Solid Group Inc logo — Expanding Horizons, Embracing Innovation

Solid Group Inc

Expanding Horizons, Embracing Innovation

Founded 1933 17 employees

General Information

Company Name Solid Group Inc
Founded Year 1933
Employees 17
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About Solid Group Inc

Solid Group Inc. (SGI) is a publicly listed holding company with diversified operations in distribution, real estate, support services, and investments. Originally founded in 1933 as United Paracale Mining Corporation, the company has evolved significantly over the years. SGI was officially listed on the Philippine Stocks Exchange in 1996 and has since expanded its portfolio.

From 1996 to 2002, SGI was engaged in manufacturing color televisions and distributing consumer audio and video products. However, changes in the business environment led to the phase-out of these operations. The company then focused on support services in the consumer durables industry and later expanded into after-sales service, logistics, and consumer financing. SGI has also ventured into professional equipment sales and servicing, particularly in the broadcast and institutional sectors.

In the early 2000s, SGI invested in the broadband industry and built an extensive hybrid fiber and coaxial cable infrastructure in Metro Manila. The company sold this broadband and cable infrastructure in 2012, realizing significant gains and shifting its focus to the mobile digital business.

SGI's real estate endeavors include high-rise condominium projects, office building developments, and budget hotels. The company also delved back into consumer electronics by marketing its own brand of mobile phones, 'my׀phone', which has proven to be a flagship venture in terms of revenues and market presence.

In 2011, SGI introduced 'my׀house', a brand of Modular Technology structures, offering innovative solutions for building various structures efficiently. Additionally, the company launched Green Sun in Makati, a multi-faceted venue that includes a boutique hotel and dynamic event spaces.

Throughout its history, SGI has consistently maintained a strong financial position, enabling it to invest in new ventures while remaining open to opportunities that promise value enhancement for its stakeholders.

Taxonomy: publicly listed holding company, diversified operations, consumer electronics, real estate development, broadband infrastructure, modular technology, mobile devices, professional equipment, support services, investment, Philippine market, technology ventures, financial stability, market expansion, strategic investments

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FAQ About Solid Group Inc

Expanding Horizons, Embracing Innovation
Solid Group Inc was founded in 1933.
Solid Group Inc has approximately 17 employees.

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