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January 30, 2020

Delayed Resumption of Work in the People’s Republic of China Due to n-CoV Outbreak

January 30, 2020, Laguna, Philippines — Integrated Micro-Electronics, Inc. (IMI) announced that the company has delayed resumption of work in selected China manufacturing facilities in conformance with local government notices regarding the outbreak of the Novel Coronavirus (n-CoV).

The provincial government units concerned, in accordance with the Emergency Response Law and Infectious Disease Prevention and Control Law of the People’s Republic of China, extended the holidays to ensure the implementation of measures and response requirements and further strengthen the control of the n-CoV.

The manufacturing sites affected by these advisories are as follows:

IMI Site                                                                 Location                                   Province                     Earliest Resumption Date

IMI Technology (Shenzhen) Co. Ltd.                Pingshan Kuichong                Guandong                February 10, 2020

Speedy -Tech Electronics (Jiaxing) Co. Ltd.     Jiaxing                                      Zhejiang                    February 10, 2020

IMI (Chengdu) Ltd.                                             Chengdu                                 Sichuan                      February 10, 2020

VIA Optronics (Suzhou) Co. Ltd.                      Suzhou                                     Jiangsu                     February 9, 2020             

IMI is developing contingency plans to recover production backlogs as a result of these suspensions including among others, the temporary transfer of production activities for some customers to other IMI manufacturing plants. Management is communicating with local government offices regarding the possibility of resuming production earlier than the mandated dates at reduced production capacity.

The company is implementing guidelines to address and manage employees who manifest symptoms associated with the coronavirus. Business trips to and from high risk regions have been deferred. IMI remains vigilant and will ensure that all employees have a healthy and safe work environment.

IMI is currently assessing the extent of the impact of such outbreak on its operational and financial performance.

About IMI

Integrated Micro-Electronics Inc. (IMI), the manufacturing arm of AC Industrial Technology Holdings, Inc., a wholly-owned subsidiary of Ayala Corporation, is among the leading global manufacturing solutions expert in the world.  IMI now ranks 17th in the list of top 50 EMS providers in the world by the Manufacturing Market Insider (March 2019 edition), based on 2018 revenues. In the automotive market, it is the 5th largest EMS provider in the world per New Venture Research. 

IMI specializes in highly reliable and quality electronics for long product life cycle segments such as automotive, industrial electronics and more recently, the aerospace market.

From its 21 manufacturing plants across ten different countries, IMI provides engineering, manufacturing, and support and fulfillment capabilities to diverse industries globally.

For more information, visit www.global-imi.com.

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