Flooding in the country of Thailand is further impacting the operations of semiconductor maker Microsemi Corporation, the Aliso Viejo-based firm said this morning. Microsemi said that continued flooding in the country has forced a shutdown of its second facility in Thailand, outside the city of Bangkok. Microsemi had already been forced to shutdown its operations in Ayutthaya, Thailand. Microsemi said it expects some revenue effect in the current quarter, and probably impact over two to three quarters beyond, from the shutdowns. The company said the two factories account for as much as 5 percent of its total quarterly revenues. Thailand is seeing some of the worst flooding in the country ever, due to record monsoon rains this year.
Top NewsWednesday, October 26, 2011
Microsemi Shuts Down Another Factory In Thailand