondo.
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