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Diodes to move Taiwan wafer probe ops to Shanghai


BANGALORE, Reuters
Monday, May 21, 2007


    

Diodes Inc. said it plans to consolidate its analog wafer probe and test operations from a Taiwan un

it to its Shanghai facilities, a move that will affect about 40 jobs.

The supplier of discrete and analog semiconductors said it expects a related restructuring charge of about US$1.3 million to US$1.7 million in the second quarter.

Diodes, which has about 2,268 employees, said it expects to save about US$1 million a year from the transition, likely to be completed by July 31.

Product design, R&D and some other divisions will continue to operate in the Hsinchu Science Park facility in Taiwan, the company said in a statement.

The Westlake Village, California-based company, which acquired Taiwanese fabless analog chip maker Anachip Corp. in January 2006, has its Asian operations in Taiwan and Shanghai.

Its chips are used in a wide array of consumer devices such as digital audio players, notebook computers and mobile handsets.


      








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