Fastech launches Engineering scholarships during its 35th Anniversary
Fastech Synergy Philippines Inc. kicked off its 35th Anniversary with a Fellowship Golf Tournament designed to raise funds for its scholarship programs. The tournament was held last June 4, 2018 at Sta. Elena Golf & Country Club, in Cabuyao, Laguna. Over 170 players from 60 companies across the electronics industry supported the event.
Fastech, a leading Philippine semiconductor manufacturing company, has grown over the last 35 years by focusing on its passion for manufacturing excellence. The company remains committed to providing highly proficient technical labor for complex engineered products.
As part of its continuing commitment and community involvement, Fastech has supported various scholarship programs through the years. In 1995, the company partnered with Polytechnic University of the Philippines (PUP) to launch a scholarship program in Engineering for 80 scholars. This year, Fastech is launching a scholarship program for undergraduate engineering that will see a total of 40 scholars over the next four years. It is also launching a scholarship for graduate studies in partnership with Ateneo de Manila University (ADMU) that will provide a Master’s Degree in Electrical and Computer Engineering (Major in Very Large-Scale Integration Design). In total, Fastech is investing more than P10 million pesos over the next 4 years for its scholarship programs.
The company sees its scholarship programs as a great opportunity to strengthen the science and technology base of the country's education system. Electronic products continue to be the country’s top export earner, valued at $2.58 billion representing a 55.4 percent share of the total exports revenue as of February 2018 (psa.gov.ph). Given this, Fastech sees there is a great need to develop new engineers and talent that will be able to support the country’s electronics industry.
With the support of its partners, colleagues, and sponsors, all the proceeds raised during the Fastech 35th Anniversary Fellowship Golf Tournament will go toward the scholarship programs the company is launching this year.
As part of its 35th yearlong celebration, Fastech is scheduled to hold a Partners and Suppliers Appreciation Day and Thanksgiving Celebration on September 20, 2018 at the Palms Country Club, Alabang, Muntinlupa.