COVID-19: Foxsemicon halts production for two days after six workers test positive

0


  • By Chen Cheng-hui / employee reporter

Foxsemicon Integrated Technology Inc (京 鼎 精密), a manufacturer of semiconductor manufacturing and inspection equipment, yesterday suspended production for two days after six foreign workers tested positive for COVID-19.

The incident is likely to affect the company’s production and sales by 2 to 3 percent this month, the company, based in Jhunan Township, Miaoli County, said in a filing on the Taiwan Stock Exchange.

However, it added that it doesn’t expect any major impact on its finances or business for the full year as it makes capacity adjustments.

Photo: Grace Hung, Taipei Times

Foxsemicon did not publish its sales results for the last month. Revenue for April rose 20.38 percent year over year to NT $ 1.03 billion (US $ 37.2 million), bringing cumulative revenue to NT $ 3.73 billion for the first four months , 43 percent more than last year, as company data showed.

Foxsemicon is the newest company in Miaoli to report COVID-19 infections to its overseas employees after chip testing and packaging service providers King Yuan Electronics Co (京 元 電子) and Greatek Electronics Inc (超 豐 電子) and computer network equipment maker Accton Technology Corp (智邦科技).

The source of the cluster infections in Miaoli has not yet been identified, but fears of a possible disruption to local industrial supply chains have led companies to temporarily shut down production, disinfect production facilities, conduct rapid COVID-19 tests and place contact persons in infected cases 14 days quarantine.

Foxsemicon said in the filing that it would begin running rapid COVID-19 tests on all of its employees in Jhunan today. It is estimated that 470 people (excluding foreign workers) should take the test first, as the submission revealed.

The company is a subsidiary of the Hon Hai Group (鴻海 集團) and is led by the Chairman of the Hon Hai Precision Industry Co (鴻海 精密) Young Liu (劉揚 偉). Its shares closed 0.66 percent at NT $ 230.50 in Taipei trading yesterday.

Comments are moderated. Keep comments relevant to the article. Comments with offensive and obscene language, personal attacks of any kind or advertising will be removed and the user will be blocked. The final decision is at the discretion of the Taipei Times.



Source link

Share.

Comments are closed.