March 17, 2020 / 2:28 PM / 21 days ago

BRIEF-X-FAB Continues To Ship Products Despite Coronavirus

March 17 (Reuters) - X FAB SILICON FOUNDRIES EV:

* STATEMENT FROM THE X-FAB MANAGEMENT TEAM ON THE CORONA VIRUS SITUATION

* WE CONTINUE TO SHIP PRODUCTS IN AND OUT OF ALL COUNTRIES WHERE WE OPERATE

* WE HAVE A DIVERSIFIED MANUFACTURING PRESENCE WITH SIX SITES ON THREE CONTINENTS AND ALL OUR PRODUCTION SITES ARE OPERATIONAL

* WE HAVE ADVISED EMPLOYEES AND CONTRACTORS TO WORK FROM HOME IF THEY CAN

* ON CORONAVIRUS: WE HAVE INSTALLED COMPREHENSIVE REVIEWS TO MONITOR AND PROACTIVELY ADDRESS ANY CONCERNS AND TO RETAIN OUR FOCUS ON CUSTOMERS

* CURRENTLY, WE HAVE NO ISSUES WITH SUPPLIERS THAT COULD IMPACT SHIPMENTS TO OUR CUSTOMERS

* WE ARE ADHERING TO LOCAL GOVERNMENT REQUIREMENTS ON SELF-QUARANTINING WHEN REQUIRED Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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