Recent #Factory Closure news in the semiconductor industry

6 months ago

➀ Microchip Technology is planning to close a factory in Tempe, Arizona, impacting approximately 500 employees;

➁ The closure is due to high inventory levels and the company's ability to expand capacity in other factories;

➂ The company's CEO has retired, with the board chair stepping in as interim CEO and President.

Factory ClosureMicrochip
7 months ago

➀ Sanke Electric announced the closure of its滋贺工厂 due to damage from the 2024 January earthquake in Noto Peninsula;

➁ The closure is because the factory facilities are difficult to use after the earthquake;

➂ The production of the滋贺工厂 will be transferred to other Sanke Electric factories and overseas production bases by the end of April 2026.

Factory Closuresemiconductor industry
10 months ago
➀ Konica Minolta announced the closure of its Jiangsu factory by the first half of 2025, affecting approximately 1400 employees. ➁ The closure is part of a structural reform to enhance profitability amidst financial struggles from its healthcare business. ➂ The company plans to find buyers for the factory's buildings and land, while its Guangdong factory will continue operations.
Factory ClosureKonica MinoltaStructural Reform