BIÑAN, PHILIPPINES – Integrated Micro-Electronics has announced the closure of its Chengdu, China, manufacturing facility as part of its ongoing efforts to streamline operations and reduce costs.

Ayala-led Integrated Micro-Electronics Inc. (IMI) is closing down its China facility as part of efforts to reduce business costs by focusing on strategic factories.

Integrated Micro-Electronics Inc. (IMI) of the Ayala Group said it continues to streamline its operations with the closure of ...