Brief: X-FAB Continues To Ship Products Despite Coronavirus

X-Fab Silicon Foundries Europese Vennootschap

17/03/2020 14:18

March 17 (Reuters) - X FAB SILICON FOUNDRIES EV  XFAB.PA :
    * 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:  ID:nNDL19zlwZ 
Further company coverage:  XFAB.PA 

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