Integrated Microelectronics Inc., a company led by the Ayala Group, said it could register $14 million in revenue backlog in the first quarter because of the coronavirus disease 2019.
IMI said in a presentation during a recent analysts’ briefing while its four manufacturing sites in China resumed operations, they were not yet at 100-percent level.
IMI said its facility in Jiaxing was at 50 percent while the Chengdu facility was 90 percent back in operations. Its facility in Shenzhen was at 60 percent while the Suzhou plant was still 25-percent operational.
“Travel between IMI global sites and affected areas are strictly controlled and monitored, health and safety measures are deployed in all facilities,” IMI said.
IMI last month reported that it delayed resumption of work in its four facilities in mainland China until Feb. 10 following the outbreak of COVID-19 in Wuhan.