PCI Private Limited
| |||
| Private | |||
| Industry | Electronics Manufacturing Services | ||
| Founded | 1972 | ||
| Headquarters | Singapore,Singapore,Singapore , Singapore | ||
Key people |
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Number of employees | 2,814 (2019) | ||
| Parent | Platinum Equity | ||
| Website | Official website | ||
PCI Private Limited ("PCI") is an electronics manufacturing services (EMS) provider for original equipment manufacturers (OEM). Its corporate headquarter is located in Singapore and has support offices in China, Indonesia, Philippines and the United States, totaling about 2,814 employees worldwide. It has two manufacturing locations located in Batam, Indonesia and Kunshan, China. Platinum Equity, LLC acquired PCI from Chuan Hup Holdings for S$264.8 million (approx. US$197 million) in 2019[1].
History
The company was founded in 1972 in Silicon Valley, San Jose when it started out as a printed circuit board manufacturer. It set up its first Liquid-crystal display manufacturing division in Singapore in 1975, followed by a contract manufacturing division in 1978. The manufacturing operations was then relocated to Indonesia in 1990. PCI was listed on the then SESDAQ of the Singapore Exchange Securities Trading Limited (“SGX-ST”) in 1992 and was later transferred to the mainboard of the SGX-ST in 1995. It was delisted from the Singapore Exchange on 10 May 2019 when it was acquired by Platinum Equity, LLC, and was privatized and renamed to PCI Private Limited. PCI established its advanced engineering capability from 1998 to 2000 where it subsequently expanded its manufacturing operations to an additional factory in China. In 2018, it set up its first radio frequency antenna testing facility in Singapore.
Enhanced Contact-tracing in Singapore’s COVID-19 fight
PCI was one of two bidders who were awarded contracts by Government Technology Agency (GovTech) to design and manufacture COVID-19 pandemic contact-tracing device called TraceTogether Tokens. It provided the initial 300,000 tokens distributed to vulnerable seniors in late June 2020, followed by subsequent high-volume productions[2][3]. The solution was designed and brought to market in eight weeks. The TraceTogether token exchanges signals with other TraceTogether tokens or mobile app using Bluetooth. The exchanged data is encrypted and is stored in the device for up to 25 days before deletion[4]. The device is designed to be waterproof and has a battery life of about six months. It has no physical buttons but a green/red light indicator for battery life, and/or to indicate a fault[5]. The device has no Global Positioning System (GPS) functionality, and access to the data is restricted to authorized civil service[6]
References
- ↑ Mui, Rachel (2019-04-02). "PCI shareholders approve Platinum's S$265m acquisition at S$1.33/share". The Business Times. Retrieved 2020-11-11.
- ↑ "TraceTogether Token Limited Tender Award: Media Statement". www.tech.gov.sg. Retrieved 2020-11-11.
- ↑ Staff, Reuters (2020-06-12). "Local electronics firm PCI to make Singapore's virus-tracing device". Reuters. Retrieved 2020-11-11.
{{cite news}}:|first=has generic name (help) - ↑ "TraceTogether". www.tracetogether.gov.sg. Retrieved 2020-11-11.
- ↑ "How will I know if the Token is functioning? What happens if my Token is not working?". TraceTogether FAQs. Retrieved 2020-11-11.
- ↑ "TraceTogether". www.tracetogether.gov.sg. Retrieved 2020-11-11.
External links
This article "PCI Private Limited" is from Wikipedia. The list of its authors can be seen in its historical. Articles taken from Draft Namespace on Wikipedia could be accessed on Wikipedia's Draft Namespace.