MANILA, Philippines — Integrated Micro-Electronics Inc. (IMI), the listed semiconductors and electronics manufacturing arm of the Ayala Group, has shut down its Kuichong facility to consolidate its China business in a single location.
In a regulatory filing on Wednesday, IMI announced that final production activities at the Kuichong facility ended on Tuesday, September 30. The company is now in the process of integrating its operations to streamline its business in China.
https://business.inquirer.net/550065/imi-shutters-kuichong-facility-as-part-of-china-consolidation