Textile supplier Eclat Textile Co (儒鴻) has suspended production at one of its plants in Vietnam after workers at the facility were found to have COVID-19.
In a filing with the Taiwan Stock Exchange, the company said that it had suspended production at the factory in Dong Nai Province in southeastern Vietnam since Wednesday, adding that operations would not resume until tomorrow.
In the meantime mass testing and disinfection at the plant would be conducted, it said.
Photo: Ashley Pon, Bloomberg
Eclat found infections among its staff when conducting COVID-19 screenings, as advised by provincial health authorities, it said.
The company did not release any details about the outbreak, including how many workers tested positive.
Eclat would tighten measures to contain the spread of the virus at the facility and watch closely how the COVID-19 situation develops in Vietnam, as the country is facing a worsening outbreak of the disease.
On Thursday, Vietnam reported 801 local COVID-19 cases in 11 of its provinces, including 72 in Dong Nai, news site Vnexpress International reported.
As of yesterday, Vietnam had reported 38,239 COVID-19 cases and 138 deaths, data compiled by Johns Hopkins University showed.
Eclat operates 15 production sites in Vietnam, with a capacity of 12 million to 13 million garments per day.
The Dong Nai factory accounts for 15 percent of the firm’s capacity in Vietnam.
Eclat said that the four-day suspension would be unlikely to affect the company’s operations, as it aims to expand production at its other facilities during that time and to meet market needs affected by Vietnam’s outbreak.
Shares of contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) came under pressure yesterday after a report that Apple Inc is looking to shift some orders from the Taiwanese company to Intel Corp. TSMC shares fell NT$55, or 2.4 percent, to close at NT$2,235 on the local main board, Taiwan Stock Exchange data showed. Despite the losses, TSMC is expected to continue to benefit from sound fundamentals, as it maintains a lead over its peers in high-end process development, analysts said. “The selling was a knee-jerk reaction to an Intel-Apple report over the weekend,” Mega International Investment Services Corp (兆豐國際投顧) analyst Alex Huang
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is expected to remain Apple Inc’s primary chip manufacturing partner despite reports that Apple could shift some orders to Intel Corp, industry experts said yesterday. The comments came after The Wall Street Journal reported on Friday that Apple and Intel had reached a preliminary agreement following more than a year of negotiations for Intel to manufacture some chips for Apple devices. Taiwan Institute of Economic Research (台灣經濟研究院) economist Arisa Liu (劉佩真) said TSMC’s advanced packaging technologies, including integrated fan-out and chip-on-wafer-on-substrate, remain critical to the performance of Apple’s A-series and M-series chips. She said Intel and Samsung
TRANSITION: With the closure, the company would reorganize its Taiwanese unit to a sales and service-focused model, Bridgestone said Bridgestone Corp yesterday announced it would cease manufacturing operations at its tire plant in Hsinchu County’s Hukou Township (湖口), affecting more than 500 workers. Bridgestone Taiwan Co (台灣普利司通) said in a statement that the decision was based on the Tokyo-based tire maker’s adjustments to its global operational strategy and long-term market development considerations. The Taiwanese unit would be reorganized as part of the closure, effective yesterday, and all related production activities would be concluded, the statement said. Under the plan, Bridgestone would continue to deepen its presence in the Taiwanese market, while transitioning to a sales and service-focused business model, it added. The Hsinchu
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) has approved a capital budget of US$31.28 billion for production expansion to meet long-term development needs during the artificial intelligence (AI) boom. The company’s board meeting yesterday approved the capital appropriation plan for purposes such as the installation of advanced technology capacity and fab construction, the world’s largest contract chipmaker said in a statement. At an earnings conference last month, TSMC forecast that its capital expenditure for this year would be at the higher end of the US$52 billion to US$56 billion range it forecast in January in response to robust demand for 5G, AI and
RSS