IMI down from 4 to just 1 factory in China

MANILA, Philippines — Integrated Micro-Electronics Inc. (IMI), the listed semiconductors and electronics manufacturing arm of the Ayala Group, has consolidated its China operations and shuttered its Kuichong facility to further cut losses and return to profitability.

In a regulatory filing on Wednesday, IMI said it would integrate operations into its Pingshan facility over the coming weeks after

https://business.inquirer.net/550283/imi-down-from-4-to-just-1-factory-in-china

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