Consolidate plans will inaugurate analogue manufacturing from Taiwan to China
Diodes Incorporated has announced plans to consolidate its analogue wafer probe and final test operations from Hsinchu, Taiwan to its manufacturing facilities in Shanghai, China. The transition is expected to complete by July 31, 2007.
Dr. Keh-Shew Lu, President and CEO of Diodes Incorporated, said, "We continue to drive operational efficiencies, and this move will further capitalise on and leverage the infrastructure already in place at our high volume Shanghai manufacturing facilities."
Approximately 40 employees will be impacted, while the product design, research and development, sales, marketing, administration and support service employees will continue to operate in the Hsinchu Science Park facility in Taiwan.
Diodes Incorporated acquired Anachip Corporation, a Taiwanese fabless analogue IC company, in January 2006. Headquartered in the Hsinchu Science Park in Taiwan, Anachip's main product focus is Power Management ICs. These analogue products are widely used in LCD monitor/TV's, wireless 802.11 LAN access points, brushless DC motor fans, portable DVD players, datacom devices, ADSL modems, TV/satellite set-top boxes, and power supplies.
Diodes Incorporated expects to take a restructuring charge of approximately $1.3 to $1.7 million in the second quarter, and anticipates approximately $1.0 million in cost savings per year related to the transition.
