Integrated Micro-Electronics, Inc. (IMI), the electronics manufacturing arm of Ayala Group, has consolidated its China operations by closing its Kuichong facility and integrating its production into the Pingshan facility in Shenzhen.
Production activities at the Kuichong site concluded on September 30, with integration into Pingshan continuing in the following weeks.
This consolidation aims to streamline IMI's presence in China, enhance operational efficiency, and increase capacity utilization at the Pingshan site.
IMI is prioritizing business continuity and minimizing disruption for customer accounts previously served by the Kuichong facility.
Prior to the COVID-19 pandemic, IMI operated four production sites in China, but now has only one remaining.
This move is part of IMI's restructuring efforts to cut losses and return to profitability.
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