Coronavirus Electronics Supply Chain Dashboard

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Last updated: June 1, 2020 21:00 GMT

Supplier COVID-19 Announcements

Company News Title Description News Date
Apple Inc.
Apple Reopening Flagship Tokyo Stores as Japan Eases Restriction
Apple Inc. is set to reopen its biggest stores in Japan from midday on Wednesday, bringing its physical retail network back online in one of its biggest markets.
6/1/2020
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Boyd Corporation
Boyd Corporation Supports the Delivery of 64,000 Face Shields to Illinois
PLEASANTON, Calif.--(BUSINESS WIRE)--Boyd Corporation, a global leader in engineered materials and thermal management solutions, announced the continued joint effort with The Coca-Cola Company and Makers Respond.org, a project of RESOLVE, to deliver critically needed medical face shields for healthcare workers battling the coronavirus pandemic in Illinois. Boyd Corporation is a name that carries nearly a century of commitment to technological evolution and responsiveness to customer needs – pivoting to help support global communities in response to urgent supply needs for medical professionals.
6/1/2020
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The Walt Disney Company
Tokyo Disneyland and DisneySea extend closures
Despite the state of emergency lifted in Tokyo, Tokyo Disney (NYSE:DIS) theme park operator Oriental Land says Disneyland and DisneySea will remain closed for the time being.The parks were closed on Feb. 29 due to the coronavirus outbreak.
6/1/2020
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Hyundai Motor Company
Hyundai Motor sales dropped 39% in May
Hyundai (OTCPK:HYMLF) reports sales declined 39% Y/Y in May to 217,510 vehicles globally, due to COVID-19 impact.
6/1/2020
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Taiwan Semiconductor Manufacturing Co., Ltd.
TSMC's 3nm process has been delayed and is expected to be available in 2021
Chipsets used by smartphones are getting smaller and smaller nowadays, with the current smallest being only 7nm and it's from Apple and Huawei. The reasons for making them so tiny are because the tinier the better for power efficiency and silicon area size. Earlier, the largest chipmaker TSMC has taken on the challenge by making a 3nm process and planned to release it by the end of 2020. However, it will now be delayed until early 2021 because of the pandemic.
6/1/2020
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Apple Inc.
Apple reopening rest of Japan stores Wednesday
Apple (AAPL +0.5%) is set to reopen its remaining stores in Japan on Wednesday.
6/1/2020
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Infosys Limited
Infosys says Covid-19 related risks could hit profitability, CEO compensation jumps 27%
Bengaluru: InfosysNSE -2.32 % said Covid-19 led slowdown has resulted in termination of projects and may hit the company’s profitability going forward.
5/31/2020
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Samsung Electronics Co. Ltd.
Samsung considering expanding online recruitment process
Samsung Group, South Korea's top conglomerate, said Sunday it is considering expanding its remote hiring process after wrapping up its first-ever online recruitment exam amid the coronavirus pandemic.
5/31/2020
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KEI Industries Limited
KEI Industries Reports the impact of COVID-19 on Financial Results for the period ended March 31, 2020.
During the 4th Quarter of FY 2019-20 Net Sales was Rs 1258.53 Crore, against same quarter in previous year of Rs.1258.79 Crore. There was no growth as compared to corresponding period last year due to lockdown announced by the Government (COVID-19) resulting in no sale for last 10 days of the quarter ended March 31, 2020. EBIDTA during this Quarter was
5/31/2020
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Solitron Devices, Inc.
Solitron Devices will be delaying the filing of its Annual Report due to circumstances related to the outbreak of the novel coronavirus.
Solitron Devices, Inc. (the "Company") previously planned to file its Annual Report on Form 10-K for the fiscal year ended February 29, 2020 (the "Annual Report") by May 29, 2020, however, the Company will be delaying the filing of its Annual Report due to circumstances related to the outbreak of the novel coronavirus, COVID-19. The Company is relying on the order (the "Order") promulgated by the Securities and Exchange Commission (the "SEC") on March 25, 2020 (which extended and superseded a prior order issued on March 4, 2020), pursuant to Section 36 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") (Release No. 34-88465) which allows for the delay of certain filings required under the Exchange Act. In reliance upon the Order, the Company expects to file its Annual Report no later than July 13, 2020, which is 45 days after the original due date of the Annual Report.
5/29/2020
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Canon Inc.
Amid the spread of COVID-19 outbreak, Canon will resume normal operations from June 1, 2020.
The partial suspension of operations will end after May 31. From June 1, Canon will resume normal operations while thoroughly implementing such basic infection prevention measures as staggered commuting times and encouraging working from home.
5/29/2020
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VMware, Inc.
VMware could have 60% of staff working from home after coronavirus pandemic, CEO says
VMware CEO Pat Gelsinger told CNBC on Friday a larger share of the enterprise software company’s employees will work remotely as a result of the coronavirus pandemic.
5/29/2020
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Google Inc.
Google reports massive coronavirus-related hack, phishing attacks
It appears that hackers and scammers are taking advantage of the pandemic to launch massive operations. As the world reels from lockdown regulations, people are using online platforms to procure necessary supplies. Google says that this increase in online activities is a prime target for hacking and phishing attacks.
5/29/2020
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Nikon Corp.
Nikon cuts jobs in Thailand and Laos with camera sales slumping
TOKYO -- Nikon has cut 700 jobs in Southeast Asia as part of a move to restructure its digital camera business as executives warned of sustained losses during the coronavirus pandemic, the Japanese optical company said Thursday.
5/29/2020
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Mid-City Electric
Mid-City Provides COVID-19 update as of May 29, 2020.
We wanted to inform everyone that a Mid-City employee at one of our projects has tested positive for COVID-19. This individual is at home and is doing well with only minor symptoms. This person will remain at home for two weeks, and we will communicate with him regularly to monitor his condition. Both Mid-City and the employee are following the guidelines established by the CDC and Ohio Health Department as it relates to a positive COVID-19 diagnosis.
5/29/2020
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Autoliv, Inc.
Autoliv Provides market and business update regarding COVID-19 pandemic.
(Stockholm, Sweden, May 29, 2020) - Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in vehicle safety systems, today provides updates on market and company measures to manage the auto industry downturn caused by the COVID-19 pandemic.
5/29/2020
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SHINDENGEN ELECTRIC MANUFACTURING CO., LTD.
SHINDENGEN Announces response to the spread of coronavirus outbreak as of May 29, 2020.
As part of measures against the new coronavirus infectious disease ( COVID-19 ), we have set all employees as "in principle work from home" until May 29 to ensure the safety of employees and prevent the spread of infection.
5/29/2020
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Shimadzu Corporation
Shimadzu Provides notice of the implementation of telecommuting as the new coronavirus infection spreads.
Başakşehir Çam & Sakura City Hospital was fully opened on May 21st 2020 in Istanbul with 2,682 beds, which is one of the largest class in the Republic of Turkey, and a number of Shimadzu medical imaging systems has been adopted to provide advanced healthcare services to the people in the region.
5/29/2020
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Steven Label Corporation
Amid COVID-19 pandemic, Steven Label Remains in operation as a critical supplier to Essential Healthcare Business, as of May 29, 2020.
We are receiving several requests for information pertaining to our operations and supply chain. This webpage will stay updated and serve as your source for relevant information concerning any changes to staying operational and any impacts to us from our supply chain.
5/29/2020
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Hitachi, Ltd.
Due to the impact of COVID-19 pandemic, Hitachi Operating Profit to Hit 11-Year Low.
Tokyo, May 29, 2020 --- Hitachi, Ltd. (TSE:6501) today announced its consolidated financial results for fiscal 2019, ended March 31, 2020.
5/29/2020
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Amazon.com, Inc.
Amazon to offer permanent roles to 70% of 175,000 new U.S. hires
Amazon.com plans to offer permanent jobs to about 70% of the U.S. workforce it has hired temporarily to meet consumer demand during the coronavirus pandemic, the company told Reuters on Thursday.
5/28/2020
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China Finance Online Co. Limited
China Finance Online Reports Fourth Quarter Financial Results and Provides COVID-19 Business Update.
BEIJING, May 28, 2020 /PRNewswire/ -- China Finance Online Co. Limited ("China Finance Online", or the "Company", "we", "us" or "our") (NASDAQ GS: JRJC), a leading web-based financial services company that provides Chinese retail investors with fintech-powered online access to securities trading services, wealth management products, securities investment advisory services, as well as financial database and analytics services to institutional customers, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2019.
5/28/2020
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Broadcom Inc.
Broadcom sends its England-based staff back into office as UK lockdown eases – though Welsh workers get a free pass
Broadcom has sent staff back into corporate offices in England – though workers elsewhere in the UK can continue working remotely, a letter seen by The Register reveals.
5/28/2020
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Tech Data Corporation
Tech Data Reports First Quarter Fiscal Year 2021 Results and Provides COVID-19 business Update.
CLEARWATER, Fla.--(BUSINESS WIRE)-- Tech Data (NASDAQ: TECD) (the “Company”) today announced its financial results for the first quarter ended April 30, 2020.
5/28/2020
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Dell Technologies Inc
Dell Technologies Q1 Earnings and Revenues Top Estimates and Provides COVID-19 Business Update.
Dell Technologies (NYSE: DELL) announces financial results for its fiscal 2021 first quarter. First quarter revenue was $21.9 billion. During the quarter, the company generated operating income of $702 million, a 28 percent increase over the same period in the prior year, and non-GAAP operating income of $2.2 billion. Net income was $182 million, non-GAAP net income was $1.1 billion and adjusted EBITDA was $2.6 billion. Net cash used in operating activities was $0.8 billion. Diluted earnings per share was $0.19 and non-GAAP diluted earnings per share was $1.34.
5/28/2020
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Giga-tronics Incorporated
Giga-tronics Reports Results for Q4 FY 2020 and FY 2020 and Provides COVID-19 Business Update.
DUBLIN, Calif., May 28, 2020 (GLOBE NEWSWIRE) -- Giga-tronics Incorporated (OTCQB: GIGA) (the “Company”) reported results for the fourth quarter and fiscal year ended March 28, 2020.
5/28/2020
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Ford Motor Company
Ford paused production at Chicago Heights stamping plant after employee tests positive for COVID-19
Ford Motor Co. temporarily paused production at its stamping plant in Chicago Heights on Wednesday for sanitation after an employee at the facility tested positive for COVID-19.
5/28/2020
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HIROSE ELECTRIC CO., LTD.
HIROSE ELECTRIC Reports the impact of COVID-19 on Consolidated Financial Results for the Year Ended March 31, 2020.
Forward-looking statements, such as forecast of business performance, stated in this document are based on information currently possessed by Hirose or certain assumption that Hirose has deemed as rational. We cannot make any assurances that the contents mentioned in these forward-looking statements will ever materialize. A
5/28/2020
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Grupo Antolin
Grupo Antolin reached sales of €1,054 million in the first quarter of 2020 & has a solid financial position to face the COVID-19 crisis.
Grupo Antolin, one of the largest manufacturers of vehicle interiors in the world, achieved sales amounting to €1,054 million in the first quarter of 2020, compared to €1,270 million in the same period the year before.
5/28/2020
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Canadian Solar Inc.
Canadian Solar Beats Q1 Earnings and Revenue Estimates despite the impact of COVID-19 pandemic.
GUELPH, Ontario, May 28, 2020 /PRNewswire/ -- Canadian Solar Inc. ("Canadian Solar" or the "Company") (NASDAQ: CSIQ) today announced financial results for the quarter ended March 31, 2020.
5/28/2020
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MiX Telematics Limited
Global outbreak of COVID-19 could harm MiX Telematics Limited business and impact operations and the results.
In December 2019, a novel strain of coronavirus outbreak was reported in China (“COVID-19”). In January 2020, the World Health Organization (WHO) declared this outbreak a Public Health Emergency of international concern and, subsequently, it was declared a pandemic in March 2020. The outbreak continued to spread globally, affecting global economic activity and financial markets. Due to extensive measures implemented by various governments, all of our employees are required to work remotely, with the exception of our staff working in our monitoring centers, which were classified as an essential service. We have implemented appropriate safeguards for these centers. In addition, we have modified certain business and workforce practices (including suspension of all business travel and cancellation of physical participation in meetings, events and conferences) and implemented new protocols to promote social distancing and enhance sanitary measures in our offices and facilities to conform to government restrictions and best practices encouraged by governmental and regulatory authorities. There is no certainty that such measures will be sufficient to mitigate the risks posed by the virus, in which case our employees or other individuals may become sick, our ability to perform critical functions could be harmed, and we may be unable to respond to some of the needs of our global business. Further, our increased reliance on remote access to our information systems increases our exposure to potential cybersecurity breaches. We may take further actions as government authorities require or recommend or as we determine to be in the best interests of our employees, customers, suppliers and other business counterparties.
5/28/2020
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General Motors Company
GM Is Manufacturing Face Masks In South America To Resume Vehicle Production
In keeping with the global initiative that General Motors began executing a couple of months ago in the United States and China, GM South America is manufacturing face masks to safely resume the production of vehicles and components in the region. This is one of several measures that the company’s business unit has taken to contribute to the fight against the COVID-19 virus, both in Brazil and in the rest of the southern countries of the continent.
5/28/2020
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ReWalk Robotics Ltd.
Rewalk Robotics sees impact of COVID-19 in first-quarter results
MARLBOROUGH, Mass.BERLIN, Germany and YOKNEAM ILIT, Israel, May 28, 2020 (GLOBE NEWSWIRE) -- ReWalk Robotics Ltd. (Nasdaq: RWLK) (“ReWalk” or the “Company”) today announced its financial results for the three months ended March 31, 2020.
5/28/2020
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MiX Telematics Limited
MIX Telematics Says Suspending Practice Of Issuing Financial Guidance For FY2021, Due to the spread of COVID-19.
MiX Telematics changed from being a foreign private issuer to a U.S. domestic issuer, with effect from April 1, 2020. As a result of the change in status, the Company is required to comply with and report its financial results in accordance with accounting principles generally accepted in the United States (“GAAP”). This earnings release contains the preliminary unaudited GAAP financial results for the fourth quarter and full fiscal year 2020.
5/28/2020
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Pure Storage, Inc.
Pure Storage delivers solid financial results during Q1 Fiscal 2021 despite challenging environment created by COVID-19.
MOUNTAIN VIEW, Calif., May 28, 2020 /PRNewswire/ -- Pure Storage (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, today announced financial results for its first quarter ended May 3, 2020.
5/28/2020
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VMware, Inc.
Despite the impact of COVID-19 pandemic, VMware delivers solid Q1 as subscription, SaaS revenue jumps.
PALO ALTO, Calif.--(BUSINESS WIRE)-- VMware, Inc. (NYSE: VMW), a leading innovator in enterprise software, today announced financial results for the first quarter of fiscal 2021:
5/28/2020
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Modine Manufacturing Company
Modine Reports Fourth Quarter and Full Year Fiscal 2020 Results and Provides COVID-19 business Update.
RACINE, Wis., May 28, 2020 /PRNewswire/ -- Modine Manufacturing Company (NYSE: MOD), a diversified global leader in thermal management technology and solutions, today reported financial results for the quarter and fiscal year ended March 31, 2020.
5/28/2020
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Salesforce.com, inc.
Salesforce beats Q1 estimates, lowers fiscal 2021 revenue growth forecast and Provides Business Update regarding COVID-19 pandemic.
SAN FRANCISCO, May 28, 2020 /PRNewswire/ -- Salesforce (NYSE: CRM), the global leader in CRM, today announced results for its fiscal first quarter ended April 30, 2020.
5/28/2020
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Marvell Technology Group Ltd.
Marvell reports strong Q1 following ‘stronger-than-expected’ demand for 5G services, despite the impact of COVID-19 pandemic.
SANTA CLARA, Calif., May 28, 2020 /PRNewswire/ -- Marvell Technology Group Ltd. (NASDAQ: MRVL), a leader in infrastructure semiconductor solutions, today reported financial results for the first quarter of fiscal year 2021.
5/28/2020
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News Corp
News Corp to Stop Printing More Than 100 Australian Newspapers
SYDNEY—News Corp said it would stop printing more than 100 Australian newspapers by the end of June, closing 36 outright and moving the rest solely to the Internet, in its latest response to media shifts accelerated by the coronavirus pandemic.
5/28/2020
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Safran
Safran reports on business developments of first months of 2020 regarding COVID-19 pandemic at its 2020 Annual General Meeting.
The Annual General Meeting of Shareholders of Safran (Euronext Paris: SAF) met today behind closed doors at the Company's head office, under the chairmanship of Ross McInnes, Chairman of the Board of Directors.
5/28/2020
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Zound Industries
A challenging first quarter for Zound due to the spread of COVID-19 pandemic.
The global COVID-19 pandemic impacts Zound Industries as sales drop by 32 percent for the first quarter compared to 2019. Net sales for Q1 2020 totalled 257.7 MSEK.
5/28/2020
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Infineon Technologies AG
Infineon Technologies Announces Business Continuity Customer Notification regarding Coronavirus Issue, as of May 28, 2020.
The highly dynamic development of the COVID-19 topic makes it difficult to provide tangible assessments upon which further planning can be based. This applies especially as mitigation measures by several governments, like travel restrictions or movement control orders have been announced on short notice and exceed our sphere of influence.
5/28/2020
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Okita Works Co., Ltd.
Okita Works Provides Business Update regarding COVID-19 pandemic as of May 28, 2020.
We would like to extend our deepest sympathies to all those affected by the new coronavirus, including those who have suffered from pneumonia.
5/28/2020
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General Motors Company
GM's idled Warren Transmission plant finds a new purpose during outbreak
Warren — The COVID-19 pandemic brought the Warren Transmission plant back from the dead.
5/28/2020
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Noatum Maritime Holdings SL
Noatum Maritime Remains fully operational amid COVID-19.
The priority of Noatum is the safety and protection of all its employees, that is why, a few weeks ago we updated and improved our Occupational Safety and Health Policy . Our objective is to ensure that our people have all the guarantees of protection and prevention, not only during the COVID-19 pandemic , but in any situation.
5/28/2020
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CMA CGM Group
CMA Provides Business Update regarding COVID-19 pandemic.
The current COVID-19 Outbreak is affecting the whole supply chain worldwide, raising potential major challenges.
5/28/2020
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General Motors Company
General Motors Statement on Vehicle Production amid COVID-19.
The restart of vehicle production at General Motors’ component and assembly plants in North America has gone smoothly thanks to strong teamwork. Our comprehensive safety procedures are working well, and our suppliers have done a great job implementing their return-to-work strategies and safety playbooks. We are now in a position to increase production to meet strengthening customer demand and strong dealer demand. Starting Monday, three crossover assembly plants in the United States and Canada will be operating two production shifts, and three U.S. assembly plants building mid- and full-size pickups will move from one- to three-shift operations. Five other U.S. assembly plants will operate one production shift.
5/28/2020
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HAGIWARA ELECTRIC HOLDINGS CO., LTD.
HAGIWARA Announces response regarding to the complete cancellation of the emergency declaration.
Although it has been announced that the government's emergency declaration will be fully lifted, the Group's response to date will continue with some relaxation. While carefully monitoring the guidelines for the gradual mitigation by the government and prefectural governors and the situation of the spread of infection, we will gradually mitigate the response of our group in the future, but we will inform you again at that time.
5/27/2020
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Eland Cables
Eland Cables Remains fully operational as a critical supplier to essential service providers amid COVID-19 pandemic as May 27, 2020.
As a critical supplier to essential service providers, Eland Cables remains fully operational. We continue to offer some of the industry’s shortest manufacturing lead-times and to deliver cable and cable accessories from our comprehensive stockholding on a next day basis on our own transport fleet.
5/27/2020
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Molex Incorporated
Molex Provides Business Update regarding Operational Status amid COVID-19 as of May 27, 2020.
As government restrictions around the world continue to ease, Molex is starting to implement the third phase of our global pandemic return to work plan. In this phase, the focus is on ensuring a Safe Return to the Workplace for our employees who may have been either required to work remotely or who work at sites that may have seen more limited operations because of government orders and are now able to return.
5/27/2020
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Alphabet Inc.
Google releases plan to return to the office
Beginning July 6, assuming external conditions allow, we'll start to open more buildings in more cities. This will give Googlers (GOOG, GOOGL) who need to come back to the office - or, capacity permitting, who want to come back - the opportunity to return on a limited, rotating basis (think: one day every couple of weeks, so roughly 10% building occupancy) CEO Sundar Pichai told employees.
5/27/2020
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The Boeing Company
Boeing to Start Voluntary Layoffs, Will Shed an Initial 2,500 Workers
Boeing Co. will this week announce about 2,500 voluntary layoffs in the first phase of broader cuts triggered by the coronavirus-driven collapse of global air travel, according to union officials.
5/27/2020
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Photronics, Inc.
Photronics Reports the impact of COVID-19 on Second Quarter Fiscal 2020 Results.
BROOKFIELD, Conn., May 27, 2020 (GLOBE NEWSWIRE) -- Photronics, Inc. (NASDAQ:PLAB), a worldwide leader in photomask technologies and solutions, today reported financial results for its fiscal 2020 second quarter ended May 3, 2020.
5/27/2020
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The Walt Disney Company
Disney to start reopening its Florida theme parks with Magic Kingdom, Animal Kingdom on July 11
Disney said Wednesday it has proposed a phased reopening of its Florida-based theme parks in July.
5/27/2020
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Watts Water Technologies Inc.
Watts Water Technologies may Swing to loss in Q2 due to the impact of COVID-19 pandemic.
During its first quarter 2020 earnings conference call held on May 7, 2020, the Registrant provided an estimate that sales for the second quarter of 2020 may decline by 25% to 30% as compared to the second quarter of 2019 from the impact of the COVID-19 pandemic. The Registrant is revising that estimate given recent sales activity through May 2020. Sales are now estimated to decline by 20% to 25% for the second quarter of 2020 as compared to the second quarter of 2019.
5/27/2020
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Ford Motor Company
Ford temporarily pauses production at Kansas City assembly plant
Ford (NYSE:F) halts production at its Kansas City assembly plant on the transit side after a worker tested positive for COVID-19.
5/27/2020
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Ford Motor Company
Ford shuts down fourth factory due to COVID-19; this time Chicago Stamping
Ford Motor Co. announced Wednesday that it had shut down production temporarily at Chicago Stamping due to the coronavirus, the fourth Ford factory to close for COVID-19 deep cleaning since the industry restarted production May 18.
5/27/2020
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Plantronics, Inc.
Plantronics will delay the filing of its Annual Report on Form 10-K for the year ended March 28, 2020, due to coronavirus.
In reliance on Release No. 34-88465 (the “Order”) issued by the Securities and Exchange Commission (the “SEC”) on March 25, 2020, pursuant to Section 36 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), Plantronics, Inc. (the “Company”) will delay the filing of its Annual Report on Form 10-K for the year ended March 28, 2020 (the “Annual Report”), which Annual Report was originally due on May 27, 2020. The Company expects to file the Report on or around June 3, 2020, and in any case not later than July 13, 2020, which is 45 days after the original due date of the Annual Report. The Order provides conditional relief to public companies unable to timely comply with their filing obligations as a result of the novel coronavirus (“COVID-19”) outbreak.
5/27/2020
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Nokia Corporation
Nokia Temporarily Shuts Down Its Manufacturing Unit Near Chennai After 18 Employees Test Positive For Covid-19.
May 27 2020, 10:50 am, Nokia Temporarily Shuts Down Its Manufacturing Unit Near Chennai After 18 Employees Test Positive For Covid-19 Nokia Nokia has temporarily suspended operations at a telecoms gear manufacturing plant in Oragadam near Chennai, after 18 employees tested positive for COVID-19.
5/27/2020
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Larsen & Toubro Ltd.
L&T Heavy Engineering Achieves Delivery of Critical Equipment to Global Customers During Lockdown.
Mumbai, May 27, 2020: The Heavy Engineering arm of Larsen & Toubro ensured dispatch of critical Reactors, Coke drums and Sub-assemblies of Nuclear Fusion reactor for their global clients during the lockdown period in India from beginning of last week of March.
5/27/2020
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EBARA Corporation
EBARA Provides update regarding the Case of Novel Coronavirus Infection at Fujisawa office as of May 27, 2020.
On May 19, 2020, EBARA CORPORATION (EBARA) announced that a person working for our subcontracting company at Fujisawa office had tested positive for the COVID-19 coronavirus and that we would immediately take measures to prevent the spread of infection within Fujisawa office where the infected person was working, following the report from the subcontracting company. However, on May 21, we received notification from them that none of its employees were infected and that the notification to us had been in error.
5/27/2020
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Workday, Inc.
Workday Announces Fiscal 2021 First Quarter Financial Results and Provides COVID-19 Business Update.
PLEASANTON, Calif., May 27, 2020 (GLOBE NEWSWIRE) -- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, today announced results for the fiscal 2021 first quarter ended April 30, 2020.
5/27/2020
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B.O.S. Better Online Solutions Ltd.
BOS Reports the impact of COVID-19 on First Quarter of 2020 Financial Results.
RISHON LE ZION, Israel, May 27, 2020 (GLOBE NEWSWIRE) – BOS Better Online Solutions Ltd. ("BOS" or the "Company") (NASDAQ: BOSC), a global provider of intelligent systems and services for production and logistics, reported its financial results for the first quarter ended March 31, 2020.
5/27/2020
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Coherent Inc.
Coherent Q2 Earnings Surpass Estimates despite the spread of COVID-19 outbreak.
SANTA CLARA, Calif., May 27, 2020 /PRNewswire/ -- Coherent, Inc. (NASDAQ, COHR), one of the world's leading providers of lasers, laser-based technologies and laser-based system solutions in a broad range of scientific, commercial and industrial applications, today announced financial results for its second fiscal quarter ended April 4, 2020.
5/27/2020
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Plantronics, Inc.
Plantronics Q4 Earnings and Revenues Surpass Estimates and Provides COVID-19 Business Update.
SANTA CRUZ, Calif., - May 27, 2020 - Plantronics, Inc. (NYSE: PLT) ("Poly" or the "Company") today announced preliminary fourth quarter and full fiscal year 2020 results for the period ending March 28, 2020.
5/27/2020
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NetApp, Inc.
Despite the spread of COVID-19 pandemic, NetApp Delivered solid gross margin during the Fourth Quarter and Fiscal Year 2020 Results.
SUNNYVALE, Calif.--(BUSINESS WIRE)--May 27, 2020-- NetApp (NASDAQ: NTAP) today reported financial results for the fourth quarter and fiscal year 2020, which ended on April 24, 2020.
5/27/2020
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HP INC.
HP Inc. misses on Q2 revenue estimates due to the impact of COVID-19 pandemic.
The COVID-19 pandemic has created unprecedented global health and economic challenges. From the start of this crisis, HP’s number one priority has been the health and well-being of our employees. At the same time, we have marshalled our technology and resources to help address urgent needs in our communities.
5/27/2020
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Chevron Corporation
Exclusive: Chevron to cut up to 15% of staff amid restructuring
The oil producer previously disclosed a 30% reduction in its 2020 spending and some voluntary job cuts amid this year’s sharp drop in oil prices and lower demand for oil and gas due to the COVID-19 pandemic.
5/27/2020
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Ford Motor Company
Ford Temporarily Pauses Production On One Line At Chicago Stamping Plant To Complete Enhanced Cleaning, Following Safety Protocols For Covid-19 Case.
The safety of our workforce is our top priority. Working closely with the UAW and external experts in infectious disease and epidemiology, we have developed safety standards to protect our workforce. In this instance, our protocol calls for us to do enhanced cleaning and disinfect the employees’ work area, equipment, team area and the path that the employee took while at the plant today. We temporarily paused production on one line at Chicago Stamping Plant to complete enhanced cleaning and deployed employees to another part of the plant to work. Production on the affected line resumes later today. We are notifying people known to have been in close contact with the infected individual and asking them to self-quarantine for 14 days.
5/27/2020
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Hitachi, Ltd.
Hitachi staff only required to come to office 2-3 days a week
TOKYO -- Hitachi looks to review its work policies to enable employees come to the office just two to three days a week, even after the coronavirus pandemic ends.
5/27/2020
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Micronics Japan Co. Ltd.
Micronics Japan Response to New Coronavirus (“COVID-19”) Outbreak as of May 27, 2020.
We established the emergency task force in Headquarters and have been continuously implementing countermeasures. After the state of emergency was completely lifted by Japanese Government, we would like revise our countermeasures previously announced on May 8th.
5/27/2020
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Dentsu Inc.
Dentsu Provides Business Update regarding COVID-19 pandemic.
We would like to express our deepest sympathies and condolences to those who died of the new coronavirus infection. We would like to extend our deepest sympathies to the affected people and pray for their quick healing.
5/27/2020
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EBARA Corporation
EBARA Provides update regarding Business Operational Status amid COVID-19 pandemic as of May 27, 2020.
With regards to the EBARA Group companies, we would like to announce the current operations of manufacturing sites as follows in accordance with the orders by the government in each country along with the outbreak of COVID-19.
5/27/2020
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Advantest Corporation
Advantest Provides Business Update regarding COVID-19 pandemic as of May 27, 2020.
Following the cancellation on May 25th of the state of emergency declared by the Japanese government in April, Advantest has updated its coronavirus policy for employees in Japan.
5/27/2020
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HIROSE ELECTRIC CO., LTD.
After the state of emergency has been lifted, HIROSE's employees will start going to the offices gradually from June 1, 2020.
Following the state of emergency declaration by the government, HIROSE employees have been working from home and refraining from going to the office in order to prevent the spread of covid-19 from April 8.
5/27/2020
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Koch Industries, Inc.
Koch’s vice president and CEO Jim Hannan, Provides COVID-19 Response with Yahoo Finance.
Responding to the COVID-19 pandemic has been an all-in effort across Koch companies, from Georgia-Pacific adjusting its supply chain to meet demand for bath tissue and paper towels to Infor providing the software that healthcare providers rely on to manage their data.
5/27/2020
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Apple Inc.
Apple will open about 100 more stores in the U.S. this week, with focus on curbside service
Apple plans to open approximately 100 stores in the United States this week, a company representative told CNBC.
5/26/2020
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Von Roll Holding AG
Von Roll Spins off two loss-making Production Sites in France, due to COVID-19.
Breitenbach, May 26, 2020 – During the course of the Corona crisis, the Von Roll Group has critically reviewed all global activities in order to focus its human and financial resources within the Group even stronger on business areas with a high future potential.
5/26/2020
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ViaSat, Inc.
Despite the spread of COVID-19 pandemic, Viasat Q4 Earnings Beat Estimates on Record Revenues.
CARLSBAD, Calif., May 26, 2020 — Viasat Inc. (NASDAQ: VSAT), a global communications company, today announced its fourth quarter and fiscal year 2020 financial results. Starting with this earnings period, Viasat is introducing a new format for its quarterly communications, in which the complete financial results are included in a letter to shareholders posted to the investor relations section of its website.
5/26/2020
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SK Hynix Inc.
COVID-19 highlights the gravity of the secondary market for SME
Cha Jin-Seok, Chief Financial Officer of SK Hynix, said it best in the company’s Q1 earnings call, “Because of a never experienced pandemic, even basic business activities such as maintaining normal operations and predicting future demand have become challenging tasks.”
5/26/2020
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Fiat Chrysler Automobiles N.V.
Fiat Chrysler restarts operations at two plants in Mexico
Fiat Chrysler (NYSE:FCAU) re-opened its two facilities in the central Mexican city of Toluca on Tuesday, reports Reuters.
5/26/2020
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Alphabet Inc.
Google will reimburse up to $1,000 for employees to buy work-from-home gear
Google will reimburse employees up to $1,000 to pay for equipment to help them work from home, CEO Sundar Pichai wrote to employees on Tuesday.
5/26/2020
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Uber Technologies Inc.
Uber cuts 600 jobs in India as the coronavirus pandemic hurts business
Hong Kong (CNN Business)Uber's last big stand in Asia just got a lot smaller. The ride hailing company said on Tuesday that it is cutting 600 jobs in India, roughly 25% of its workforce in the country.
5/26/2020
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Elbit Systems Ltd.
The Covid-19 crisis had no effect on the Israeli defense electronics company Elbit Systems in the first quarter.
Israeli defense electronics company Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) has reported strong results for the first quarter including a rise in revenue and profit and a record orders backlog. Elbit has previously reported that it does not expect the coronavirus to have any effect until the second quarter.
5/26/2020
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Japan Aviation Electronics Industry, Ltd.
Japan Aviation Electronics Provides Response to novel coronavirus (COVID-19) diseases, as of May 26.
Japan Aviation Electronics Industry, Limited is implementing the following measures in response to the spread of COVID-19.
5/26/2020
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Keysight Technologies, Inc.
Keysight Technologies Reports Second Quarter 2020 Results and Provides COVID-19 Business Update.
Keysight Technologies, Inc. (NYSE: KEYS) today reported financial results for the second fiscal quarter of 2020 ended April 30, 2020.
5/26/2020
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ROHM Co., Ltd.
ROHM Provides update regarding Business Operational Status in Philippines amid COVID-19 pandemic.
ROHM Group would like to express our sincere sympathies to all those who have been affected by a novel coronavirus and those who are difficult to spend a daily life due to the infection spread.
5/26/2020
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Seica S.p.A.
Seica Spa Is Fully Operational amid COVID-19 pandemic as of May 26, 2020.
SEICA SPA is fully operational, in full compliance with the protocols defined fo safeguard the health of our employees, and we are able to support our customers with all the activities. sales, manufacturing and technical support, that they require. Our technical service support group can be contacted by phone (calling the usual number 39-0125-636811 and selecting the extension for” service”) and via email at service@seica.com.
5/26/2020
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Sony Corporation
Sony Mobile smartphone shipments hit low in 1Q20
Sony Mobile Communications saw its quarterly smartphone shipments hit a 10-year low of 400,000 units in the first quarter of 2020 despite robust sales of new models, including Xperia 1 II and Xperia 10 II, in Japan. The vendor has been keen on promoting its smartphones in Europe and Latin America, but its shipment prospects for the second quarter remain flat as demand in these two regions has been crippled by the coronavirus pandemic, according to sources from Taiwan's handset supply chain.
5/26/2020
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Teac Corporation
Teac Provides response to prevent the spread of new coronavirus infection as of May 26, 2020.
Thank you very much for your continued support. Even after canceling the emergency declaration, we will take the following measures to prevent the spread of new coronavirus infections.
5/26/2020
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SUMCO Corporation
SUMCO Extends period of teleworking at head office and sales offices until the end of June after state of emergency lifted.
The government rescinded its state of emergency declaration in full late on May 25. In conjunction with this, local government bodies announced the loosening of restrictions in stages, including the request to remain at home.
5/26/2020
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Schurter Holding AG
Schurter Holding Provides Business Update on Operational Status amid COVID-19 pandemic as of May 26, 2020.
The health of our employees and their families and the services to our customers have top priority. For this reason, SCHURTER adheres to the country-specific recommendations and guidelines set by the Health authorities. We listen to the needs of our employees and align our Group companies to their requirements. Nevertheless, actions have been taken to protect our employees globally.
5/26/2020
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Yokowo Co., Ltd.
Yokowo Provides Notice regarding the extension of telecommuting period amid COVID-19 outbreak as of May 26, 2020.
Yokowo Co., Ltd. was declared nationally by the Japanese government yesterday yesterday on 25th, but For the time being, in principle, we will continue to work from home. For future actions, please refer to the policies and action plans of the government and metropolitan areas, our business partners, While comprehensively judging the impact on local residents and the status of the telecommuting system within our company, We will consider this with reference to the "new lifestyle" announced by the Japanese government.
5/26/2020
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Autec Power Systems
Autec's Response To Covid-19 & Q4 Deliveries as of May 26, 2020.
Westlake Village, CA: As the COVID-19 situation continues to evolve, Autec Power Systems is committed to ensuring the safety of our employees while maintaining the highest possible levels of application engineering, manufacturing production and product delivery support for our customers and partners.
5/26/2020
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Apple Inc.
Apple to start reopening stores in Japan this week
Apple (NASDAQ:AAPL) will re-open its two stores in two locations at Fukuoka and Nagoya Sakae in Japan on May 27, according to the company’s retail website.
5/25/2020
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EOS POWER INDIA Pvt. Ltd.
EOS supports respiratory device manufacturers.
EOS POWER has been supporting medical device manufacturers for decades. Despite very strict measures by the Indian government due to the current Covid 19 situation, EOS got a special permit by the government to remain open to support crucial equipment for the medical industry such as ventilators, respiratory systems, hospital beds, etc.
5/25/2020
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Toyota Motor Corporation
Toyota to resume manufacturing operations from Tuesday
New Delhi: Toyota Kirloskar Motor (TKM) on Monday said it will resume manufacturing operations at its Bidadi (Karnataka) plant from Tuesday. After weeks of lockdown and partial lifting of restrictions across the country, the company will re-start production at the
5/25/2020
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Huawei Technologies Co. Ltd.
Huawei to be ousted from UK network
Plans to further reduce Huawei’s involvement in UK 5G infrastructure are being drawn up following growing anti-China sentiment in the wake of the coronavirus.
5/25/2020
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Rolls-Royce Holdings plc
Rolls-Royce takes heavy hit from COVID-19, reduces workforce by 9000.
The impact of COVID-19 on Rolls-Royce and the whole of the aviation industry is unprecedented. RR has already taken action to strengthen the financial resilience of its business and to reduce cash expenditure in 2020. However, this will not be enough.
5/25/2020
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Schurter Holding AG
Schurter Holding Provides Business Update regarding COVID-19 pandemic as of May 25, 2020.
The new coronavirus SARS-CoV-2 keeps the world in suspense. It spreads at an unprecedented speed and exhibits treacherous characteristics. SCHURTER takes this fact into account and has prioritized and ramped up the production of its components and input systems, which are used in medical devices.
5/25/2020
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THK CO., LTD.
THK Announces the impact of COVID-19 on Consolidated Financial Results for the Three Months Ended March 31, 2020.
THK's basic dividend policy is to set its payout ratio on a consolidated basis at 30% and a minimum dividend for a fiscal year at ¥15.00 per share (¥7.5 per share for both interim dividend and year-end dividend). The amounts of dividends for the year ending December 31, 2020 are planned to be determined in accordance with this policy and will be announced as soon as they are determined.
5/25/2020
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General Motors Company
GM recalls third-shift workers in Spring Hill
About 900 third-shift workers at the General Motors production facility in Spring Hill have been told they will return to work June 21.
5/24/2020
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Hyundai Motor Company
Hyundai Provides Business Update and Announces that three employees at Chennai plant test positive for COVID-19.
Hyundai Motor India Ltd (HMIL) on Sunday said its three employees at Chennai-based manufacturing plant have tested positive for COVID-19.
5/24/2020
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ELM Electronics
Amid COVID-19 pandemic, ELM Electronics Reopened as of May 25, 2020.
Life is beginning to return to normal here in Canada, so we now feel that we can safely reopen the business. We still need to take a great many precautions, but that has become the norm and they are becoming routine. It is time to begin serving our customers again, and we are doing so as of Monday, May 25. Although COVID-19 seems to be under control in many countries, it seems that there are still serious concerns around the world – and this directly affects our ability to fill orders.
5/24/2020
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General Motors Company
GM’s Plans to Increase Truck Production Delayed by Parts Shortage
A shortage of parts from Mexico is hampering General Motors Co.’s plans to quickly ramp up production of high-profit pickup trucks, according to a union official and other people familiar with the matter, underscoring the auto industry’s halting restart after a two-month shutdown from the pandemic.
5/22/2020
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TE Connectivity Ltd.
TE Connectivity Provides update on Business Continuity Status amid COVID-19 pandemic as of May 22, 2020.
As we begin to see a global easing of governmental travel restrictions, improving border exemptions reducing material and labor shortages, challenges remain as we move toward normalized operations. We anticipate delays will continue to impact some of our supply chain and shipments.
5/22/2020
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NSK Ltd
Due to the impact of COVID-19, NSK Postpones the release of Fiscal 2019 Financial Results to June 2, 2020.
Due to the effects of the novel coronavirus financial reporting was delayed at our subsidiaries in several countries
5/22/2020
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SUMCO Corporation
SUMCO Reports Financial Results and Covid-19 Update.
During the first quarter of fiscal year 2020 (January 1, 2020–March 31, 2020), the market for semiconductor silicon wafers saw a modest recovery for both 300 and 200 mm wafers in line with expectations, after demand bottomed out in the previous quarter. Almost no negative impact was felt in the quarter from the COVID-19 outbreak, in part because of moves by some customers to increase their safety stock.
5/22/2020
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EBARA Corporation
EBARA Reports financial results for the Fiscal Year Ended December 31, 2019 and Provides COVID-19 Business Update.
During the fiscal year ended December 31, 2019, in the global economy, investment continued at a certain level in the oil and gas market. Although investment in the semiconductor market was stagnant, there were movements of resuming capital investment partly. In Japan, public investment was firm, and private capital investment ran at the same level as in a typical year. Overall, market conditions remained steady.
5/22/2020
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HONDA TSUSHIN KOGYO CO.,LTD.
HONDA TSUSHIN KOGYO Announces notice in response to the cancellation of additional emergency declaration as of May 22, 2020.
Following the termination of the emergency declaration for the three prefectures of Kansai on May 21, the Nagoya and Osaka offices will cease to work from home.
5/22/2020
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Nordson Corp.
Nordson delivers solid quarter considering COVID-19's impact on global end markets.
Nordson Corporation reported second quarter sales of USD 529 million, a 4% decrease compared to the prior year’s second quarter sales of USD 551 million.However, due to the uncertainties of the duration and impact of the COVID-19 pandemic, the company is suspending its previously announced annual guidance for fiscal 2020.
5/22/2020
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Ulvac Inc.
Ulvac Announces Q&As on the supply chain situation due to COVID-19 pandemic.
Sales, general and administrative expenses and fixed manufacturing expenses decreased by \800 million due to a partial reversal of allowance for bonuses linked to business performance that is revised downwards in the latest forecast.➂Sales activities were prevented and fixed costs decreased due to the impact of COVID-19.
5/22/2020
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FUJIFILM Holdings Corporation
FUJIFILM Holdings Announces the impact of COVID-19 on Financial Results for the Fiscal Year ended March 31, 2020.
The consolidated earnings forecast is undecided because of difficulties in caluculating a reasonable forecast at this stage due to the global epidemic of COVID-19. In the future, we will carefully assess its impact on our business performance and will make a public announcement as soon as a reasonable forecast can be disclosed.
5/22/2020
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IQE PLC
Production continues at all of IQE’s global sites amid COVID-19 pandemic as of May 22, 2020.
There have been no material changes to the impact of the pandemic on IQE’s business operations since the last update on 15th May.
5/22/2020
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Facebook, Inc.
FACEBOOK SAYS IT WILL PERMANENTLY SHIFT TENS OF THOUSANDS OF JOBS TO REMOTE WORK
“We’re going to be the most forward-leaning company on remote work at our scale,” CEO Mark Zuckerberg said in an interview with The Verge. “We need to do this in a way that’s thoughtful and responsible, so we’re going to do this in a measured way. But I think that it’s possible that over the next five to 10 years — maybe closer to 10 than five, but somewhere in that range — I think we could get to about half of the company working remotely permanently.”
5/21/2020
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Agilent Technologies, Inc.
Agilent Reports Second-Quarter Fiscal Year 2020 Financial Results and Provides Business Continuity Status amid COVID-19.
Agilent Technologies Inc. (NYSE: A) today reported revenue of $1.24 billion for the second quarter ended April 30, 2020, equal to revenue reported for the second quarter of 2019 and down 1.7% on a core(1) basis.
5/21/2020
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Essentra plc
Essentra Provides COVID-19 Trading Update.
Ahead of our Annual General Meeting (to be held later today), Essentra plc today provides a further trading update on its response to COVID-19.
5/21/2020
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International Business Machines Corporation
IBM Announces First Job Cuts Under New Chief Executive
An unspecified number of employee layoffs come as coronavirus pandemic triggers economic slowdown.International Business Machines Corp. is cutting an unspecified number of jobs in the first major workforce reduction under new Chief Executive Officer Arvind Krishna, who is trying to revive growth at the tech company.
5/21/2020
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Kaga Electronics Co., Ltd.
Kaga Electronics Reports Financial Results for the Year Ended March 2020 and Provides Covid-19 Update.
Consolidated earnings forecasts for the fiscal year ending in March 2021 have not yet been decided as it is difficult at this point to rationally estimate the impact of the novel coronavirus. For details, please refer to page 4 of the appended materials, "1. Results of Operations (4) Future outlook."
5/21/2020
Source
Seagate Technology LLC
Seagate Technology to Open up Patents in Fight Against COVID-19
FREMONT, Calif.--(BUSINESS WIRE)--Seagate® Technology plc (NASDAQ: STX), a world leader in data storage and management solutions, today announced that it has signed the Open COVID Pledge. The pledge grants free access to all of Seagate’s patented technologies to help enable diagnosing, preventing, containing, and treating of COVID-19.
5/21/2020
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Lear Corporation
Lear plant closes temporarily after coronavirus diagnosis.
HAMMOND — They were back to work for just a few days when told Wednesday morning to go home because of another coronavirus infection.
5/21/2020
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Advanced Drainage Systems, Inc.
Despite the impact of COVID-19 pandemic, Advanced Drainage Systems Tops Q4 Earning Estimates and Operations remained up and running.
HILLIARD, Ohio--(BUSINESS WIRE)-- Advanced Drainage Systems, Inc. (NYSE: WMS) (“ADS” or the “Company”), is a leading provider of innovative water management solutions in the stormwater and on-site septic waste water industries today announced financial results for the fourth quarter and fiscal year ended March 31, 2020.
5/21/2020
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Keysight Technologies, Inc.
Keysight Technologies Releases 2019 Corporate Social Responsibility Report regarding COVID-19 outbreak.
Keysight Technologies, Inc. (NYSE: KEYS), a leading technology company that helps enterprises, service providers and governments accelerate innovation to connect and secure the world, has released its 2019 Corporate Social Responsibility (CSR) report detailing the company's environmental, social and governance initiatives worldwide.Amid the COVID-19 pandemic, now more than ever Keysight is demonstrating its commitment to corporate social responsibility.
5/21/2020
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General Motors Company
GM gradually restarts in Mexico as Lear Corp readies for return
MEXICO CITY (Reuters) - General Motors Co (GM.N) said on Thursday it was gradually restarting the transmission and motor lines at its Mexican facilities in Silao and Ramos Arizpe, while U.S. auto parts maker Lear Corp (LEA.N) also geared up for production.
5/21/2020
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Lear Corporation
GM gradually restarts in Mexico as Lear Corp readies for return
MEXICO CITY (Reuters) - General Motors Co (GM.N) said on Thursday it was gradually restarting the transmission and motor lines at its Mexican facilities in Silao and Ramos Arizpe, while U.S. auto parts maker Lear Corp (LEA.N) also geared up for production.
5/21/2020
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General Motors Company
GM to restart part of its plant in Silao, Mexico, Thursday
MEXICO CITY (Reuters) - General Motors Co (GM.N) will restart its eight-speed transmission line at its plant in Silao in Mexico’s Guanajuato state on Thursday, according to a company message sent to workers.
5/21/2020
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Brady Corporation
Brady’s operations are up and running all around the globe and Announces withdrawal of Fiscal 2020 Financial Guidance due to COVID-19 pandemic.
MILWAUKEE, May 21, 2020 (GLOBE NEWSWIRE) -- Brady Corporation (NYSE: BRC) (“Brady” or “Company”), a world leader in identification solutions, today reported its financial results for its fiscal 2020 third quarter ended April 30, 2020.Due to the evolving and uncertain impact of the COVID-19 pandemic, the Company is withdrawing its previously communicated fiscal 2020 financial guidance.
5/21/2020
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Foresight
The COVID-19 pandemic had a minor business impact on Foresight’s operations during the first quarter of 2020.
NESS ZIONA, Israel — May 21, 2020 — Foresight Autonomous Holdings Ltd., an innovator in automotive vision systems (Nasdaq and TASE: FRSX), today reported financial results for the first quarter of 2020. Foresight ended the first quarter of 2020 with $6.8 million in cash and short-term deposits. This amount excludes gross proceeds of an aggregate of $8 million from previously announced offerings that closed on April 30, 2020 and May 21, 2020.
5/21/2020
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Palo Alto Networks, Inc.
Palo Alto Networks stock surges as earnings, outlook boosted by work-from-home.
Non-GAAP net income for the fiscal third quarter 2020 was $114.6 million, or $1.17 per diluted share, compared with non-GAAP net income of $130.1 million, or $1.31 per diluted share, for the fiscal third quarter 2019. A reconciliation between GAAP and non-GAAP information is contained in the tables below.
5/21/2020
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Honeywell International Inc.
Widespread layoffs at Honeywell Aerospace
PHOENIX — Several Honeywell current and former employees have told ABC15 that workers were laid off this week at aerospace facilities across the nation. Honeywell Aerospace is headquartered in Phoenix and is one of several divisions that make up Honeywell International.These layoffs come two weeks after President Trump was in Phoenix touring a Honeywell facility that's making millions of N-95 masks to fight COVID-19. The company announced the mask production would create about 500 manufacturing jobs in Arizona.
5/21/2020
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NVIDIA Corporation
Coronavirus Lifts Nvidia as People Stuck at Home Turn to Games, Remote Work
Strong growth in computer games and remote computing services, driven by people stuck at home during the coronavirus pandemic, lifted earnings for chip maker Nvidia Corp.
5/21/2020
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Tesla
Tesla returns to ‘normal operations’ at U.S. car and battery factories — read the email sent to production workforce
Tesla’s HR boss, Valerie Workman, said in an e-mail to employees on Wednesday night that the company is returning to “normal operations” at its Fremont, California, vehicle assembly plant and Sparks, Nevada, battery factory this week, with some health-related precautions in place.
5/21/2020
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Ford Motor Company
Ford's three shutdowns in two days signal bumpy factory restart
(Bloomberg) — Ford Motor Co. temporarily closed two critical factories three separate times during a two-day period due to suspected Covid-19 cases, a practice that could become the normal course of business as manufacturers try to carry on through the pandemic.
5/20/2020
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TE Connectivity Ltd.
TE Connectivity Provides AD&M Update on Global Operations regarding COVID-19 outbreak as of May 20, 2020.
AD&M’s Hermosillo, Mexico site received approval from the State Government of Sonora to increase its limited production capacity steadily over the next few weeks. Hermosillo’sapproval from the State Government of Sonora is still only to produce only certain parts which support commercial air, medical, and telecommunication industries; however, the list of parts the government is allowing us to produce continues to increase. We expect all parts to be approved for production beginning June 1st , but AD&M will comply with any extension of work stoppages in accordance with local laws and regulations.
5/20/2020
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NCAB CORPORATION
NCAB Provides Business Update regarding Supply Chain Status amid COVID-19 pandemic.
As the coronavirus (COVID-19) has an impact on NCAB Group, our customers and suppliers we are doing everything we can to protect our employees and support our customers and factories. Below you find the latest update on precautions for social responsibility and factory/capacity status.
5/20/2020
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TT Electronics plc
TT Electronics Provides Business Continuity Update regarding COVID-19 pandemic as of May 20, 2020.
As we continue to navigate our way through the COVID-19 pandemic, our focus remains supporting our customers’ needs, while at the same time prioritizing the safety of our people. We are protecting our employees with appropriate social distancing, PPE and those deemed most “vulnerable” are remote working where possible.
5/20/2020
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HIROSE ELECTRIC CO., LTD.
HIROSE ELECTRIC Announces update regarding measures under the state of emergency in Japan amid the spread of COVID-19 pandemic.
Following the state of emergency declaration by the government, HIROSE employees belonging to the offices stated below, have been working from home and refraining from going to the office in order to prevent the spread of covid-19 from April 8. Regarding the offices apart from those that are mentioned below (Chubu Sales Office, West Japan Sales Office and Kitakanto Sales Office), the employees gradually started to go to the offices since today. The employees belonging to the below target offices that are still under the state of emergency, will continue to work from home.
5/20/2020
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Ford Motor Company
Virus forces Ford to temporarily idle Michigan, Illinois plants
Ford (NYSE:F) has stopped production at its F-Series pickup factory in Dearborn, Mich., and Explorer SUV facility in Chicago.
5/20/2020
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Ford Motor Company
Ford temporarily closes two plants after three workers test positive for coronavirus
Ford Motor closed and then reopened its Chicago Assembly plant twice in less than 24 hours after two workers tested positive for Covid-19, the company confirmed Wednesday.
5/20/2020
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Honeywell International Inc.
Honeywell Closing Texas Brake Plant Next Year amid the government coronavirus lock down orders that have crushed the airline industry.
GREEN ISLAND, N.Y.— Honeywell is closing its Green Island factory that makes airplane brakes amid the government coronavirus lock down orders that have crushed the airline industry.
5/20/2020
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Lenovo Group Limited
Lenovo profit beats estimates, sees growth as more people work from home
HONG KONG (Reuters) - Lenovo Group, the world’s biggest maker of personal computers, reported a deep slump in fourth-quarter profit due to disruptions caused by the coronavirus crisis, although the result was far better than expectations.
5/20/2020
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Xperi Corporation
Xperi has been closely monitoring the COVID-19 pandemic and the impacts on its business.
In December 2019, a novel strain of coronavirus was reported to have surfaced in Wuhan, China, and has since spread to a number of other countries, including the United States. In March 2020, the World Health Organization declared coronavirus disease (“COVID-19”) a pandemic. In an effort to protect the health and safety of Xperi’s employees, Xperi took proactive, aggressive action from the earliest signs of the outbreak to adopt social distancing policies at our locations around the world, including working from home, limiting the number of employees attending meetings, and suspending employee travel. In an effort to contain COVID-19 or slow its spread, governments around the world have also enacted various measures, including orders to close all business locations not deemed “essential,” isolate people to their places of residence, and practice social distancing when engaging in essential activities.
5/20/2020
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Shimadzu Corporation
Impact of COVID-19 on Shimadzu's Operating Results and Financial Position (For the Fiscal Year Ended March 31, 2020).
In the fiscal year ended March 31, 2020, the economy slowed somewhat in China due to factors such as the expanding impact from the increasingly long-term trade frictions between China and the United States, the economy continued to improve in North America due to strong consumer spending and other factors, and the economy modestly improved in Japan due to improvements in hiring and other factors. As a result, an overall recovery trend continued through the first three quarters.
5/20/2020
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Rolls-Royce Holdings plc
Rolls-Royce is cutting at least 9,000 jobs as the coronavirus slams aviation
London (CNN Business)Aircraft engine maker Rolls-Royce is cutting at least 9,000 jobs because of the collapse in demand for air travel caused by the coronavirus pandemic.
5/20/2020
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Analog Devices, Inc.
Despite the spread of COVID-19 pandemic, Analog Devices Q2 Earnings Surpass Estimates.
NORWOOD, Mass.--(BUSINESS WIRE)--May 20, 2020-- Analog Devices, Inc. (Nasdaq: ADI), a leading global high-performance analog technology company, today announced financial results for its second quarter of fiscal 2020, which ended May 2, 2020.
5/20/2020
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RBC Bearings Inc.
Despite the impact of COVID-19 outbreak, RBC Bearings Remains in Operation and Meets Q4 Earnings Estimates.
OXFORD, Conn.--(BUSINESS WIRE)--May 20, 2020-- RBC Bearings Incorporated (Nasdaq: ROLL), a leading international manufacturer of highly engineered precision bearings and components for the industrial, defense and aerospace industries, today reported results for the fourth quarter of fiscal year 2020.
5/20/2020
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Lenovo Group Limited
Lenovo Announces Fy2019/20 Annual Results and COVID-19 Update.
Revenue remained largely stable despite macro challenges and continuing component shortages; pre-tax profit grew by double-digits thanks to strength in PC and Smart Device (PCSD) and profit improvement of Mobile Business Group (MBG) and Data Center Group (DCG)
5/20/2020
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Intel Corporation
Intel's confidence in Chinese market remains unshaken
The coronavirus pandemic has not shaken the U.S. tech giant Intel's confidence in the Chinese market. Rather, the swift response to the pandemic, the newly-introduced "trillion yuan" infrastructure project and a better business environment to foreign businesses after the launch of the new foreign investment law have encouraged and prompted the multinational company to further boost its investment in the country, according to Intel's China head.
5/20/2020
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Azbil Corporation
Azbil Reports Financial Results for the Fiscal Year Ended March 31, 2020 and Provides COVID-19 Business Update.
There was an increase in orders received for the LA business, but AA business performance remained sluggish owing to the overall downturn in markets for manufacturing equipment throughout the year. This resulted in an overall decrease of 2.3% from FY2018.
5/20/2020
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Molex Incorporated
Molex Provides Global Operations Update regarding COVID-19 pandemic as of May 20, 2020.
We want to thank you for your continued patience in these very challenging times. With government restrictions beginning to ease in more geographies, Molex is starting to implement the third phase of our global pandemic plan. In this phase, the focus will be on ensuring a Safe Return to the Workplace as we endeavor to resume full operations and fulfill customer orders at all our sites.
5/20/2020
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Nordson Corp.
Nordson Reports the impact of COVID-19 on Fiscal Year 2020 Second Quarter Results.
WESTLAKE, Ohio--(BUSINESS WIRE)-- Nordson Corporation(Nasdaq: NDSN) today reported results for the second quarter of fiscal year 2020. For the quarter ended April 30, 2020, sales were $529 million, a 4 percent decrease compared to the prior year’s second quarter sales of $551 million. This change in second quarter 2020 sales included a decrease in organic volume of approximately 3 percent, growth from the first year effect of acquisitions of less than 1 percent, and a decrease related to the unfavorable effect of currency translation as compared to the prior year’s second quarter of approximately 1 percent.
5/20/2020
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Horiba Ltd.
Horiba Reports the impact of COVID-19 on Consolidated Financial Statements for the Three Months Ended March 31, 2020.
With regard to consolidated earnings forecasts, the forecasts announced on February 14, 2020 were withdrawn on April 16, and new forecasts have not been determined. It will be disclosed as soon as forecasts become available.
5/20/2020
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PRIDE Industries
PRIDE Industries Provides Important Work and Day Program Update amid the spread of COVID-19 pandemic.
As we navigate through these uncertain times, we are finding that the proposed re-start of our services continues to be pushed out to align with state and county guidance. PRIDE is committed to providing a safe and healthy place for our employees and individuals receiving services. We miss you all and are so disappointed to share that we will not be able to re-start Work and Day Programs on Tuesday, May 26, 2020.
5/19/2020
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Batt Cables PLC
Bürklin Completed operational reviews for all sites in relation to Coronavirus.
Batt Cables Plc have completed operational reviews for all sites in relation to Coronavirus.
5/19/2020
Source
Lem Holding SA
Lem Holding Reports Full Year Results 2019/20 and Provides Business Continuity Status amid COVID-19 outbreak.
Covid-19 impact to date: China closed 3 weeks, returned full capacity end March Switzerland, Bulgaria running at full capacity throughout, Sanitary measures for all sites, home-office experience successful
5/19/2020
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Espec Corp.
Espec Provides Business Update regarding COVID-19 pandemic.
ESPEC takes the health and safety of our employees seriously. ESPEC is committed to minimizing the risk of exposure to COVID-19 in all work activities, and we have instituted various housekeeping, social distancing and other rules to ensure a safe work environment. Our employees are required to follow these practices and make sure they are being efficient.
5/19/2020
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Bud Industries, Inc.
Bud Industries Remains in operation amid the spread of COVID-19 outbreak.
Even while we are continuing to work as an essential business producing electronic enclosures, especially NEMA rated enclosures, it is hard to focus on anything other than the Covid-19 crisis. We are based in Ohio and no matter your politics, our governor has been in the forefront of the effort nationally to develop safe procedures and processes.
5/19/2020
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Uber Technologies Inc.
Uber Cuts 3,000 More Jobs, Shuts 45 Offices in Coronavirus Crunch
Federal Reserve Chairman Jerome Powell says the U.S. faces a long, uncertain recovery; as Western countries slowly reopen, clusters appear in Asia; Softbank reports big losses. WSJ’s Jason Bellini has the latest on the pandemic. Photo: Johannes Eisele/Agence France-Presse/Getty Images
5/19/2020
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Microsoft Corporation
Microsoft CEO Satya Nadella applauds tech's response to COVID-19
Microsoft CEO Satya Nadella began a keynote address for his company's Build developer event by pointing to all the ways tech companies have been supporting health care, science, entertainment and work throughout the crisis.
5/19/2020
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EBARA Corporation
EBARA Announces that one employee at EBARA Haneda Office tested positive for the Novel Coronavirus.
On May 16, 2020, it was confirmed that one employee of a subconctracting company at EBARA Haneda Office tested positive for the Novel Coronavirus. Currently we are taking the following measures.
5/19/2020
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Infineon Technologies AG
Infineon Technologies Provides Business Continuity Customer Notification as of May 19, 2020.
Our Assembly & Test factory in Tijuana (Mexico) is currently still in operation at a limited volume. The Mexican Federal Government presented a plan to re-open the economy starting 1 June 2020.
5/19/2020
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Pegatron Corporation
Pegatron swings to operating loss in 1Q20 due to the impact of COVID-19 pandemic.
Pegatron has reported operating losses of NT$282 million (US$9.4 million) for the first quarter of 2020 with company chairman TH Tung noting that the losses were primarily from its chassis subsidiary Casetek Holdings.
5/19/2020
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Isahaya Electronics Corporation
Isahaya Electronics Provides Business Update regarding COVID-19 as of May 19, 2020.
Regarding the operation of our overseas production bases due to the outbreak of new coronavirus infection, we will inform you of the situation as of Wednesday, May 13 as follows.
5/19/2020
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Transcat, Inc.
Transcat Tops Q4 Revenue Estimates despite the impact of COVID-19 pandemic.
ROCHESTER, NY, May 19, 2020 – Transcat, Inc. (Nasdaq: TRNS) (“Transcat” or the “Company”), a leading provider of accredited calibration, repair, inspection and laboratory instrument services and value-added distributor of professional grade handheld test, measurement and control instrumentation, today reported financial results for its fourth quarter and fiscal year ended March 28, 2020 (“fiscal 2020”). Results include the previously reported acquisitions of Gauge Repair Service, effective April 1, 2019, and TTE Laboratories, Inc. (“TTE”), effective February 21, 2020.
5/19/2020
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Raven Industries, Inc.
Raven Industries Reports First Quarter Fiscal 2021 Results and Provides COVID-19 Business Update.
Sioux Falls, S.D. (May 19, 2020) — Raven Industries, Inc. (the Company; NASDAQ:RAVN) today reported financial results for the first quarter that ended April 30, 2020.
5/19/2020
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Wi2Wi
Wi2Wi Remained profitable while adapting to meet the needs of key customers amid the COVID-19 pandemic.
TORONTO, ON / May 19, 2020 / Wi2Wi Corporation today announced its unaudited consolidated financial results for the quarter ending March 31, 2020. The company remained profitable while adapting to meet the needs of key customers amid the COVID-19 pandemic.
5/19/2020
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ON Semiconductor Corporation
ON Semiconductor Focusing On Community In Time Of COVID-19
COVID-19 has been tough on everyone. Many companies have had to make many tough decisions during the COVID-19 pandemic and have been challenged to make the correct financial decisions and cost-cutting measures that will allow them to continue operations.
5/18/2020
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Cristek Inc
Cristek Remains open and operational throughout COVID-19 pandemic with limited disruptions.
Cristek has, thankfully, been able to remain open and operational throughout the pandemic. Throughout these past few weeks, only our Anaheim facility had any closure impacts which was limited to only a single day in early April. We were able to validate our status as an essential business, used the day to implement significant health and safety protocols, and immediately reopened the following day. Since then, however, we continue to have higher than usual absences across all sites as well as minor supply chain disruptions that have impacted operations. We maintain daily communication with our employees and supplier partners to mitigate risks to employee health and supplier performance.
5/18/2020
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Foxconn Electronics Inc.
Pandemic Drives Foxconn Profits Down Nearly 90 Percent
Electronics manufacturer Foxconn, best known for assembling Apple’s iPhones, has reported profits down nearly 90 percent for the first quarter, as the coronavirus pandemic disrupted supply chains worldwide.
5/18/2020
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Ford Motor Company
Amid COVID-19 outbreak, Ford Resumes U.S. Production and Operations.
Ford started resuming production and operations in the United States today. The company has implemented robust safety and care measures globally to help support a safe and healthy environment for the company’s workforce, including health assessment measures, personal protective equipment and facility modifications to increase social distancing.
5/18/2020
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Inventronics (Hangzhou) Co., Ltd.
Inventronics Announces Update Regarding Impact of COVID-19 as of May 18, 2020.
The Inventronics Indian manufacturing center remains closed through May 31st in compliance with government guidelines. Sales and support functions in India remain open through remote capabilities. Our other global offices including North American and European distribution centers remain open to serve our customers. In all our facilities, Inventronics has made accommodations to ensure employee safety including allowances to work remote, split work shifts and enhanced cleaning procedures.
5/18/2020
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Cicor Group
Due to the impact of COVID-19, Cicor's production sites Remains in operation at limited capacity and Updates its outlook for the results of the first half-year 2020.
The production sites of the Cicor Group have so far been in operation at all times during the course of the COVID-19 pandemic. Thanks to the implemented protective measures, the ability to deliver to customers was ensured at all times and at the same time the employees were protected against an infection with the new coronavirus, the company writes in the update.
5/18/2020
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NKK SWITCHES CO., LTD.
NKK SWITCHES Provides Statement regarding Operational Status at its factory in Philippines amid COVID-19 pandemic.
This is a quick update on the production situation in the Philippines. Our factory was set to resume production on 18 May after a closedown period of several weeks. As of today, access to Mactan Island, where our production site is located, is still heavily restricted due to Anti-COVID-19-measures by the government. As a result, the production is defacto still paused in the Philippines. We will inform you as the situation changes. Please keep monitoring our backlog reports for any backorder-related updates.
5/18/2020
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SHINDENGEN ELECTRIC MANUFACTURING CO., LTD.
SHINDENGEN ELECTRIC MANUFACTURING Provides update regarding Business Continuity Status amid COVID-19 pandemic as of May 18, 2020.
We would like to inform you about the effects of the new coronavirus infectious disease ( COVID-19 ) on the production and shipment of our group.
5/18/2020
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Keystone Electronics Corp.
Keystone Electronics Provides Business Update regarding COVID-19 outbreak.
We remain functional with our weekly shipment and available to respond to any of your request.
5/18/2020
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Kitz SCT America
Kitz SCT America Announces Notice regarding work system for new coronavirus measures as of May 17, 2020.
Emergency declaration '' based on the new coronavirus special measure is specified Due to the extension of the warning period for prefectures and cancellation of the `` emergency declaration '' for other regions, our work system is as follows: We will inform you as soon as possible.
5/17/2020
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General Motors Company
GM tells Mexico workers it plans May 20 restart at Silao plant
MEXICO CITY (Reuters) - General Motors Co is tentatively planning to restart operations at its auto assembly plant in the Mexican city of Silao on May 20, according to a message to workers seen by Reuters on Sunday, as the car industry prepares to exit the coronavirus lockdown.
5/17/2020
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Lattice Semiconductor Corporation
Lattice Semiconductor Supply Chain Status amid COVID-19 pandemic.
The Lattice Supply Chain utilizes a broad, diverse global supply base. Our primary silicon foundries are located across multiple countries, including Japan, Taiwan, and Korea. Similarly, our Offshore Assembly & Test partners are located across Taiwan, the Philippines, and Malaysia.
5/17/2020
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The Walt Disney Company
Disney Springs to partially reopen on May 20
While our theme parks and resort hotels remain temporarily closed, the phased reopening of Disney Springs is a welcome milestone, Disney Springs (NYSE:DIS) Vice President Matt Simon said in a statement. Safeguards to protect employees from the coronavirus will be in place at the entertainment and shopping complex.
5/17/2020
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Fiat Chrysler Automobiles N.V.
FCA talks about response to worker sick with COVID-19, safe restart of plants
FOX 2 - As Fiat Chrysler gets ready to resume production Monday, some employees say they are still worried that the automaker isn't doing enough to protect them from the coronavirus.
5/16/2020
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Toyota Motor Corporation
Toyota plans to cut Japan car output by 122,000 units in June due to coronavirus
Toyota Motor Corp on Friday said it would reduce vehicle production in Japan by 122,000 units in June, as a lack of demand for new cars due to the coronavirus prompts the automaker to keep its plants running on limited operations.
5/16/2020
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Amazon.com, Inc.
Amazon reopening French warehouses on May 19
According to a statement to Bloomberg, Amazon (NASDAQ:AMZN) will gradually reopen its six warehouses in France starting on May 19.
5/15/2020
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Apple Inc.
Apple to Reopen 10 of 17 Retail Stores in Italy Next Week
Apple Inc. said it plans to reopen 10 of its 17 stores in Italy next week, the latest move to revive a retail sales network that was hammered by the Covid-19 pandemic.
5/15/2020
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Solvay Group
Belgian giant Solvay to shut two UK and US plants
Belgian chemical giant Solvay announced Friday it will close composite materials plants in Britain and the United States and cut around 570 jobs, 20 percent of its global workforce.
5/15/2020
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AmpliTech Group, Inc.
Amplitech Tops Q1 Revenue Estimates despite the impact of COVID-19 on its Production Sites in New York.
Bohemia, NY, May 15, 2020 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- AmpliTech Group, Inc. (OTCQB: AMPG): AMPG today reported increased revenue for the first quarter of 2020, notwithstanding the negative impact that the closure of its two facilities in New York, due to COVID-19 had on its business
5/15/2020
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CBAK Energy Technology, Inc.
CBAK Energy Technology business operations have been and may continue to be materially and adversely affected by the outbreak of the coronavirus (COVID-19).
CBAK Energy Technology, Inc. (the “Company”) will be unable to file its Quarterly Report on Form 10-Q for the quarter ended March 31, 2020 (the “10-Q”) by May 15, 2020 due to circumstances related to COVID-19. The Company is relying on the SEC order under Section 36 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), dated March 25, 2020 (Release No. 34-88465) to extend the due date for the filing of the 10-Q. The Company expects to file the 10-Q on or before June 29, 2020 (45 days after the original due date).
5/15/2020
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Transfer Multisort Elektronik Sp. z o.o.
Despite the impact of COVID-19 pandemic, Transfer Multisort Elektronik Remains fully operational.
Despite the difficulties we all face due to the COVID-19 pandemic, TME does not suspend its operations. The sales department operates in standard business hours, and the distribution center carries out orders continuously.
5/15/2020
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discoverIE Group plc
discoverIE Group Provides statement on Business Operational Status and Covid-19 trading update.
discoverIE Group plc (LSE: DSCV, “discoverIE” or the “Group”), a leading international designer, manufacturer and supplier of customised electronics to industry, today issues a trading update for the year ending 31 March 2020.
5/15/2020
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Variosystems
Current impact of the coronavirus on Variosystems as of May 15, 2020.
Enclosed you will find a current overview of our locations – the situation may change daily.
5/15/2020
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HONDA TSUSHIN KOGYO CO.,LTD.
HONDA TSUSHIN KOGYO Provides Business Update regarding COVID-19 pandemic as of May 15, 2020.
Following the cancellation of part of the emergency declaration on May 14, the Azumino Plant will ease the shift leave currently underway.
5/15/2020
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Foxconn Electronics Inc.
Apple Supplier Foxconn, Hit By Coronavirus, Posts 90% Profit Drop
Foxconn Technology Group, Apple Inc.’s biggest supplier, was the latest global manufacturer whose profit was dented by the coronavirus pandemic, posting a 90% year-over-year decline in the first quarter after it shut down plants in China for weeks during that period.
5/15/2020
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Fuji Electric Co. Ltd.
Due to the impact of COVID-19 outbreak, Fuji Electric Postpones the release of Financial Results for Fiscal Year Ended March 31, 2020 to May 29, 2020.
Fuji Electric Co., Ltd., provides notification that the date for the announcement of its financial results for the fiscal year ended March 31, 2020, has been decided as follows. As explained in the news release entitled “Notice of Postponement of Announcement of Financial Results for Fiscal Year Ended March 31, 2020” on April 14, 2020, this announcement had previously been postponed due to delays in calculating and auditing financial results that was attributable to the impacts of the COVID-19 pandemic.
5/15/2020
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poLight ASA
poLight ASA Remains in operation amid COVID-19 pandemic and Reports first quarter 2020 financial results.
Horten, 15 May 2020 - poLight ASA (OSE: PLT) today announced its results for first quarter of 2020.
5/15/2020
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Panasonic Corporation
Panasonic Provides Business Continuity update amid the impact of COVID-19 outbreak.
In order to reduce the spread of the Coronavirus (COVID-19), the Malaysia government announced a “Restricted Movement Order,” which closes almost all businesses from March 18, 2020 through May 13, 2020 which has just ended.
5/15/2020
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First Sensor AG
First Sensor Sees Minor Coronavirus Effects in the First Quarter.
In the first quarter of fiscal 2020, the First Sensor Group generated sales of €38.8 million (previous year: €41.4 million) and was therefore roughly on a par with the previous quarter. The effects of the coronavirus pandemic initially affected only plant closures by Chinese customers and, late in the quarter, European customers too. They initially had little impact on sales.
5/15/2020
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CTS Corporation
CTS Provides update regarding Business Continuity Status in Malaysia amid COVID-19 outbreak as of May 15, 2020.
Malaysia sees many positive developments in its fight against COVID-19, the efforts have not fully succeeded. As such, the Movement Control Order (MCO) has been extended for a further month until June 9. This is a fourth extension. Although CTS is granted a 2-shift waiver from the authority, non-essential businesses and schools are still shut. Domestics and International travel are also prohibited. As a result, the attendance of our operators and technical experts are way below the expectation.
5/15/2020
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Microsoft Corporation
Microsoft Issues Security Data on COVID-19-Themed Cyberattacks
Microsoft has publicly released its COVID-19 threat intelligence data in efforts to inform customers of new approaches in cyberattacks.
5/15/2020
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Nichia Corp.
Due to the impact of COVID-19 outbreak, Nichia Extends period of working from home to May 29, 2020.
Nichia has a social responsibility perspective to prevent the spread of new coronavirus infections. From the point of view, we used to work from home (telework) for employees. We would like to inform you that we have decided to extend it as follows. We apologize for the inconvenience caused to our business partners and other parties concerned. We appreciate your understanding.
5/15/2020
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Forward Industries, Inc.
Forward Industries delays 10-Q due to pandemic.
On March 25, 2020, the Securities and Exchange Commission (the “Commission”) issued an order under Section 36 of the Securities Exchange Act of 1934 (the “Exchange Act”), modifying exemptions from the reporting requirements for public companies (Release No. 34-88465) (the “Order”), which allows companies to delay the filing of certain reports required under Section 13(a) or 15(d) of the Exchange Act for up to 45 days from the original filing deadline if a company is unable to timely file such report by the original filing deadline due to circumstances related to the 2019 novel coronavirus (“COVID-19”) pandemic.
5/15/2020
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Omphalos, Corp
Omphalos results of operations could be adversely affected by general conditions in the global economy including the outbreak of COVID-19.
Our results of operations could be adversely affected by general conditions in the global economy, including conditions that are outside of our control, such as the impact of health and safety concerns from the outbreak of COVID-19. The outbreak in China has resulted in the temporary closures of factories as mandated by the provincial governments in various provinces of China from late January to March, which has adversely affected our ability to supply equipment, services and related products to our customers. Due to the Chinese factories' shutdowns and traffic restrictions during the outbreak in China and potential shutdowns and traffic restrictions in the countries where our suppliers are located, our supply chain and business operations of our suppliers may be affected. Disruptions from the closure of supplier and manufacturer facilities, interruptions in the supply of raw materials and components, personnel absences, or restrictions on the shipment of our or our suppliers' or customers' products, could have adverse ripple effects on our manufacturing output and delivery schedule. We also face difficulties in collecting our accounts receivables due to the effects of COVID-19 on our customers and risk gaining a large amount of bad debt. Global health concerns, such as COVID-19, could also result in social, economic, and labor instability in the countries and localities in which we or our suppliers and customers operate.
5/15/2020
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Tesla
Panasonic resumes work at Tesla Nevada facility, delays New York start
Panasonic (OTCPK:PCRFY) has resumed work making batteries at Tesla's (NASDAQ:TSLA) Nevada Gigafactory, The Verge reports.
5/15/2020
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Murata Manufacturing Co., Ltd.
Murata Manufacturing Provides update regarding Business Continuity amid COVID-19 pandemic.
Partial Government reopening has been approved. Murata Philippine’s (PMM) will resume shipments from May 18th. Limited factory operation has resumed under strict health and safety protocols. With our current ramp-up schedule, full production is targeted for August 2020.
5/15/2020
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IRCE S.p.A.
IRCE S.p.A. Announces the impact of COVID-19 pandemic on consolidated financial statements for the year ended at 31st March 2020.
The Board of Directors has today approved the consolidated financial statements as at 31st March 2020. IRCE Group’s first quarter 2020 (hereinafter also the "Group") closed with a loss of € 0.87 million.
5/15/2020
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Sanken Electric Co., Ltd.
Sanken Electric Announces the impact of COVID-19 pandemic on FY 2019 Consolidated Financial Results.
The full-year consolidated financial forecast for the year ending March 31, 2021, is undecided, as it is currently difficult to reasonably calculate the impact of the novel coronavirus disease (COVID-19).
5/15/2020
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VARTA AG
VARTA AG makes positive start to new fiscal year 2020 with sharp increases in revenue and Continues production despite the spread of COVID-19 outbreak.
VARTA AG is today publishing its figures for the first quarter of 2020 – including the consolidated figures of the acquired European VARTA Consumer Batteries business (VARTA Consumer) for the first time following its acquisition. The Group has made a positive start to the new fiscal year, building upon the substantial organic growth in revenue and income achieved in the past. Group revenue grew by 170.3% in the first quarter to € 198.5m. Organic revenue growth, excluding the first-time consolidation of VARTA Consumer, amounted to 68.2%. Adjusted EBITDA increased by 197.0% to € 51.7m. Excluding VARTA Consumer, adjusted EBITDA rose by 135.0%. The adjusted EBITDA margin improved by 2.3PP to 26.0%, while Group profit rose by 265% to € 24.5m.
5/15/2020
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ELECOM CO. ,LTD.
ELECOM Provides notification regarding support system for preventing the spread of new coronavirus infection (COVID-19).
We would like to express our deepest sympathies and condolences to all those who died of the new coronavirus infection and their families and related persons. We will reduce the support system for the work of ELECOM General Information Center and each product support window in order to prevent infection of new type coronavirus infectious disease, prevent the spread of infection, and respond to business continuity.
5/15/2020
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Hitachi Metals, Ltd
Due to the impact of COVID-19, Hitachi Metals Rescheduled Announcement of Consolidated Financial Results for the Fiscal Year Ended March 31, 2020 to May 27, 2020.
As announced in the press release entitled “Notification Regarding the Announcement of Consolidated Financial Results for the Fiscal Year Ended March 31, 2020 (Postponement)” issued on April 13, 2020, Hitachi Metals’ consolidated accounting procedures for the fiscal year ended March 31, 2020 have been delayed by lockdowns in regions around the world due to the spread of COVID-19, which has caused delays in the accounting procedures of overseas subsidiaries, and the announcement of financial results for the fiscal year ended March 31, 2020 was expected to be made from mid-May onwards.
5/14/2020
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NOTE Norrtelje AB
Note Reopens plant in Windsor and Announces that Q2 showed strong development.
At the end of March, the EMS provider suspended production at its plant in Windsor, UK, following the British authorities' decision to limit all unnecessary travel and industrial operations. Now, things are moving forward.
5/14/2020
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AT & S Austria Technologie & Systemtechnik Aktiengesellschaft
AT & S Delivered solid results for the financial year 2019/20 despite the spread of COVID-19 and Provides Business Update.
AT&S delivered solid results for the financial year 2019/20 despite a challenging operating environment (e.g. trade conflict China-USA, Brexit, global economic downturn and COVID-19). Strategically, AT&S is on a promising course. Globally the past financial year was heavily influenced by a significant slowdown of the economy and the outbreak of the COVID-19 pandemic.
5/14/2020
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Ulvac Inc.
Ulvac Reports FY2019 for First to Third Quarter Financial Results and Provides Business Update regarding COVID-19 pandemic.
Both gross profit margin and operating profit margin were in high level because the fixed cost decreased due to the impact COVID-19.
5/14/2020
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ADDvantage Technologies Group, Inc.
ADDvantage Technologies Reports Financial Results for Second Quarter of Fiscal 2020 and Announces Business Continuity Update regarding COVID-19 pandemic.
CARROLLTON, Texas, May 14, 2020 (GLOBE NEWSWIRE) -- ADDvantage Technologies Group, Inc. (NASDAQ: AEY) (“ADDvantage Technologies” or the “Company”) today reported its financial results for the three- and six-month periods ended March 31, 2020.
5/14/2020
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Costar Technologies Inc
Despite the impact of COVID-19, Costar Technologies Tops Q1 Revenue Estimates and Remains in operation as an Essential Business.
Coppell, Texas – May 14, 2020 – Costar Technologies, Inc. (the “Company”) (OTC Markets Group: CSTI) announced today its financial results for the first quarter ended March 31, 2020 that have been reviewed by the independent accounting firm BKD, LLP.
5/14/2020
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Cypress Semiconductor Corporation
Cypress Provides Update on Business Continuity regarding COVID-19 outbreak as of May 14, 2020.
Cypress, an Infineon Technologies Company (refered to in this letter as Cypress), remains dedicated to providing our customers and channel partners with up-to-date communications as they pertain to our supply chain capabilities. Cypress has a global manufacturing supply chain network that includes manufacturing facilities and partners located in countries around the world.
5/14/2020
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One Stop Systems, Inc.
OSS Reports Q1 2020 Revenue Up 33% to $13.4 Million and Provides Business Continuity Status amid COVID-19 pandemic.
ESCONDIDO, Calif., May 14, 2020 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a global leader in specialized high-performance edge computing and AI on the Fly®, reported record results for its first quarter ended March 31, 2020.
5/14/2020
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SUN Electronic Industries Corporation
SUN Electronic Industries Announces measures in response to the COVID-19 pandemic.
First of all, we would like to express our deepest condolences to those who lost their lives, and sympathies to the patients and their families who are suffering from COVID-19 infection.
5/14/2020
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SAF Tehnika
During the Covid-19 pandemic, all offices and the manufacturing facility of SAF Tehnika are operating normally.
For Q3 of the FY 2019/2020, the Group's unaudited consolidated net turnover was 4.52 million euros, which is by 24% more than in Q3 of the FY 2018/2019. The Group ended the Q3 of FY 2019/2020 with a profit of EUR 158 thousand (unaudited). The unaudited consolidated result for 9 months of the FY 2019/2020 is profit of EUR 610 thousand.
5/14/2020
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Kemet Corporation
Despite the impact of COVID-19 pandemic, KEMET's Fourth Quarter results Exceeded revenue guidance.
FORT LAUDERDALE, Fla., May 14, 2020 (GLOBE NEWSWIRE) -- KEMET Corporation (the “Company”) (NYSE: KEM), a leading global supplier of electronic components, today reported preliminary results for the fourth quarter and fiscal year ended March 31, 2020.
5/14/2020
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Hua Hong Semiconductor Limited
Hua Hong Semiconductor Limited Announces that 2020 First Quarter Results Affected by COVID-19 pandemic and Provides Business Update.
Hong Kong Special Administrative Region of the People’s Republic of China – May 14, 2020. Hua Hong Semiconductor Limited (SEHK: 1347) (the “Company”), a global, leading pure-play foundry, today announced its consolidated operational results for the quarter ending March 31, 2020.
5/14/2020
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eMagin Corporation
Despite the spread of COVID-19 pandemic, eMagin Remains in operations as an essential business and Announces that Revenue for First Quarter 2020 exceeds guidance at $6.7 million for First Quarter 2020.
HOPEWELL JUNCTION, N.Y.--(BUSINESS WIRE)--May 14, 2020-- eMagin Corporation, or the “Company”, (NYSE American: EMAN), a leader in the development, design and manufacture of Active Matrix OLED microdisplays used in Military and Commercial AR/VR devices, and other near-eye imaging products today announced results for the first quarter 2020.
5/14/2020
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CKD USA Corporation
CKD USA Announces the impact of COVID-19 on consolidated results for the current fiscal year.
In the Japanese economy during the fiscal year under review, the employment situation and income environment continued to improve, but their growth slowed. Corporate profits continued to stagnate in the manufacturing industry due to sluggish exports to China, and there were signs that companies were postponing capital investment.
5/14/2020
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Lantronix, Inc.
Despite significant supply chain and business disruption due to COVID-19 , Lantronix Tops Q3 Earnings and Revenue Estimates.
Irvine, CA – May 14, 2020 – Lantronix, Inc. (NASDAQ: LTRX), a global provider of secure data access and management solutions for the industrial Internet of Things (IoT), today reported results for the third quarter of fiscal 2020 that ended March 31, 2020.
5/14/2020
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Honda Motor Co., Ltd.
Honda to resume production in Britain next month
Japanese automaker Honda Motor will restart its British plant, which has remained closed due to the coronavirus pandemic since mid-March.
5/14/2020
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Ballantyne Strong, Inc.
Amid the spread of COVID-19, Strong/MDI Screen Systems a wholly owned subsidiary of Ballantyne Strong Resumed Manufacturing Operations.
Joliette, Quebec, Canada , May 14, 2020 (GLOBE NEWSWIRE) -- Strong/MDI Screen Systems, Inc., a wholly owned subsidiary of Ballantyne Strong, Inc. (NYSE American: BTN), and a leader in projection screen manufacturing and optical coating development for cinemas, commercial venues and amusement parks worldwide (“Strong MDI”), is pleased to announce that it has returned to full production capacity in compliance with government directives and workplace sanitation protocols.
5/14/2020
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CSP Inc.
CSP Reports Fiscal Year 2020 Second Quarter Financial Results and Provides COVID-19 Business Update.
LOWELL, Mass., May 14, 2020 (GLOBE NEWSWIRE) -- CSP Inc. (NASDAQ: CSPI), a provider of security and packet capture products, managed IT and professional services and technology solutions, reported financial results for the 2020 fiscal second quarter ended March 31, 2020 and provided a business update.
5/14/2020
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Stratasys Ltd.
Stratasys Withdraws its 2020 financial guidance for revenue and Provides COVID-19 update.
MINNEAPOLIS & REHOVOT, Israel--(BUSINESS WIRE)-- Stratasys Ltd. (NASDAQ: SSYS) announced financial results for the first quarter of 2020.
5/14/2020
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Kioxia Corporation
Kioxia Reports Financial Results for FY2019 ended March 31, 2020 and Provides Business Continuity Status amid COVID-19 outbreak.
On April 1, 2017, Toshiba Corporation spun off its memory business into the former Toshiba Memory Corporation (“Former TMC”). On June 1, 2018, Toshiba Corporation sold all of the shares of Former TMC to K.K. Pangea, a special purpose acquisition company formed by a consortium led by Bain Capital Private Equity, LP, and as a result, Former TMC became a wholly-owned subsidiary of K.K. Pangea. On August 1, 2018, K.K. Pangea merged with Former TMC, with K.K. Pangea as the legally surviving entity.
5/14/2020
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Trio-Tech International
Trio-Tech International Announces the Extension for Filing of Quarterly Report on Form 10-Q for the Quarter Ended March 31, 2020, due to Coronavirus.
On March 4, 2020, the U.S. Securities and Exchange Commission (the “SEC”) issued an order under Section 36 (Release No. 34-88318) of the Securities Exchange Act of 1934, as amended (“Exchange Act”), granting exemptions from specified provisions of the Exchange Act and certain rules thereunder. On March 25, 2020, the order was modified and superseded by a new SEC order (Release No. 34-88465), which provides conditional relief to public companies that are unable to timely comply with their filing obligations as a result of the novel coronavirus (“COVID-19”) outbreak (the “SEC Order”).
5/14/2020
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Espec Corp.
ESPEC coming back to full production
Our production facility is now ramping back up to full production after our “Stay Home” order related to COVID-19 was lifted starting 5/11/2020. Your business is important to us and we appreciate your trust in us to handle your environmental test equipment needs.
5/14/2020
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Japan Aviation Electronics Industry, Ltd.
Operation status of JAE Group manufacturing bases due the effect of Coronavirus Disease (COVID-19), as of May 14.
Please be informed the operation status of the JAE Group's manufacturing bases due to the COVID-19.
5/14/2020
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Nova Measuring Instruments Ltd.
Despite the impact of COVID-19, Nova performed well during First Quarter 2020 with revenue and profitability exceeding the guidance.
Rehovot, Israel, May 14, 2020 - Nova (Nasdaq: NVMI) today announced financial results for the first quarter ended March 31st, 2020.
5/14/2020
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Image Sensing Systems Inc.
ISS Announces 2020 First Quarter Results and Provides COVID-19 Business Update.
Saint Paul, Minn., May 14, 2020 -- Image Sensing Systems, Inc. (Nasdaq: ISNS) today announced results for its quarter ended March 31, 2020.
5/14/2020
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NIBE Industrier AB
NIBE Industrier AB Announces A stable start to the year, relatively modest impact from COVID-19.
Sales rose by 10.1% to SEK 6,345 million (SEK 5,763 million), Profit after net financial items increased by 7.9% to SEK 574 million (SEK 532 million), Earnings per share amounted to SEK 0.84 (SEK 0.82) Acquisition of Serbian TIKI Group, Turkish Üntes, Dutch Nathan, German Waterkotte and Swedish VEÅ (after end of period)
5/14/2020
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Spectra7 Microsystems Ltd
Spectra7 To Postpone Reporting First Quarter Financial Results Due to COVID-19 Related Delays.
SAN JOSE, CA - (Business Wire) – Spectra7 Microsystems Inc. (TSX:SEV) (“Spectra7” or the “Company”), a leading provider of high-performance analog semiconductor products for broadband connectivity markets, announced today that due to logistical issues and delays caused by the COVID-19 virus, it is relying on the exemption provided in Ontario Instrument 51-502 Temporary Exemption from Certain Corporate Finance Requirements (and similar exemptions provided by other Canadian securities regulators) (the “Ontario Instrument”) to postpone the filing of the following continuous disclosure documents (collectively, the “Documents”).
5/14/2020
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Applied Materials, Inc.
Applied Materials Tops Q2 Revenue Estimates despite the spread of COVID-19 pandemic.
SANTA CLARA, Calif., May 14, 2020 (GLOBE NEWSWIRE) -- Applied Materials, Inc. (NASDAQ: AMAT) today reported results for its second quarter ended Apr. 26, 2020.
5/14/2020
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3M Company
3M Reports the impact of COVID-19 on Sales for Month of April 2020.
ST. PAUL, Minn.--(BUSINESS WIRE)-- 3M (NYSE: MMM) today reported sales information for the month of April 2020. The company withdrew its full-year 2020 outlook on April 28, 2020, due to the uncertain impact of the COVID-19 pandemic, and committed to provide monthly updates until it is better able to forecast future performance.
5/14/2020
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FDK CORPORATION
FDK Remains in operation amid COVID-19 pandemic and Announces Consolidated Operating Results for FY2019 ended March 31, 2020.
The business environment of the FDK Group (“FDK”) during the fiscal year ending March 31, 2020, the economic trend of Japan was steady from improving employment, while impact of the consumption tax increase was limited due to the government several measures such as the introduction of reduced tax rates and the redemption of cashless settlement points in the first half of FY2019. However, throughout the period, uncertain condition remained due to stagnation of demand in the electronic industry to where FDK belongs, domestic oriented national policies and continuation of trade friction such as U.S. and China, and unstable economic trend of Europe, in addition to stagnation the supply-chain and economic by the spread of COVID-19
5/14/2020
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CKD USA Corporation
CKD USA Announces the impact of COVID-19 on Financial results for the Fiscal Year Ended March 31, 2020.
The economic environment is uncertain because of spread of COVID-19. Due to the difficulty foreseeing the fullyear business result in the present circumstance, the company will issue the consolidated financial forecast only for the first quarter of the fiscal year ending on March 31, 2021.
5/14/2020
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Ledil
LEDiL update under COVID-19, as of May 14.
We are pleased to confirm that all LEDiL operations continue to work at full speed to support our customers and partners in their business during this challenging time. Our production and logistics operations around the world are also functioning normally for securing reliable deliveries.
5/14/2020
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Tesla
Tesla May Have Reached an Agreement with Alameda County on Return to Work
Alameda County and Tesla seem to have come to an agreement that would allow for production to begin a the Fremont factory as early as May 18.
5/13/2020
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Samtec
Samtec Provides Coronavirus Update and Service Recovery Progress as May 13, 2020.
All Samtec Manufacturing Facilities are 100% Operational - Hiring has continued at all sites - Daily output continues to increase at all sites - Samtec is “on-track” with our Service Recovery Plan illustrated below - Bookings are showing some signs of stabilization at an elevated rate of $4.1 million/day
5/13/2020
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Amazon.com, Inc.
Amazon likely to extend French warehouse closures
Amazon (NASDAQ:AMZN) plans to extend the closure of its six French warehouses until May 18, following court rulings that ordered it to restrict deliveries during the COVID-19 pandemic or face hefty fines.
5/13/2020
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Molex Incorporated
Molex Provides update regarding Business Operational Status amid COVID-19 May 13, 2020.
An update on the operational status of Molex’s manufacturing facilities.
5/13/2020
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TT Electronics plc
TT Electronics Provides Business Update regarding COVID-19 pandemic as of May 13, 2020.
An update on the operational status of TT Electronics’s manufacturing facilities.
5/13/2020
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Bulgin
Bulgin Provides Notification regarding reduction in lead-time and Business Update during COVID-19 pandemic.
As planed the government of Tunisia has approved that a large portion of our work force to return to the factory starting this week
5/13/2020
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NCAB CORPORATION
NCAB Provides update regarding Supply chain situation due the Corona virus (COVID 19) as of May 13, 2020.
As the coronavirus (COVID-19) has an impact on NCAB Group, our customers and suppliers we are doing everything we can to protect our employees and support our customers and factories. Below you find the latest update on precautions for social responsibility and factory/capacity status.
5/13/2020
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Ideal Power Inc.
Ideal Power Reports First Quarter 2020 Financial Results and COVID-19 Update.
AUSTIN, TX / ACCESSWIRE / May 13, 2020 / Ideal Power Inc. (NASDAQ:IPWR) ("Ideal Power, the "Company," "we" and "our"), pioneering the development and commercialization of highly efficient and broadly patented B-TRAN™ bi-directional power switches, reported results for its first quarter ended March 31, 2020.
5/13/2020
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Compal Electronics, Inc.
Compal Announces that 1Q20 Financial Results Affected by Covid-19 outbreak.
Compal Electronics, Inc. (“Compal”) (TAIEX: 2324) today announced 1Q20 consolidated financial results. Impacted by the Covid-19 outbreak, 1Q20 consolidated revenue was NT$182,047 Million, -32% QoQ and -14% YoY. Due to the lower utilization and higher expenses related to Covid-19 prevention, 1Q20 consolidated operating profit declined to NT$906 Million, -71% QoQ and -63% YoY. 1Q20 consolidated net profit attributed to the parent company was NT$605 Million. EPS was NT$0.14.
5/13/2020
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Cosel Co. Ltd.
Cosel Provides Business Update regarding COVID-19 pandemic as of May 13, 2020.
Cosel factories in Japan and China are operating as normal and there is no direct impact to factory operations. Due to long lead-times for some components, there is currently less production for some affected models. Cosel is preparing to recover production and delivery for the back log when component delivery stabilizes and returns to normal.
5/13/2020
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CCS, Inc. (Custom Computer Services)
CCS Provides Business Update regarding COVID-19 outbreak.
Despite these challenges, CCS staff is continuing to provide technical support, as well as processing orders. It is essential customers have the tools they need to provide the development of existing or new products that may be necessary in the fight of Covid-19.
5/13/2020
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Maxell Holdings, Ltd.
Maxell Holdings Provides COVID-19 Business Update.
Domestic production bases are operating at almost normal level. However, there would be concern of stagnation of material supply and sales depends on future condition.
5/13/2020
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Ford Motor Company
Ford To Restart U.K. Operations and Announces that all European Production Facilities running Under New Health and Safety Protocols amid COVID-19 pandemic.
DUNTON, U.K, May 13, 2020 – Ford confirmed today that it intends to restart initial production at its Dagenham Engine Plant in Essex and Bridgend Engine Plant in South Wales from May 18.
5/13/2020
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Hamamatsu Photonics K.K
Hamamatsu Photonics Announces the impact of COVID-19 on Consolidated Financial Results for the Second Quarter of Fiscal Year ending September 30, 2020.
During the second quarter of this fiscal year (six months ended March 31, 2020), Japan’s economy was increasingly challenging due to the restrained economic activities as a result of the declining demand and the turmoil in supply chains caused by the spread of the coronavirus, in addition to the continuous restrained capital investment caused by the trade friction between the U.S. and China and the slowdown of overseas economies.
5/13/2020
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Servotronics Inc.
Servotronics, Inc. Announces First Quarter Results for the Period Ended March 31, 2020 and Provides COVI-19 Business Update.
Elma, NY – Servotronics, Inc. (NYSE American: SVT), a designer and manufacturer of servo-control components and other advanced technology products, announced today the results of its operations for the quarter ended March 31, 2020.
5/13/2020
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Johnson Electric.
Johnson Electric Reports results for the year ended 31 March 2020 and Announces Business Update regarding COVID-19 outbreak.
HONG KONG, 13 May 2020 – Johnson Electric Holdings Limited (“Johnson Electric”), a global leader in electric motors and motion subsystems, today announced its results for the twelve months ended 31 March 2020.
5/13/2020
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Accton Technology Corporation
Despite the spread of COVID-19, Accton Technology Reports solid results with slight growth for First Quarter 2020 Financial Results.
HSINCHU, Taiwan, May 13, 2020 Accton Technology Corporation (Accton) (TWSE:2345), a premier provider of communication solutions, today reported financial results for its first quarter 2020 following board meeting approval. The consolidated revenue in the first quarter was NT$ 11.724 billion, an increase of 5% from the same period in 2019. The net income in the first quarter was NT$ 1.032 billion with NT$ 1.86 per share.
5/13/2020
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Shirai Electronics Industrial Co. Ltd.
Shirai Electronics Industrial Provides notice regarding cancellation of financial results briefing for the year ending March 31, 2020 due to COVID-19 outbreak as of May 13, 2020.
In consideration of the current spread of new coronavirus infections, we place the highest priority on ensuring the health and safety of participants and related parties, and have held financial results briefings (institutional investors For analysts and business partners, we have decided to cancel the meeting in May of this year (2020). We apologize for the inconvenience, and we kindly ask for your understanding.
5/13/2020
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Maxell Holdings, Ltd.
Maxell Holdings Reports the impact of COVID-19 on Financial Results for the Year Ended March 31, 2020 and Provides Business Update.
In the consolidated fiscal year ended March 31, 2020, the Company has acquired the shares of the Company through the trust relating to “performancelinked share-based remuneration system”. And the shares of the Company held by the trust are recorded as Treasury shares in the Consolidated Balance Sheets of the year, and included in the treasury shares deducted in the calculation of the number of shares at the end of period used in the calculation of “Net assets per share” of the year.
5/13/2020
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APM Hexseal
APM Hexseal Provides Business Update regarding COVID-19 outbreak.
In the midst of the COVID-19 pandemic, businesses in many industries have pressed on to fulfill critical needs throughout our society. As an essential business, APM Hexseal has proudly continued to manufacture mission-critical components for a variety of medical, military, and industrial applications. During this trying time, we’ve supplied thousands of the fasteners and sealing boots used to build ventilators, hospital beds, and COVID-19 test units while taking measures in our facility to ensure the safety of our team and our customers.
5/13/2020
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ArcelorMittal
ArcelorMittal delays halt of BF No. 2 at Fos-sur-Mer: union
London — ArcelorMittal has postponed its plan by a month to temporarily shut down the No. 2 blast furnace at its Fos-sur-Mer mill in France, Sandy Poletto, head of the CGT union at the mill, told S&P Global Platts Wednesday.
5/13/2020
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Tower Semiconductor Ltd.
Tower Semiconductor Reports First Quarter 2020 with Year over Year Organic Revenue Growth and COVID-19 Business Update.
MIGDAL HAEMEK, Israel, May 13, 2020 (GLOBE NEWSWIRE) -- Tower Semiconductor (NASDAQ: TSEM & TASE: TSEM) reported today its results for the first quarter ended March 31, 2020.
5/13/2020
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Nortech Systems Inc.
Nortech Systems Reports First Quarter 2020 Results and Provides COVID-19 Response.
MINNEAPOLIS - Nortech Systems Incorporated (Nasdaq: NSYS), a leading provider of engineering and manufacturing solutions for complex electromechanical products serving the medical, industrial and aerospace and defense markets, reported net sales of $27.4 million for the three months ended March 31, 2020, a decrease of 3%, compared to $28.2 million for three months ended March 31, 2019.
5/13/2020
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Leoni AG
Leoni maintained its free cash flow uptrend in the first quarter of 2020 and Provides Business Update regarding COVID-19 outbreak.
Nuremberg – “Leoni was prompt and successful taking measures to lower costs and safeguard its financial resources to counteract the fallout from the Covid-19 pandemic. We have applied extensive precautionary measures throughout the Group to protect our workforce and have prepared well for restarting production.” Aldo Kamper, CEO of Leoni AG
5/13/2020
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Oki Electric Industry Co., Ltd
President of Oki Electric Industry Provides a message regarding the impact of COVID-19 pandemic.
Operating income decreased by ¥0.7 billion year-on-year to ¥16.8 billion, and ordinary income decreased by ¥1.7 billion year-on-year to ¥13.8 billion, due to the negative impact of foreign exchange rates and the suspension of operations at the Shenzhen Plant caused by the spread of COVID-19.
5/13/2020
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CMA CGM Group
CMA CGM taps French loan scheme to boost cash in coronavirus crisis
PARIS (Reuters) - Shipping group CMA CGM has obtained a 1.05 billion euro ($1.1 billion) loan to be 70% guaranteed by the French government as it seeks to bolster its cash position during the coronavirus pandemic, which has hammered international trade.
5/13/2020
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Wireless Telecom Group, Inc.
Wireless Telecom Group Announces the impact of COVID-19 on First Quarter 2020 Financial Results.
Parsippany, New Jersey – Wireless Telecom Group, Inc. (NYSE American: WTT) (the “Company”) announced today results for the first quarter ended March 31, 2020.
5/13/2020
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Ashimori Industry Co Ltd
Ashimori Industry Provides update regarding Business Continuity amid the spread of COVID-19 pandemic.
People affected by this new coronavirus infection, people affected by the spread of infection I would like to express my deepest sympathy to you. Regarding the impact of the spread of this infectious disease on the current situation and performance of the Company and the Group, We will inform you. Record 1. About the correspondence situation of infection spread prevention At each business site in Japan, no infection has been found to employees or persons concerned at present, and disinfection is carried out.
5/13/2020
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Cisco Systems, Inc.
Cisco Reports Third Quarter Earnings and COVID-19 Business Update.
SAN JOSE, Calif., May 13, 2020 /PRNewswire/ -- Cisco today reported third quarter results for the period ended April 25, 2020. Cisco reported third quarter revenue of $12.0 billion, net income on a generally accepted accounting principles (GAAP) basis of $2.8 billion or $0.65 per share, and non-GAAP net income of $3.4 billion or $0.79 per share.
5/13/2020
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TOA Corp.
TOA Announces the impact of COVID-19 on Consolidated Financial Results for the Fiscal Year Ended March 31, 2020.
Share of profit (loss) of entities accounted for using equity method: Fiscal year ended March 31, 2020: ¥(2) million Fiscal year ended March 31, 2019: ¥- million
5/13/2020
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Energy Focus Inc.
Energy Focus Reports 19.1% Year-over-Year Revenue Increase for First Quarter 2020 and Provides COVID-19 Business Update.
SOLON, Ohio, May 13, 2020 (GLOBE NEWSWIRE) -- Energy Focus, Inc. (NASDAQ:EFOI), a leader in sustainable LED lighting technologies, today announced financial results for the first quarter ended March 31, 2020.
5/13/2020
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Sony Corporation
Sony Corporation Announces the impact of COVID-19 on Financial Results for the Fiscal Year Ended March 31, 2020 and Business Operational Status.
Sony has four manufacturing plants located in China (two in Shanghai, one in Wuxi, Jiangsu, and one in Huizhou, Guangdong). All of these plants were shut down in accordance with local government mandates, from the beginning of the spring holidays on January 24 until February 9.
5/13/2020
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Nissha Co Ltd
Nissha Co Reports the impact of COVID-19 on Financial Results for the three months ended March 31, 2020.
The Company has applied the International Financial Reporting Standards (IFRS) from the fiscal year ended December 31, 2019. Therefore, figures indicating changes from the previous corresponding period for the three months ended March 31, 2019 are not provided.
5/13/2020
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EBARA Corporation
EBARA Reports the impact of COVID-19 on consolidated Financial Results for the three months ended March 31, 2020 and Business Continuity Status.
The Company has voided (changed to “to be determined”) its forecasts of consolidated financial results for the six months ending June 30, 2020 and the fiscal year ending December 31, 2020, which were previously announced on February 26, 2020. Amid the spread of new coronavirus infections (“COVID-19”), it is difficult to reasonably estimate forecasts as it is impossible to predict when the pandemic will fade at this point in time and it is uncertain how the Group’s performance will be impacted by related issues such as the trends in major domestic and overseas markets, progress of construction works and restrictions on people’s mobility. The Company will announce the new forecasts as soon as reasonable estimates are available.
5/13/2020
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MEIDENSHA CORPORATION
MEIDENSHA Announces that the impact of the novel coronavirus on consolidated results during the fiscal year Ended March 31, 2020 was relatively minor.
Tokyo, Japan; May 13, 2020 — Meidensha Corporation (TSE: 6508) reported consolidated net sales of ¥255,748 million and a net income attributable to owners of the parent of ¥8,208 million, or ¥180.91 per share, for the fiscal year ended March 31, 2020.
5/13/2020
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Redline Communications Inc
Redline Communications Reports 2020 First Quarter Results and COVID-19 Update.
TORONTO – May 13, 2020 – Redline Communications (www.rdlcom.com) Group Inc. (TSX: RDL), the creator of powerful wide-area wireless networks for mission-critical applications in challenging locations, today announced operating results (in US dollars unless otherwise noted) for the first quarter ended March 31, 2020.
5/13/2020
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Onion Corporation
Due to the impact of COVID-19 pandemic, Onion online store will be temporarily closed to new orders starting May 13th, 2020.
We’re all aware of how the COVID-19 pandemic has negatively affected the regular operation of several industries globally — shipping and logistics being one of them.
5/13/2020
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BK Technologies, Inc
BK Technologies Reports First Quarter 2020 Results and Business Update regarding COVID-19 pandemic.
WEST MELBOURNE, FL / ACCESSWIRE / May 13, 2020 / BK Technologies Corporation (NYSE American:BKTI) today announced financial and operating results for the first quarter ended March 31, 2020.
5/13/2020
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LifeLoc Technologies, Inc.
Lifeloc Remains in operation throughout the COVID-19 outbreak and Reports First Quarter 2020 Results.
WHEAT RIDGE, Colo., May 13, 2020 -- Lifeloc Technologies, Inc. (OTC: LCTC), a global leader in the development and manufacturing of breath alcohol and drug testing devices, has announced financial results for the first quarter ended March 31, 2020.
5/13/2020
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Tesla
Tesla and Elon Musk reopen California facility, defying orders meant to stem coronavirus spread
(CNN Business)Tesla (TSLA) CEO Elon Musk escalated his standoff with county officials in California on Monday as he announced that the automaker would be "restarting production today against Alameda County rules."
5/12/2020
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Logitech International S.A.
Logitech sales surge as locked-down families, workers stay connected
(Reuters) - Logitech International (LOGN.S) reported a big jump in sales of computer products during its fourth quarter on Tuesday as more people worked from home and families turned to technology to keep in touch during the coronavirus crisis.
5/12/2020
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Rexnord Corporation
Rexnord Reports Fourth Quarter And Fiscal Year 2020 Financial Results and Provides Operating Update regarding COVID-19 pandemic.
Adams continued, “Due to the near to medium term uncertainty created by the COVID-19 pandemic, we will not be providing outlook for the entirety of the next nine months at this time. Based on the cost reduction actions we’ve taken, our backlog heading into the quarter, as well as taking into account recent and anticipated order patterns through June, we expect our sales to decline by between 18% and 23% in the June quarter, our total segment Adjusted EBITDA margin to range between 21% and 23%, and our corporate expenses to approximate $7 million."
5/12/2020
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Vishay Intertechnology, Inc.
Vishay Intertechnology Provides Business Update regarding COVID-19 pandemic as of May 12, 2020.
An update on the operational status of Vishay’s manufacturing facilities.
5/12/2020
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Bang & Olufsen
Bang & Olufsen To Seek Shareholder Approval For Capital Increase To Safeguard The Company Through The Covid-19 Crisis.
As stated in the Q3 2019/20 interim report published on 2 April 2020, Bang & Olufsen has analysed measures to strengthen its capital base due to current and future negative effects of the COVID-19 outbreak. As a result of this, the Board of Directors has decided to convene an extraordinary general meeting with the aim to seek approval from shareholders for a fully underwritten rights issue of approx. DKK 400 million (gross proceeds).
5/12/2020
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Aviat Networks, Inc.
Aviat Networks Reports financial results for its fiscal 2020 third quarter and nine months ended April 3, 2020 and Provides COVID-19 Business Update.
AUSTIN, Texas, May 12, 2020 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), ("Aviat Networks," "Aviat," or the "Company"), the leading expert in wireless transport solutions, today reported financial results for its fiscal 2020 third quarter and nine months ended April 3, 2020.
5/12/2020
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Novanta Inc.
Novanta Announces Financial Results for the First Quarter 2020 and COVID-19 Business Update.
BEDFORD, Mass.--(BUSINESS WIRE)-- Novanta Inc. (Nasdaq: NOVT) (the “Company”), a trusted technology partner to medical and advanced technology equipment manufacturers, today reported financial results for the first quarter 2020.
5/12/2020
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Ballantyne Strong, Inc.
Ballantyne Strong Reports First Quarter 2020 Operating Results and Provides COVID-19 Update.
Charlotte, NC, May 12, 2020 (GLOBE NEWSWIRE) -- Ballantyne Strong, Inc. (NYSE American: BTN) (the “Company”) today announced financial results for the first quarter ended March 31, 2020. The Company conducts its operations through three operating segments: Strong Entertainment, Convergent and Strong Outdoor.
5/12/2020
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KOA Corporation
Amid COVID-19 outbreak, KOA manufacturing locations are now officially operating.
Competent authorities worldwide continue to implement border control and further measures to prevent or contain the spread of the coronavirus, but this is currently only having a limited impact on KOA’s lead-time.
5/12/2020
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Data Modul AG
Decline In Sales and Earnings In First Quarter Of 2020 Because Of Covid-19 Pandemic.
DATA MODUL suffered declines in sales and earnings during the first quarter of the 2020 financial year due to the far-reaching uncertainties and economic consequences of the COVID-19 pandemic. Sales dropped by 28.3%, in comparison to the previous first quarter, to mark 45.5m EUR. Bookings fell by 20.5 % to 56.3m EUR, following 70.8m EUR in the previous first quarter. The increase in backlog of 6.5% from 134.9m EUR to 143.7m EUR resulted from a shift of delivery dates announced by customers of all business segments and regions.
5/12/2020
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Kyowa Interface Science
Kyowa Interface Science Provides response regarding the extension of the Emergency Declaration for the new coronavirus as of May 12, 2020.
Dear customers and business partners, First of all, to all those affected by the new coronavirus infectious disease ( COVID-19 ), to everyone involved, and to everyone who has had a great impact on their lives and operations due to the spread of the infection. I would like sympathy.
5/12/2020
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SYNNEX Corporation
SYNNEX Corporation Provides Business Update.
FREMONT, Calif., May 12, 2020 /PRNewswire/ -- SYNNEX Corporation (NYSE: SNX), a leading business process services company, today announced business updates for its second quarter fiscal year 2020, ending May 31, 2020.
5/12/2020
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TESSCO Technologies Incorporated
TESSCO Technologies Reports Fourth-Quarter 2020 Financial Results and Provides COVID-19 Business Update.
HUNT VALLEY, Md.--(BUSINESS WIRE)-- TESSCO TECHNOLOGIES INCORPORATED (NASDAQ: TESS) today reported financial results for its fourth quarter and fiscal year 2020, ended March 29, 2020.
5/12/2020
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Tesla
Tesla bucks Alameda County order, opens Fremont factory
In defiance of an Alameda County restriction for “non-essential” businesses to remain closed under the State of California’s stay-at-home orders in place since mid-March, Tesla CEO Elon Musk initiated the re-opening of certain manufacturing operations at the company’s Fremont, California plant on Monday.
5/12/2020
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Schurter Holding AG
Schurter Provides a Coronavirus Update, as of May 12, 2020.
India – On 14th April 2020, the government of India announced an extension of the general lockdown period to 17th May 2020, with certain exceptions (medical products against the COVID-19 virus). SEI is now operating with a capacity of 60% and is slowly ramping up.
5/12/2020
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KCE ELECTRONICS PUBLIC COMPANY LIMITED
KCE ELECTRONICS Announces the impact of COVID-19 on First Quarter of 2020 Operating Results.
KCE Electronics PCL has the pleasure of reporting the operating results of the Company and its subsidiaries ("the Group") for the first quarter of 2020 based on reviewed consolidated financial statements for the three-month period ended March31, 2020. The Group's sales and net profit totaled Bt3,259.7 million and Bt424.8 million, respectively, compared to Bt3,113.9 million and Bt268.6 million in the first quarter of 2019.
5/12/2020
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Vishay Intertechnology, Inc.
Despite the spread of COVID-19, Vishay Intertechnology Tops Q1 Earnings and Revenue Estimates.
MALVERN, Pa., May 12, 2020 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH), one of the world's largest manufacturers of discrete semiconductors and passive components, today announced its results for the fiscal quarter ended April 4, 2020.
5/12/2020
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NEXT Biometrics Group ASA
Despite the impact of COVID-19, NEXT Biometrics Reports strong Interim report as at 31 March 2020.
Revenue of NOK 20.5 million in Q1 2020, up 122% from Q4 2019 and down 26% from Q1 2019
5/12/2020
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Sensitron Semiconductor
Sensitron Announces statement regarding Business Continuity amid COVID-19 outbreak.
Sensitron initiated a split shift work schedule in Mid-March. • Split shift reduced our on-site population by 50% in support of the safe “social distancing” policies required by the CDC & NYS. • The split shift is a 6-day work week, at 12 hours per day. • Staff working every other day in two alternating groups.
5/12/2020
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Infinera Corporation
Infinera Announces the effect of the COVID-19 pandemic on First Quarter 2020 Financial Results.
SUNNYVALE, Calif., May 12, 2020 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) today released financial results for its first quarter ended March 28, 2020.
5/12/2020
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Rhythm Watch Co Ltd
Due to the impact of COVID-19 outbreak, Rhythm Watch Postpones Financial Results Announcement for the Year Ending March 31, 2020.
The Company will postpone the full-year consolidated financial results announcement for the fiscal year ending March 2020, which was scheduled for May 15, 2020.
5/12/2020
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Nikon Corp.
Nikon Warns of Extraordinary Losses Due to COVID-19.
This is to announce that the consolidated financial forecast announced on February 6, 2020 is revised as below, reflecting our recent business performance trend, and to disclose that impairment losses are expected to be recognized.
5/12/2020
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Twitter, Inc.
Twitter tells employees they can work from home ‘forever’
Twitter told employees they can continue working from home “forever” if they wish, in an email first reported by BuzzFeed News.In a statement, the company said it was “one of the first companies to go to a WFH model in the face of COVID-19, but [doesn’t] anticipate being one of the first to return to offices.”
5/12/2020
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Flux Power
Despite the impact of COVID-19 pandemic, Flux Power Reports strong fiscal year 2020 third quarter ended March 31, 2020 (Q3 ‘20).
Vista, CA – May 12, 2020 -- Flux Power Holdings, Inc. (OTCQB: FLUX), a developer of advanced lithium-ion batteries for commercial and industrial equipment including electric forklifts and airport ground support equipment (GSE), today reported results for its fiscal year 2020 third quarter ended March 31, 2020 (Q3 ‘20).
5/12/2020
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Rogers Corp.
Rogers Provides Business Update regarding COVID-19 outbreak.
We recently hosted Rogers’ first quarter 2020 investor call, closely followed by our CEO Town Hall for employees. Many of the questions we received from both our investors and our engaged employees centered around “what happens next.” At Rogers, we will continue to balance our priority of employee safety with our commitment to business continuity and Rogers’ long-term health.
5/12/2020
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Schurter Holding AG
Schurter Holding Announces Influence of the coronavirus on Operational and Delivery Status as of May 12, 2020.
We want to thank you for your continued patience in these unprecedented and very challenging times. Going forward you can expect frequent status updates from SCHURTER how we react to the COVID-19 pandemic. Continued travel restrictions, the shut-down of borders and whole cities and other similar events have created unanticipated labour, logistics and material shortages throughout the world. These actions may affect SCHURTERs ability to deliver products on time. We will continue to update you as the situations unfold.
5/12/2020
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Yamaichi Electronics Co. Ltd.
Yamaichi Electronics Rescheduled the release of financial results for the fiscal year ending March 31, 2020 to May 29, 2020.
We would like to express our deepest sympathies to those who died of the new coronavirus infection (COVID-19). At the same time, we would like to express our deepest sympathies to those affected. We planned to announce the financial results for the fiscal year ending March 31, 2020 (consolidated) on Wednesday, May 13, 2020. It has been postponed due to the influence of type I coronavirus infection, and the timing of the announcement has not been decided. Today The announcement schedule has been finalized, and we will inform you as follows. Record 1. Date of financial results announcement We plan to announce the financial results for the fiscal year ending March 31, 2020 (consolidated) at 15:00 on Friday, May 29, 2020. In addition, we will promptly inform you of any changes. We apologize for any inconvenience caused to our shareholders and investors. Thank you for your understanding Thank you for your cooperation. that's all
5/12/2020
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AstroNova, Inc.
Astronova Provides Covid-19 Business Update.
WEST WARWICK, R.I.--(BUSINESS WIRE)-- AstroNova, Inc. (NASDAQ: ALOT), a global leader in data visualization technologies, today provided an update on the impact of the COVID-19 pandemic on business operations and on steps taken to improve the Company’s liquidity position.
5/12/2020
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Transcat, Inc.
Transcat Provides a COVID-19 Response.
"We take the health and safety of our customers and employees very seriously, and it remains a top priority for our leadership team" "Transcat provides essential products and services for many industries. Our service and distribution operations have remained open throughout the pandemic so that we can serve the needs of our customers. Non-essential employees continue to work remotely."
5/11/2020
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Adesto Technologies Corporation
Adesto Technologies Corporation Announces a COVID-19 Statement.
Adesto Technologies Corporation (the “Company”) will be relying on the SEC Order to delay the filing of its Quarterly Report on Form 10-Q for the three months ended March 31, 2020 (the “Report”) due to circumstances related to COVID-19. In particular, COVID-19 has caused severe disruptions in travel and transportation, and limited access to the Company’s facilities following implementation of shelter-in-place orders in Santa Clara County, California, where the Company’s headquarters are located, resulting in limited support from its staff and third party contractors. This has, in turn, delayed the Company’s ability to complete an enterprise resource planning (ERP) software migration that was underway prior to the implementation of those orders, which has delayed the Company’s ability to complete its quarterly review and prepare the Report. Notwithstanding the foregoing, the Company expects to file the Report no later than June 25, 2020 (which is 45 days from the Report’s original filing deadline of May 11, 2020).
5/11/2020
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Knowles Corporation
Knowles Precision Devices Operational Capabilities due to COVID-19, as of May 11.
An update on the operational status of Knowles ’s manufacturing facilities.
5/11/2020
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Tesla
German minister: Don't see coronavirus causing big delays to Tesla plant near Berlin
BERLIN (Reuters) - German Economy Minister Peter Altmaier said on Monday that he did not expect any major delays to the construction of Tesla’s (TSLA.O) factory near Berlin due to the coronavirus pandemic.
5/11/2020
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HIROSE ELECTRIC CO., LTD.
HIROSE ELECTRIC Provides update regarding Current production status affected by COVID-19 as of May 11, 2020.
Current production status of our group subsidiaries are stated below. The status of Malaysia was updated.
5/11/2020
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Summit Wireless Technologies, Inc.
Summit Wireless Technologies Announces a Coronavirus Statement.
Due to the impact of the novel coronavirus (“COVID-19”) pandemic, Summit Wireless Technologies, Inc. (the “Company”, “we”, “us” or “our”) will delay the filing of its Quarterly Report on Form 10-Q for the quarter ended March 31, 2020 (the “Form 10-Q”), which was originally due to be filed with the U.S. Securities and Exchange Commission’s (“SEC”) on May 15, 2020. The Company will be relying on the SEC’s “Order under Section 36 of the Securities Exchange Act of 1934 Modifying Exemptions From the Reporting and Proxy Delivery Requirements for Public Companies” dated March 25, 2020 (Release No. 34-88465) (the “Order”), which provides conditional relief to public companies that are unable to timely comply with a filing deadline due to circumstances related to the COVID-19 pandemic.
5/11/2020
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Extreme Networks, Inc.
Extreme Networks' down quarter comes as expected in Q3
Extreme Networks (NASDAQ:EXTR) turned in fiscal Q3 earnings that were largely in line with expectations and its own April 8 outlook.It's temporarily suspending guidance due to uncertainty amid the COVID-19 pandemic.
5/11/2020
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Veeco Instruments Inc.
Veeco’s Q1 revenue at high end of revised guidance range
For first-quarter 2020, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $104.5m, down 7.7% on $113.2m last quarter but up 5.1% on $99.4m a year ago, and at the high end of the $100-105m guidance range (which had been revised on 31 March from mid-February’s initial guidance of $95-120m), driven by strength in data storage business in the Scientific & Industrial segment.Due to disruptions related to various governmental measures implemented to contain the [COVID-19] virus in mid-March, we withdrew our [original] financial guidance for the first quarter.
5/11/2020
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Kandi Technologies Group, Inc.
Kandi Technologies to Delay 10-Q Filing
JINHUA, CHINA, May 11, 2020 (GLOBE NEWSWIRE) -- Kandi Technologies Group (the “Company”, “we” or “Kandi”) (NASDAQ GS: KNDI), today announced that it would delay the filing of its 2020 Quarterly Report on Form 10-Q, which was originally due on May 11, 2020. The impact in China of the current outbreak of COVID-19 has presented significant challenges and undue hardship and expense for the Company to file on a timely basis. The Company has elected to rely on the order issued by the U.S. Securities and Exchange Commission (“SEC”) on March 25, 2020 providing conditional relief to public companies that are unable to timely comply with their filing obligations as a result of the novel coronavirus. Considering the lack of time for the compilation, dissemination and review of the information required to be presented, the Company decided to rely on the SEC order and will endeavor to file the Quarterly Report no later than June 25, 2020, which is 45 days after the original due date.
5/11/2020
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Electro-Sensors Inc.
Electro-Sensors Says Q1 Sales Fell 4.2% To $1.923 Million due to the impact of COVID-19 outbreak.
Minnetonka, Minnesota (May 11, 2020) – Electro-Sensors, Inc. (NASDAQ: ELSE), a leading global provider of machine monitoring sensors and hazard monitoring systems, today announced financial results for the first quarter ended March 31, 2020.
5/11/2020
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OMRON Corporation
OMRON Provides CoronaVirus Update for the week of May 11, 2020.
Our Malaysia factory’s operation has started normal production with new infection prevention guidance from the government.
5/11/2020
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Renesas Electronics Corporation
Notice Regarding Effects of Novel Coronavirus Disease (COVID-19) on Renesas Business as of May 11, 2020.
Renesas Electronics Corporation (TSE:6723) provides updates to the current impacts on Renesas Group’s production sites from the coronavirus disease (COVID-19) pandemic as follows:
5/11/2020
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Tesla
Tesla model 3 sales in China plunge 64% in April
Sales of Tesla's (NASDAQ:TSLA) Model 3 sedan in China fell to 3,635 units in April, down 64% M/M from 10,160 in March, even as electric sales rose 9.8%, reports CNBC.The China Passenger Car Association (CPCA) reported that it is seeing a bounce back in demand following the outbreak of the coronavirus, which effectively shut the country down for a number of weeks.
5/11/2020
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Extreme Networks, Inc.
Extreme Networks Reports Q3 Loss, Lags Revenue Estimates due to the impact of COVID-19 outbreak.
SAN JOSE, Calif., May 11, 2020 /PRNewswire/ -- Extreme Networks, Inc. ("Extreme") (Nasdaq: EXTR) today released financial results for its fiscal third quarter ended March 31, 2020.
5/11/2020
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The Walt Disney Company
Shanghai Disneyland reopens with timed entry and social distancing
Shanghai (CNN) — After three and a half months of closure following the initial outbreak of the Covid-19 coronavirus, Shanghai Disneyland has reopened its doors to visitors.
5/11/2020
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Toyota Motor Corporation
Toyota Canada workers return to work following shutdown
Team leaders at Toyota Canada's manufacturing plants in Cambridge and Woodstock are expected to return to work Monday morning, the first step in a gradual process of reopening following an almost two month-long shutdown. Workers will spend the day learning the new safety procedures that have been brought in to prevent the spread of COVID-19.
5/11/2020
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Tesla
Tesla temporarily stops production at Gigafactory 3
Tesla reportedly stopped production at its Gigafactory 3 in Shanghai, China during May 6-9, possibly due to short supply of main components from abroad, according to industry sources.Due to coronavirus pandemic, Tesla has suspended production at its US facilities, the sources noted.
5/11/2020
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Prysmian S.p.A
Prysmian S.p.A Reports Financial Results for Q1 2020 and COVID-19 Business Update.
The Board of Directors of Prysmian S.p.A. has approved today the Group’s consolidated results for the first quarter of 2020.
5/11/2020
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Unimicron Technology Corp.
Zhen Ding, Unimicron looking to extend lead over peers via bold capex injection
The coronavirus pandemic may force many Taiwan-based PCB makers to slow down their capacity expansion plans in the short term due to uncertain market prospects, but Zhen Ding Technology and Unimicron seem unaffected and will see their capital expenses...
5/11/2020
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Toyota Motor Corporation
Slow restart for Toyota in North America
Toyota (NYSE:TM) plans to cut North American production by nearly a third to ~800K vehicles through October of this year, according to Reuters.
5/11/2020
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Core Staff Co., Ltd.
Core Staff Provides response based on the new coronavirus Emergency Declaration in Japan as of May 11, 2020.
We have decided to extend the telework period, which is being carried out from April 8, 2020, to May 31, 2020.
5/11/2020
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ThyssenKrupp AG
Thyssenkrupp overhaul must happen faster due to COVID-19: CEO
DUESSELDORF (Reuters) - Thyssenkrupp (TKAG.DE) has less time for a wide-ranging restructuring plan than previously thought as the coronavirus pandemic is significantly burdening the already ailing conglomerate, its chief executive said in a note to staff.
5/10/2020
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Tesla
Tesla says it will resume operations. Here is the company’s plan to bring employees back to work
Tesla says it has started the process to resume operations and released a plan to bring its employees and contractors back to work, amid an escalating dispute with local health authorities in California over a shelter-in-place order that has kept the automaker’s Fremont factory idle during the coronavirus pandemic.
5/10/2020
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Natronix Component Limited
Natronix Component's SPEL facility got approved for 33% Production after National Lockdown in India.
Government of India announced nationwide total lockdown since Mar 24, 2020 to prevent the spread of COVID19 and SPEL suspended the factory operations accordingly to ensure legal compliance. Further to support the Customers supplying products in Medical applications, SPEL was constantly requesting the local government authorities to provide permit for resuming factory operations to serve the global customers in Essential Services Business.
5/9/2020
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ON Semiconductor Corporation
ON Semiconductor Announces the impact of COVID-19 pandemic on First Quarter 2020 Results.
PHOENIX, Ariz. – May 9, 2020 – ON Semiconductor Corporation (Nasdaq: ON) announced that 2020 first quarter revenue was $1,277.9 million, down approximately 8 percent compared to 2019 first quarter revenue. 2020 first quarter revenue was down approximately 9 percent as compared to 2019 fourth quarter revenue.Our first quarter revenue and margins were significantly impacted by the slowdown in global macroeconomic activity, supply constraints and resulting underutilization due to government mandated lockdowns in many parts of the world aimed at containing spread of COVID-19.
5/9/2020
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ArcelorMittal
ArcelorMittal to Close Monessen Coke Plant.
The ArcelorMittal coke production plant in Monessen will close – at least temporarily – in early July.
5/9/2020
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Xiaomi Corp.
Xiaomi to resume phone manufacturing in India.
Xiaomi, Samsung, OPPO, Vivo and other OEMs are ready to restart phone production in India. These companies and more had to shut down factories following the first coronavirus lockdown in the country back in March. The government started lifting restrictions during the third lockdown announced earlier this month. E-commerce platforms like Amazon and Flipkart are now able to deliver non-essential products in Orange and Green zones. Even major smartphone makers have begun taking orders online and via tying up with offline retail stores. These companies are now ready to resume manufacturing in the country, The Next Web reports.
5/9/2020
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Tesla
California county says Tesla may not reopen vehicle factory, stifling Musk's plans
(Reuters) - Tesla Inc “must not reopen” its vehicle factory in the San Francisco Bay area as local lockdown measures to curb the spread of the coronavirus remain in effect, the local county health department said on Friday.
5/8/2020
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Google Inc.
Google expects its staff to work from home until 2021 and it's not alone
According to a Bloomberg report, Sundar Pichai, Google's CEO, told Google employees on Thursday to be ready to work remotely through October and possibly to the end of the year. Actually, a Google spokeswoman said most Google workers are expected to work from home until 2021.IT management is also OK with this new work from home model. An IDG survey found 71% say the coronavirus pandemic "has created a more positive view of remote workplaces."
5/8/2020
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Apple Inc.
Apple will reopen a handful of US stores next week.
Apple’s US retail stores have been closed since mid-March due to the COVID-19 pandemic, but the company is going to start opening some of them back up next week. “We’re excited to begin reopening stores in the US next week, starting with some stores in Idaho, South Carolina, Alabama, and Alaska,” an Apple representative told CNBC. “Our new social distance protocol allows for a limited number of visitors in the store at one time so there may be a delay for walk-in customers. We recommend, where possible, customers buy online for contactless delivery or in-store pickup.”
5/8/2020
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SHINDENGEN ELECTRIC MANUFACTURING CO., LTD.
SHINDENGEN ELECTRIC MANUFACTURING Extends working from home period until May 22, 2020.
As part of the measures against viral infectious disease ( COVID-19 ), in order to ensure the safety of employees and prevent the spread of infection, all of our employees were working from home until May 8, but until May 22 We will extend the period.
5/8/2020
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PRIDE Industries
PRIDE Industries Announces Reopening and Returning to Work After COVID-19.
As you may have heard, our country is in the process of easing shelter-in-place restrictions and reopening parts of our economy. PRIDE’s leadership team is planning and preparing to reopen worksites that have been closed and returning employees to work who have been working from home in conjunction with county and state requirements.
5/8/2020
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Skyworks Solutions, Inc.
Skyworks’ March-quarter revenue falls 5% year-on-year to $766.1m
For fiscal second-quarter 2020 (to 27 March), Skyworks Solutions Inc of Woburn, MA, USA (which manufactures analog and mixed-signal semiconductors) has reported revenue of $766.1m, down by 14.5% on $896.1m last quarter and by 5% on $810.4m a year ago. This is below the initial guidance (given on 23 January) of $800-820m but in line with 4 March’s reduction in guidance by $45m to $760-770m due to the impact of the COVID-19 coronavirus pandemic.
5/8/2020
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Suss Microtec AG
Suss Microtec Reports financial results for Q1 2020 and Covid-19 Update.
Garching, May 8, 2020 - SUSS MicroTec SE, a leading supplier of equipment and process solutions for the semiconductor industry and related markets, publishes its first quarterly report for the fiscal year 2020 today.
5/8/2020
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Honda Motor Co., Ltd.
Honda to start reopening U.S., Canada plants on May 11
Honda (NYSE:HMC) says it will gradually ramp up operations at its vehicle and auto parts factories in the U.S. and Canada starting next Monday, joining several automakers restarting North American production for the first time since mid-March.
5/8/2020
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Kendrion NV
Kendrion NV Temporarily suspends production operations at Kendrion Shelby Plant due to the impact of COVID-19 outbreak.
However, we have experienced a dramatic reduction of demand and must take immediate action to compensate. As a result, we will be closing the Shelby NC production facility during the following weeks in May. Monday 5/11 through Friday 5/15 – ALL Operations closed plant wide Monday 5/25 through Friday 5/29 – ALL Operations closed plant wide
5/8/2020
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STARRETT
STARRETT Remained globally operational during the COVID-19 pandemic.
In our 140-year history, we have experienced and survived everything thrown our way and we will emerge from this crisis as well. The Coronavirus’ (COVID-19) rapid and stealthy spread has led to dramatic responses and heroic actions. The depth and breadth of the impact of this insidious disease feels different from anything we have experienced in the past. We understand that you are all experiencing the uncertainty and disruption, coupled with the need to manage the health and safety of your personnel, investor confidence, logistics, supply chain, technology and many other aspects of your business. We want you to know that Starrett is committed to supporting you in this time of crisis, as you continue the critical task of delivering essential supplies to those in need.
5/8/2020
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Intel Corporation
Intel Accused by Workers of Prioritizing Chip Output Over Safety
Intel Corp. compromised worker safety at some of its factories to maintain chip production in the midst of the Covid-19 pandemic, according to complaints filed with government agencies and employees at one of the sites.
5/8/2020
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inTEST Corporation
inTEST Announces the impact of COVID-19 on 2020 First Quarter Financial Results.
MANSFIELD, Mass., May 08, 2020 (GLOBE NEWSWIRE) -- inTEST Corporation (NYSE American: INTT), a global supplier of precision-engineered solutions for use in manufacturing and testing across a wide range of markets including automotive, defense/aerospace, energy, industrial, semiconductor and telecommunications, today announced financial results for the quarter ended March 31, 2020.
5/8/2020
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NCAB CORPORATION
Despite the impact of COVID-19 outbreak, NCAB Group Reports strong Interim Report Q1 2020.
Net sales increased by 8% to SEK 483.1 million (445.9). The increase is primarily a result of the acquisition of Flatfield. In USD, net sales increased 3%.
5/8/2020
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Ubiquiti Networks, Inc.
Ubiquiti Inc. Reports Third Quarter Fiscal 2020 Financial Results and COVID-19 Update.
NEW YORK--(BUSINESS WIRE)-- Ubiquiti Inc. (NYSE: UI) (“Ubiquiti” or the “Company”) today announced results for the third quarter fiscal 2020, ended March 31, 2020.
5/8/2020
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Palomar Technological Companies
Palomar Technologies responds to urgent manufacturing to address COVID-19.
Palomar Technologies says that the company has seen an increase in requests from customers manufacturing critical components needed to address the COVID-19 crisis.
5/8/2020
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ROHM Co., Ltd.
ROHM Provides notice regarding the Influence of Novel Coronavirus (COVID-19) as of May 8, 2020.
ROHM Group would like to express our sincere sympathies to all those who have been affected by a novel coronavirus and those who are difficult to spend a daily life due to the infection spread
5/8/2020
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Samsung Electronics Co. Ltd.
Samsung gets permission to resume operations at its Noida mobile factory.
Samsung on Friday said it has received the permission from the state government to resume smartphone production at its Noida facility. The company assured it will follow social distancing and other requisite measures at the premises.
5/8/2020
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Siemens AG
Siemens AG Announces the impact of COVID-19 pandemic on Financial Results Q2 FY 2020.
Siemens performed solidly in the second quarter of fiscal 2020 even as the economic consequences of the COVID-19 pandemic began to impact our operations and our financial results. We expect even stronger impacts from the pandemic on business development in our fiscal third quarter. Beyond the third quarter of fiscal 2020, macroeconomic developments and their influence on Siemens currently cannot be reliably assessed. Therefore, we can no longer confirm our original guidance for fiscal 2020.
5/8/2020
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LG Uplus
LG Uplus sees Q1 profit jump thanks to COVID-19
South Korean telco LG Uplus saw its profits and sales rise in the first quarter of the year in large part due to people spending more time indoors during the COVID-19 pandemic, the company said Friday.
5/8/2020
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Tesla
Tesla not yet cleared to reopen California plant
Tesla (NASDAQ:TSLA) will not be permitted to reopen its California plan, at least for now, after Alameda County officials said the company had not meet the necessary criteria.
5/8/2020
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Tamura Corporation
Tamura Rescheduled the release of Financial Results for the Year Ending March 31, 2020 to May 14, 2020.
The Company will postpone the financial results announcement for the fiscal year ending March 31, 2020, which was scheduled for Monday, May 11, 2020, as follows. I will let you know.
5/8/2020
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Nexperia
Nexperia Provides update regarding Business Continuity amid COVID-19 pandemic as of May 8, 2020.
The government in the Philippines announced to extend the lockdown of its capital region until May 15. The successful execution of our mitigation plans for this scenario allowed us to extend capacity already on short notice. We have been able to increase output this week significantly, with the goal to be back at normal production levels by the end of May.
5/8/2020
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Sharp Corporation
Japan’s Sharp halves full-year profit forecast as virus hits tech demand
TOKYO (Reuters) - Japan's Sharp Corp, an Apple Inc supplier, cut its full-year profit forecast by 48% on Friday, as demand for technology devices took a hit from the coronavirus outbreak.
5/8/2020
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Sony Corporation
Support Measures for Frontline Healthcare Professionals in Response to COVID-19.
Tokyo, Japan - Sony Corporation ("Sony") today announced support measures for frontline healthcare professionals engaged in the fight against the COVID-19 in Japan, including the manufacture and donation of medical face shields as well as support for the production of ventilators.
5/8/2020
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Canon Inc.
Canon Partially Extends suspension of certain Business Operations in Japan until May 31, 2020.
TOKYO, May 8, 2020—Canon Inc., in an effort to protect the health of our employees and their families, neighboring families and businesses, as well as customers and business partners, and to help prevent the spread of the novel coronavirus (COVID-19), has gradually implemented a temporary and partial suspension of operations at our headquarters and certain offices in Japan since April 7.
5/8/2020
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Sumitomo Corporation
Sumitomo Reports Consolidated Annual Results FY2019 and Business Update regarding COVID-19 outbreak.
Under these circumstances, the recession on the global economy due to worldwide outbreak of the COVID-19 is impacting activities of our group companies. We have secured ample liquidity to keep our operation at this moment, and it is not impacting our business continuity. However, since the uncertainties on future outlook is increasing, we have changed our mindset to “emergency mode”
5/8/2020
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Tokyo Cosmos Electric Co.,Ltd.
Tokyo Cosmos Electric Postpones Earnings Announcement for the Fiscal Year Ending March 2020 and Provides Business Update on COVID-19 pandemic.
We decided to postpone the financial results announcement for the fiscal year ending March 31, 2020, which was scheduled for May 13, 2020. We will inform you as follows. Record 1. Reason for postponing financial results announcement Due to the global spread of new-type coronavirus infectious diseases and the government's issuance of an emergency declaration and a request to refrain from going out, etc. In order to reduce the risk of infection of employees and to ensure safety, our company implements measures such as working from home and working at staggered hours to carry out settlement business We are proceeding. In addition, the audit work by the accounting auditor is expected to be delayed from the initial schedule.
5/8/2020
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Axell Corporation
Axel Rescheduled the release of Financial Results for the Year ending March 31, 2020 to May 28, 2020.
We will postpone the financial results announcement for the fiscal year ending March 31, 2020, which was scheduled on Tuesday, May 12, 2020. We will inform you as follows. Record 1. Reason for postponing financial results announcement In response to the spread of new coronavirus infection and the government's declaration of an emergency, our group We place the highest priority on ensuring the safety of employees and work from home. In such a situation, Even so, we are working while giving due consideration to ensuring the safety of employees and those involved in audit work. It is expected that it will take time to determine the numerical values. As a result, we have decided to postpone the financial results announcement for the fiscal year ending March 31, 2020. At this point, there are no plans to revise the full-year earnings forecast announced on Wednesday, March 25, 2020. I don't care.
5/8/2020
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SHIZUKI ELECTRIC CO.LTD
SHIZUKI ELECTRIC Rescheduled the release of Financial Results for the Year Ending March 2020 to May 15, 2020.
We would like to extend our deepest sympathies to all those affected by this new coronavirus infection. The Company announced the financial results for the fiscal year ending March 31, 2020, which was scheduled for Friday, May 15, 2020, as follows. We would like to inform you that it has been postponed.
5/8/2020
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NIPPON BEARING
NIPPON BEARING Provides notice regarding telecommuting following the announcement of emergency situation.
We would like to thank you for your continued support. Our company has issued a telework (commuting from home) that is currently being implemented by the government. The period will be re-extended due to the extension of the emergency declaration.
5/8/2020
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Digi International Inc.
Digi International Reports Second Fiscal Quarter 2020 Results and Provides COVID-19 Update.
(Minneapolis, MN, May 7, 2020) - Digi International® Inc. (Nasdaq: DGII), a leading global provider of business and mission critical Internet of Things ("IoT") products, services and solutions, today announced its financial results for its second fiscal quarter ended March 31, 2020.
5/7/2020
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Amazon.com, Inc.
Amazon's France warehouse closure extended again
Amazon's (AMZN +0.2%) six warehouses in France will now remain closed until May 13 as the e-commerce giant contests an appeals court ruling. The warehouses have been closed since April 16 after a court banned non-essential shipments to protect workers from potential coronavirus exposure.
5/7/2020
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Molex Incorporated
Molex Provides Global Operations Update regarding COVID-19 pandemic as of May 7, 2020.
An update on the operational status of Molex’s manufacturing facilities.
5/7/2020
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Toshiba Corporation
Resuming business at Toshiba Group domestic sites and implementing thorough measures to reduce the risk of infection with the new coronavirus.
As a measure to prevent the spread of infection in the serious phase of the infection and explosion of the new coronavirus, the Group announced on April 16 that "Toshiba Co., Ltd. and Toshiba Group companies' domestic bases will shorten business days in April." By reviewing the holiday calendar, we shortened the business days in April at our domestic bases.
5/7/2020
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Avid Technology, Inc.
Avid Technology Announces Q1 2020 Results and Supply Chain Update regarding COVID-19 pandemic.
BURLINGTON, Mass., May 07, 2020 (GLOBE NEWSWIRE) -- Avid® (NASDAQ: AVID), a leading technology provider that powers the media and entertainment industry, today announced its first quarter 2020 financial results, which were in line with the business update provided on April 7, 2020.
5/7/2020
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Everspin Technologies, Inc.
Everspin Technologies Remains fully operational amid the spread of COVID-19 outbreak.
Chandler, AZ, May 7, 2020 — Everspin Technologies, Inc. (NASDAQ: MRAM), the market leader in MRAM, today announced financial results for the first quarter ended March 31, 2020.
5/7/2020
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Motorola Solutions, Inc.
Motorola Solutions Withdraws its full year guidance and Provides COVID-19 Business Update.
CHICAGO – May 7, 2020 – Motorola Solutions, Inc. (NYSE: MSI) today reported its earnings results for the first quarter of 2020. Click here for a printable news release and financial tables.
5/7/2020
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Advantest Corporation
Advantest Provides Novel Coronavirus (COVID-19) Policy as of May 7, 2020.
Following the extension of a state of emergency announced on May 4 by the Japanese government, we keep continue all measures as reported on April 8. In addition, “Work From Home in Restricted Areas” has been expanded to cover all employees and facilities in Japan since April 17.
5/7/2020
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voxeljet AG
voxeljet AG Reports Financial Results for the Fourth Quarter and Full Year Ended December 31, 2019 and Provides COVID-19 Update.
FRIEDBERG, Germany--(BUSINESS WIRE)-- voxeljet AG (NYSE: VJET) (the “Company”, or “voxeljet”), a leading provider of high-speed, large-format 3D printers and on-demand parts services to industrial and commercial customers, today announced consolidated financial results for the fourth quarter and full year ended December 31, 2019.
5/7/2020
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Vertical International Holdings Limited
Vertical International Holdings Announces First Quarter Results for The Three Months Ended 31 March 2020 and COVID-19 Update.
GEM has been positioned as a market designed to accommodate small and mid-sized companies to which a higher investment risk may be attached than other companies listed on the Stock Exchange. Prospective investors should be aware of the potential risks of investing in such companies and should make the decision to invest only after due and careful consideration.
5/7/2020
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Qorvo Inc.
Qorvo Announces the impact of COVID-19 pandemic on 2020 Fourth Quarter Financial Results.
GREENSBORO, NC – May 7, 2020 – Qorvo® (Nasdaq:QRVO), a leading provider of innovative RF solutions that connect the world, today announced financial results for the Company's fiscal 2020 fourth quarter, ended March 28, 2020. On a GAAP basis, revenue for Qorvo's fiscal 2020 fourth quarter was $788 million, gross margin was 42.6%, operating income was $102 million and diluted earnings per share was $0.43. On a non-GAAP basis, gross margin was 49.6%, operating income was $210 million and diluted earnings per share was $1.57.
5/7/2020
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TransAct Technologies Incorporated
TransAct Technologies Announces the impact of COVID-19 pandemic on First Quarter 2020 Financial Results.
HAMDEN, Conn.--(BUSINESS WIRE)--May 7, 2020-- TransAct Technologies Incorporated (Nasdaq: TACT) (“TransAct” or the “Company”), a global leader in software-driven technology and printing solutions for high-growth markets, today reported preliminary operating results for the quarter ended March 31, 2020.
5/7/2020
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Rochester Electronics, LLC
Rochester Electronics Remains fully operational amid the spread of COVID-19 outbreak.
I want to assure you, Rochester is fully operational. We continue to support critical needs in the medical, defense and infrastructure industries with our in-stock inventory, product manufacturing, and service solutions.
5/7/2020
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SMK Corp.
SMK Corp. Announces that its Mexican factory has partially resumed operation from May 4th.
In accordance with the Mexican government's measures to address the novel coronavirus (COVID-19) pandemic, SMK Group has decided to suspend the operations at the Mexican factory.
5/7/2020
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Sanken Electric Co., Ltd.
Extension of period of measures against Novel Coronavirus(COVID-19) to May 31, 2020.
In response to the spread of infection of Novel Coronavirus Disease, we had taken measures to allow employees to work from home in principle from April 8 to May 6 according to government policy.
5/7/2020
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Intuit Inc.
Intuit cuts Q3 outlook, withdraws 2020 guidance on COVID-19 impact
Intuit said Thursday that it has withdrawn guidance for its fiscal 2020 and cut its outlook for the third quarter, citing COVID-19's impact on small business customers and the extension of the IRS tax filing deadline to mid July.
5/7/2020
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TAIYO CABLETEC
TAIYO CABLETEC Announces Response to the extended emergency declaration until May 31st.
It was announced that the period of the emergency declaration based on the revised Special Measures Law (New Corona Special Measures Law) will be extended until May 31st.
5/7/2020
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S&T Deutschland Holding AG.
S&T AG Reports strong Q1 2020 despite Corona Crisis.
Linz, May 7th, 2020. The technology group S&T AG (www.snt.at) delivers the 45th record quarter in a row with the first quarter of 2020. Even though the coronaLinz, May 7th, 2020. The technology group S&T AG (www.snt.at) delivers the 45th record quarter in a row with the first quarter of 2020. This is despite the fact that the corona crisis is currently having a major impact on the global economy and everyday life. Both sales and profitability increased further compared to the same quarter of the previous year.
5/7/2020
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Ford Motor Company
Ford to resume production at Kentucky plants on May 18
LOUISVILLE, Ky. — Ford is planning to resume production at it's Kentucky plants beginning on May 18.Ford parts distribution centers will resume full operations in North America on May 11 to support Ford dealers in providing service to keep vehicles on the road.
5/7/2020
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Luna Innovations Inc.
Luna Innovations Reports Strong First-Quarter 2020 Results and Provides Business Update on COVID-19 pandemic.
Luna Innovations Incorporated (NASDAQ:LUNA), a global leader in advanced optical technology, today announced its financial results for the three months ended March 31, 2020.
5/7/2020
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Schaffner Holding AG
Schaffner remains in the profit zone despite significant drop in sales due to the impact of COVID-19 outbreak.
Luterbach, Switzerland – 7 May 2020 – Affected by a slowdown in major end markets in the first quarter and the negative impact of the corona pandemic from the second quarter, new orders declined by 14.8% year-on-year to CHF 91.3 million (previous year/PY: CHF 107.1 million). Net sales decreased by 15.2% year-on-year to CHF 86.0 million (CHF 101.4 million). In local currencies, the change compared with the prior year was -11.9%. The book-to-bill ratio for the reporting period was 1.06, as in the previous year.
5/7/2020
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Steel Partners Holdings LP
Steel Partners Holdings Reports First Quarter Financial Results and Provides Update On Covid-19 Actions.
NEW YORK--(BUSINESS WIRE)--May 7, 2020-- Steel Partners Holdings L.P. (NYSE: SPLP), a diversified global holding company, today announced operating results for the first quarter ended March 31, 2020.
5/7/2020
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QuickLogic Corporation
QuickLogic Corporation Announces a COVID-19 Announcement.
On January 30, 2020, the World Health Organization (“WHO”) declared a global emergency due to the COVID-19 pandemic, and on February 28, 2020, the WHO raised its assessment of the threat from high to very high at a global level. The outbreak has resulted in significant governmental measures being implemented to control the spread of COVID-19, including, among others, restrictions on travel, business operations and the movement of people in many regions of the world in which the Company operates, and the imposition of shelter-in-place or similarly restrictive work-from-home orders impacting many of the Company’s offices and employees, including those located in the United States.
5/7/2020
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OSRAM Licht AG
Osram increases returns and cash flow thanks to early structural changes and COVID-19-related measures.
Osram has achieved a good second quarter given the global challenges and thus met the market expectations. Although revenue fell by almost 8 percent on a comparable basis to 821 million euros, a positive free cash flow of 64 million euros was achieved particularly through targeted cash management. The adjusted EBITDA margin improved by almost four percentage points year-on-year to 11.7 percent.
5/7/2020
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Teac Corporation
Teac's Response to prevent the spread of new coronavirus infection as of May 7, 2020.
Our company will continue the following new coronavirus infectious disease spread preventive measures in response to the extension of the emergency declaration period and the demand for work attendance suppression and promotion of telework.
5/7/2020
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IMI plc
IMI plc Announces Interim Management Statement and Coronavirus update.
Our highest priority remains the protection of our people, our communities and our customers. Following our last update on 30 March, we can report a total of 26 confirmed cases of Coronavirus across IMI. We are pleased to say that 12 have fully recovered and 14 are on the road to recovery.
5/7/2020
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Veeco Instruments Inc.
Veeco Instruments Reports First Quarter 2020 Results and COVID-19 pandemic Update.
PLAINVIEW, N.Y., May 07, 2020 (GLOBE NEWSWIRE) -- Veeco Instruments Inc. (Nasdaq: VECO) today announced financial results for its first quarter ended March 31, 2020. Results are reported in accordance with U.S. generally accepted accounting principles (“GAAP”) and are also reported adjusting for certain items (“Non-GAAP”). A reconciliation between GAAP and Non-GAAP operating results is provided at the end of this press release.
5/7/2020
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Standex International Corporation
Standex Reports Third Quarter Fiscal 2020 Financial Results and Implementing Business Continuity and Expense Savings Initiatives to Address Covid-19 Pandemic Impact.
SALEM, N.H., May 7, 2020 /PRNewswire/ -- Standex International Corporation (NYSE:SXI) today reported financial results for the third quarter of fiscal year 2020 ending March 31, 2020.
5/7/2020
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Airgain, Inc.
Airgain Announces the impact of COVID-19 on First Quarter 2020 Financial Results.
SAN DIEGO--(BUSINESS WIRE)-- Airgain, Inc. (NASDAQ: AIRG), a leading provider of advanced antenna technologies used to enable high performance wireless networking across a broad range of devices and markets, including consumer, enterprise, and automotive, today announced GAAP net loss of $1.2 million and GAAP EPS of $(0.12) for the three months ended March 31, 2020 (Q1-20). The Q1-20 net income decreased $1.3 million from the net income of $0.1 million for the three months ended December 31, 2019 (Q4-19).
5/7/2020
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Super Micro Computer, Inc.
Supermicro Announces Third Quarter Fiscal Year 2020 Financial Results and Provides Business Update on COVID-19 pandemic.
SAN JOSE, Calif.--(BUSINESS WIRE)--May 7, 2020-- Super Micro Computer, Inc. (Nasdaq: SMCI), a global leader in high-performance, high-efficiency server, storage technology and green computing, today announced financial results for its third quarter of fiscal year 2020 ended March 31, 2020.
5/7/2020
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FLEX LTD.
Flex Reports fourth quarter fiscal 2020 results and COVID-19 Business Update.
San Jose, Calif., May 7, 2020 – Flex (NASDAQ: FLEX) today announced results for its fourth quarter and fiscal year ended March 31, 2020.
5/7/2020
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Universal Electronics Inc.
Universal Electronics Reports COVID-19 Update and Results for the First Quarter 2020.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--May 7, 2020-- Universal Electronics Inc. (UEI), (NASDAQ: UEIC) reported financial results for the three months ended March 31, 2020.
5/7/2020
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Amtek Technology Co.,Ltd.
Armtek Technology Provides Business Update regarding COVID-19 pandemic as of May 7, 2020.
Since December 2019, Coronavirus (COVID-19) crisis is still being continued. There are more than 3.7 million cases and 262 thousand deaths which affecting 212 countries around the world. Some countries are recovering gradually and some remain under lockdown. However, Amtek team still can provide immediate supports and factories can fully operate smoothly. Therefore, Amtek would like to update the current situation of the impact from Coronavirus (COVID-19).
5/7/2020
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Sino-American Silicon Products Inc.
SAS Posted COVID-19 Update and 1Q2020 Results with Sufficient Cash and Solid Financial Structure.
Sino-American Silicon Products Inc. (SAS) today (5/7) held the Board meeting and approved 1Q2020 financial results. SAS 1Q2020 totaled consolidated revenue NT$15.28 billion, gross profit NT$5.05 billion, operating profit NT$3.71 billion, profit before tax NT$3.84 billion, net income attributed to the parent company NT$1.38 billion and EPS reached NT$2.37. SAS’ semiconductor subsidiary, GlobalWafers (GWC) also concluded 1Q2020 with consolidated revenue NT$13.52 billion, operating profit NT$3.81 billion, net income attributed to the parent company NT$2.88 billion and EPS hit NT$6.62.
5/7/2020
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SolarEdge Technologies Inc.
SolarEdge slides after warning of virus-related revenue drop
SolarEdge Technologies (SEDG -16.1%) plunges following weaker than expected Q1 earnings, as it warns the COVID-19 pandemic will wipe as much as $126M off its revenues during the current quarter.
5/7/2020
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Nexans S.A
Nexans S.A Reports first quarter financial information and COVID-19 Operational Status Update.
Stable Group sales in unprecedented crisis Transformation program reinforced and implemented group-wide Paving the way for a stronger Nexans
5/7/2020
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Applied Optoelectronics, Inc.
Applied Optoelectronics Announces COVID-19 Update and First Quarter 2020 Results.
SUGAR LAND, Texas,, May 07, 2020 (GLOBE NEWSWIRE) -- Applied Optoelectronics, Inc. (NASDAQ: AAOI), a leading provider of fiber-optic access network products for the internet datacenter, cable broadband, telecom and fiber-to-the-home (FTTH) markets, today announced financial results for its first quarter 2020 ended March 31, 2020.
5/7/2020
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Amtech Systems, Inc.
Amtech Reports Second Quarter Fiscal 2020 Results and COVID-19 Update.
TEMPE, Ariz.--(BUSINESS WIRE)--Amtech Systems, Inc. (NASDAQ: ASYS), a manufacturer of capital equipment, including thermal processing and wafer polishing, and related consumables used in fabricating semiconductor devices, such as silicon carbide (SiC) and silicon power chips, electronic assemblies and light-emitting diodes (LEDs), today reported results for its second quarter ended March 31, 2020.
5/7/2020
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Insight Enterprises Inc.
Insight Enterprises Reports first quarter financial information and COVID-19 Operational Status Update.
TEMPE, AZ – May 7, 2020 – Insight Enterprises, Inc. (Nasdaq: NSIT) (the “Company”) today reported financial results for the quarter ended March 31, 2020.
5/7/2020
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EBARA Corporation
EBARA's Measures to Protect Against the COVID-19 Coronavirus as of May 7, 2020.
This is to announce that EBARA CORPORATION (“the company”) continues to place the health and safety of all its employees, customers, and other stakeholders as a top priority to prevent the spread of the COVID-19 coronavirus. We have been implementing the measures stated below based on the policies of the Japanese government as well as relevant ministries, agencies, and each prefecture to tackle the coronavirus infection.
5/7/2020
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Trimble Inc
Trimble +7% after Q1 beats, suspends outlook
Trimble (NASDAQ:TRMB) +7% after yesterday's Q1 results beats top and bottom line estimates.Due to the COVID-19 pandemic, TRMB is not providing a financial outlook for the Q2 or the remainder of 2020.
5/7/2020
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Walsin Lihwa Corporation
Walsin Lihwa Announces 2020 First Quarter Financial Results Affected by COVID-19 Pandemic.
Walsin Lihwa Corporation announces its consolidated financial statements of 2020 first quarter financial results on 7th May. Affected by the Covid-19 pandemic, the consolidated net operating revenue reaches NT$24.08 billion. The consolidated operating gross profit reaches NT$1.51 billion. The consolidated income from operations is NT$0.35 billion. The net income after tax reaches NT$0.11 billion, earnings per share at NT$ 0.03.
5/7/2020
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Yokowo Co., Ltd.
Yokowo Provides update regarding Infection of one employee with COVID-19 and the Operational Status at Yokowo Manufacturing of America.
We have confirmed that one of our employees working at Yokowo Manufacturing of America, LLC (hereinafter "YMA") has tested positive for COVID-19.
5/7/2020
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Iwaki Pumps
Iwaki Pumps Provides notice regarding the extension of the emergency declaration amid COVID-19 pandemic.
We would like to express our deepest sympathies and condolences to those who died of the new coronavirus ( COVID-19 ), and to all those affected. In response to the extension of the emergency declaration period, we will continue to take the following measures from the perspective of preventing the spread of infection, placing the highest priority on ensuring the safety of our customers and employees.
5/7/2020
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SHINDENGEN ELECTRIC MANUFACTURING CO., LTD.
SHINDENGEN ELECTRIC MANUFACTURING Provides Response to new coronavirus infectious disease ( COVID -19) as of May 7, 2020.
We would like to inform you about the effects of the new coronavirus infectious disease ( COVID-19 ) on the production and shipment of our group.
5/7/2020
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NetScout Systems, Inc.
NetScout Systems Reports the impact of COVID-19 on Results For Fourth Quarter and Full Fiscal Year 2020.
WESTFORD, Mass.--(BUSINESS WIRE)-- NETSCOUT SYSTEMS, INC. (NASDAQ: NTCT), a leading provider of service assurance, security, and business analytics, today announced financial results for its fourth quarter and full fiscal year 2020 ended March 31, 2020.
5/7/2020
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Research Frontiers Incorporated
Research Frontiers Reports first quarter financial information and COVID-19 Operational Status Update.
WOODBURY, N.Y., May 07, 2020 (GLOBE NEWSWIRE) — Research Frontiers Inc. (Nasdaq: REFR) announced its financial results for its first quarter ended March 31, 2020. Management will host a conference call today at 4:30 p.m. Eastern Time to discuss its financial and operating results as well as recent developments.
5/7/2020
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Yokowo Co., Ltd.
Yokowo Provides notification regarding extension of work-at-home implementation due to the spread of new coronavirus infection.
Yokoo Co., Ltd. is a company that prevents the spread of new coronavirus infections, as well as employees and business partners. Considering the health of our employees, we have been working at home from March 31st to April 30th. Based on this, we will extend this. Regarding the work-at-home end date, due to the extension of the emergency declaration, Based on the policy and action plan of the government and the metropolitan area, we will continue to implement until 31st of March. We will consider and implement it.
5/7/2020
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KYOTO SEMICONDUCTOR Co., Ltd.
KYOTO SEMICONDUCTOR Announces notice regarding the work system of employees amid Emergency Declaration due to the spread of COVID-19 pandemic as of May 6, 2020.
[Notice] about the work system of our employees - Follow-up due to the fact that the new coronavirus infection (COVID-19) government of Emergency Declaration on measures has been postponed until May 31, 2008, the Company's working system is also working at home, such as We will continue the system considering infectious disease measures for the same period. Going forward, we will continue to take measures to put the health and safety of our employees, their families, and our customers, and other parties concerned first.
5/6/2020
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EMCORE Corporation
Impact of COVID-19 pandemic on EMCORE's Fiscal 2020 Second Quarter Results and Business Operational Status.
ALHAMBRA, Calif., May 06, 2020 (GLOBE NEWSWIRE) -- EMCORE Corporation (Nasdaq: EMKR), a leading provider of advanced mixed-signal products that serve the aerospace & defense and broadband communications markets, today announced results for its fiscal 2020 second quarter ended March 31, 2020 (2Q20). Management will host a conference call to discuss financial and business results tomorrow, Thursday, May 7, 2020, at 8:00 AM Eastern Time.
5/6/2020
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Allied Motion Technologies Inc.
Allied Motion Reports First Quarter 2020 Results and COVID-19 pandemic Update.
AMHERST, N.Y.--(BUSINESS WIRE)--May 6, 2020-- Allied Motion Technologies Inc. (Nasdaq: AMOT) (“Allied Motion” or “Company”), a designer and manufacturer that sells precision and specialty controlled motion products and solutions to the global market, today reported financial results for its first quarter ended March 31, 2020. Results include the Dynamic Controls Group (“Dynamic Controls”) acquisition that was completed on March 7, 2020.
5/6/2020
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FLIR Systems Inc.
FLIR Systems Reports First Quarter 2020 Financial Results and Announces that all of its manufacturing facilities remain operational amid the spread of COVID-19 outbreak.
ARLINGTON, Va.--(BUSINESS WIRE)--May 6, 2020-- FLIR Systems, Inc. (NASDAQ: FLIR) (“FLIR” or the “Company”), a world leader in the design, manufacture, and marketing of intelligent sensing technologies, today announced financial results for the first quarter ended March 31, 2020.
5/6/2020
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Curtiss-Wright Corporation
Curtiss-Wright Reports First Quarter 2020 Financial Results and Provides update on COVID-19 outbreak.
DAVIDSON, N.C.--(BUSINESS WIRE)-- Curtiss-Wright Corporation (NYSE: CW) reports financial results for the first quarter ended March 31, 2020.
5/6/2020
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SolarEdge Technologies Inc.
SolarEdge Announces First Quarter 2020 Financial Results and Provides Business Update regarding COVID-19 outbreak.
FREMONT, Calif.--(BUSINESS WIRE)--May 6, 2020-- SolarEdge Technologies, Inc. (Nasdaq: SEDG), a global leader in smart energy, today announced its financial results for the first quarter ended March 31, 2020.
5/6/2020
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ADTRAN, Inc.
ADTRAN, Inc. Reports the impact of COVID-19 pandemic on Earnings for the First Quarter of 2020 and Declares Quarterly Cash Dividend.
HUNTSVILLE, Ala.--(BUSINESS WIRE)-- ADTRAN, Inc. (NASDAQ:ADTN) (“ADTRAN” or the “Company”) today announced financial results for the first quarter of 2020. For the quarter, revenue was $114.5 million compared to $143.8 million for the first quarter of 2019. Earnings for the first quarter of 2020 were a net loss of $10.0 million compared to net income of $0.8 million for the first quarter of 2019. Earnings per share was a loss of $0.21 per share compared to earnings of $0.02 per share, assuming dilution, for the first quarter of 2019.
5/6/2020
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INNOLUX CORPORATION
Innolux posts 6th straight quarterly loss
LCD panel maker Innolux has reported its sixth straight quarterly loss of NT$5.3 billion (US$177.6 million) for the first quarter of 2020, with the company blaming its lackluster performance to low capacity utilization rate at its LCM plants in China due to extended Lunar New Year holidays in the wake of the coronavirus outbreak.
5/6/2020
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FormFactor, Inc.
FormFactor Announces the impact of COVID-19 on First Quarter 2020 Financial Results and business operations.
LIVERMORE, Calif., May 06, 2020 (GLOBE NEWSWIRE) -- FormFactor, Inc. (Nasdaq: FORM) today announced its financial results for the first quarter of fiscal 2020 ended March 28, 2020. Quarterly revenues were $160.8 million, down 10.0% from $178.6 million in the fourth quarter of fiscal 2019, and up 21.6% from $132.2 million in the first quarter of fiscal 2019.
5/6/2020
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Lyft
Lyft Narrows Loss Despite Virus, Sending the Stock Surging
Lyft Inc. overcame investors’ worst expectations Wednesday when it pushed closer to profitability and reported moderate growth of the ride-hailing business in a quarter partly marred by the effects of the coronavirus pandemic.
5/6/2020
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IEC Electronics Corporation
IEC Announces Covid-19 update and Fiscal 2020 Second Quarter Results.
Newark, New York, May 6, 2020 - IEC Electronics Corp. (Nasdaq: IEC) today announced results for the fiscal 2020 second quarter and six months ended March 27, 2020.
5/6/2020
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Watts Water Technologies Inc.
Watts Water Technologies Reports First Quarter 2020 Results and Provides COVID-19 Business Update.
NORTH ANDOVER, Mass.--(BUSINESS WIRE)-- Watts Water Technologies, Inc. (NYSE: WTS) today announced results for the first quarter of 2020.
5/6/2020
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Dialog Semiconductor PLC
Dialog Semiconductor Reports results for the first quarter ended 27 March 2020 and Announces COVID-19 update.
Q1 2020 revenue at the high-end of the guidance range at US$248 million, underlying gross margin at 50.4%, and strong balance shee
5/6/2020
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Radware Ltd.
Radware Lags Q1 Earnings and Revenue Estimates due to the impact of COVID-19 outbreak.
Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, today announced its consolidated financial results for the quarter ended March 31, 2020.
5/6/2020
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Viavi Solutions Inc.
VIAVI Announces the impact of COVID-19 pandemic on Third Quarter Fiscal 2020 Results.
SAN JOSE, Calif., May 6, 2020 /PRNewswire/ -- VIAVI (NASDAQ: VIAV) today reported results for its third fiscal quarter ended March 28, 2020. Amounts presented below are on a continuing operations basis unless otherwise noted.
5/6/2020
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MagnaChip Semiconductor Corporation
MagnaChip Delivers Solid Execution in First Quarter 2020 and Announces that its supply chain currently is operating at normal levels amid COVID-19 outbreak.
SEOUL, South Korea and SAN JOSE, Calif., May 6, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation (NYSE: MX) ("MagnaChip" or the "Company") today announced financial results for the first quarter of 2020.
5/6/2020
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Trimble Inc
Trimble Reports COVID-19 update and First Quarter 2020 Results.
SUNNYVALE, Calif., May 6, 2020 /PRNewswire/ -- Trimble Inc. (NASDAQ: TRMB) today announced financial results for the first quarter of 2020.
5/6/2020
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Fortinet, Inc.
Fortinet Reports First Quarter 2020 Financial Results and COVID-19 Impact on business and operations.
SUNNYVALE, Calif., May 06, 2020 (GLOBE NEWSWIRE) -- Fortinet® (Nasdaq: FTNT), a global leader in broad, integrated and automated cybersecurity solutions, today announced financial results for the first quarter ended March 31, 2020.
5/6/2020
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Tesla
Tesla preparing to partially reopen Fremont factory: report
Tesla Inc. TSLA, +1.87% is preparing to resume some car production at its Fremont, Calif., factory within the next week, potentially in violation of local coronavirus rules, the San Francisco Chronicle reported late Wednesday. Citing an anonymous source familiar with factory operations, the Chronicle said a small number of employees returned to the plant Wednesday to start preparations to reopen some production lines between now and next week.
5/6/2020
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VJ Technologies Inc
VJ Technologies Provides Business Update regarding COVID-19 pandemic.
The challenges this unprecedented global pandemic has presented are widespread and, at times, incomprehensible. The loss of human life is devastating, the effects on the global economy will resonate for many months. No family, community, or country has been able to escape this debilitating virus that has us all living within a new paradigm that none of us could have even imagined a few short months ago. Yet the human spirit perseveres.
5/6/2020
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T-Mobile US, Inc.
T-Mobile Q1 solid, COVID-19 hit, Sprint integration lands in Q2
T-Mobile said it is seeing "notable shifts" in how its customers are using its network with tethering, messaging and collaboration top use cases as the company laid out better-than-expected first quarter earnings.
5/6/2020
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SMTC Corporation
SMTC Corporation Announces First Quarter Results and Business Update on COVID-19 pandemic.
TORONTO, May 06, 2020 (GLOBE NEWSWIRE) -- SMTC Corporation (Nasdaq:SMTX), a global electronics manufacturing services provider and winners of Frost & Sullivan’s 2019 Best Practices Award for Customer Value Leadership in the Electronics Manufacturing Services Industry, today announced first quarter 2020 results
5/6/2020
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Uber Technologies Inc.
Uber will lay off 3,700 full time workers due to COVID-19
Uber is laying off 3,700 full-time employees, or about 14% of its workforce, due to the sustained impact of the novel coronavirus pandemic, the company announced in a filing with the Securities and Exchange Commission on Wednesday. Additionally, Uber CEO Dara Khosrowshahi will forego his base salary for the rest of 2020, the company said.
5/6/2020
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PHOTON CONTROL INC
Photon Control Reports First Quarter 2020 Financial Results and Business Update on COVID-19 outbreak.
Vancouver, BC, May 6, 2020 – Photon Control Inc. (“Photon Control” or the “Company”) (TSX: PHO), a leading developer and supplier of optical measurement technologies and systems, has reported its financial results for the three months ended March 31, 2020.
5/6/2020
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OSRAM Opto Semiconductors GmbH
OSRAM is currently allowed to re-start all production lines in Penang effective with 1 May 2020.
While the Movement Control Order (MCO) of the Malaysian government were extended until 12 May 2020 the Malaysian authorities have continued to relax the restriction for certain important industries. Due to this further easing of restrictions, OSRAM is currently allowed to re-start all production lines in Penang effective with 1 May 2020.
5/6/2020
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EBARA Corporation
Operations of EBARA Overseas Group Companies, as of May 6, 2020.
With regards to a part of EBARA overseas group companies, some factories has suspended their operations in accordance with the government order for each country along with the recent COVID-19 outbreak. The following is the status for our company.
5/6/2020
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Landis+Gyr AG
Landis+Gyr Announces the impact of COVID-19 outbreak on FY 2019 Financial Results.
Zug, Switzerland – May 6, 2020 – Landis+Gyr (LAND.SW) today announced unaudited financial results for financial year 2019 (April 1, 2019–March 31, 2020).
5/6/2020
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LITE-ON SEMICONDUCTOR CORP.
LITE-ON SEMICONDUCTOR Announces all the product lines revenue were impacted by Covid 19 in the 1st quarter.
(May 5th, 2020, Taipei News) LSC (TWSE : 5305) held its board meeting and approved the Company’s 1st quarter consolidated financial report of year 2020. All the product lines revenue were impacted by Covid 19 in the 1st quarter, however the major declined of 45% and 47% in the 1st quarter revenue on a YoY and a QoQ basis respectively because On-Bright Electronics sales was no longer consolidated starting this year. The consolidated 1st Quarter sales was NTD1.45 billion, proceeds from disposal of 16.5% of On-Brights’ shares together with profit injection from Diodes Inc. amounted to a NTD7.09 earnings per share contribution for the quarter.
5/5/2020
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Ohmite Mfg. Co.
Ohmite Mfg Provides Update regarding Business Continuity amid the spread of COVID-19 pandemic.
ARCOL Resistors, Truro, England – This manufacturing facility is open, and running with two three-day shifts, Monday through Saturday. We have instituted proper spacing, temperature control, masks, etc.
5/5/2020
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IPG Photonics Corporation
IPG Photonics Corporation Announces a COVID-19 Statement.
As a result of the COVID-19 pandemic, governmental authorities where we produce and sell our products implemented and are continuing to implement numerous and evolving measures to contain the virus, such as travel bans and restrictions, quarantines, shelter-in-place orders and guidance and business shutdowns. We have significant manufacturing operations in the U.S., Europe and Russia, and a material portion of our sales are in China, the U.S. and Europe. Each of these countries and regions has been affected by the pandemic and has taken measures to try to contain it. While our main production facilities currently remain operational, these measures have impacted and may further impact our workforce and operations, as well as those of our customers, vendors and suppliers. There is considerable uncertainty regarding such measures and potential future measures. In addition to reduced productivity, the constraints and limits implemented in our operations in response to COVID-19 may slow or diminish our research and development activities and qualification activities with our customers. Although many governmental measures had specific expiration dates, some of those measures have been extended. As a result, there is considerable uncertainty regarding the duration of such measures and potential future measures. Restrictions on our manufacturing, support operations or workforce, or similar limitations for our vendors and suppliers could limit our ability to meet customer demand, testing, installation and acceptance of our equipment, push outs of orders, deliveries and payment terms, and could have a material adverse effect on our financial condition, cash flows and results of operations. In addition, restrictions or disruptions of transportation, such as reduced availability of air transport, port closures and increased border controls or closures, resulted in higher costs and delays, which could limit our ability to manufacture, deliver or install products and generate sales, and could have a material adverse effect on our financial condition, cash flows and results of operations.
5/5/2020
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AMETEK Inc.
AMETEK Announces First Quarter Results and Provides Business Update on COVID-19 pandemic.
BERWYN, Pa., May 5, 2020 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced its financial results for the first quarter ended March 31, 2020.
5/5/2020
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Aptiv PLC
Aptiv Reports First Quarter 2020 Financial Results and Provides Business Continuity Update amid COVID-19 outbreak.
DUBLIN, May 5, 2020 /PRNewswire/ -- Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener and more connected, today reported first quarter 2020 U.S. GAAP earnings of $6.14 per diluted share, which includes a gain of $5.63 per diluted share resulting from the completion of Aptiv's autonomous driving joint venture with Hyundai Motor Group ("Hyundai").
5/5/2020
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DuPont
DuPont Reports First Quarter 2020 Results and Provides Business Update regarding COVID-19 pandemic.
DuPont (NYSE: DD) today announced financial results for the first quarter 2020.
5/5/2020
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Amazon.com, Inc.
Amazon Wins Business From Reluctant Brands After Virus Closes Stores
Geckobrands was wary of Amazon.com Inc. when it first started selling waterproof smartphone cases and other outdoor gear seven years ago. The Grandville, Michigan, company knew that getting too cozy with the world’s largest online retailer could alienate the brick-and-mortar stores with which it was trying to develop relationships. When the pandemic struck, Geckobrands products were in more than 3,000 locations, including Dick’s Sporting Goods Inc., the supercenter chain Meijer Inc. and amusement park kiosks.
5/5/2020
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Illinois Tool Works Inc.
Illinois Tool Works Inc Q1 Profit Retreats due to the severity of the coronavirus (COVID-19) pandemic.
GLENVIEW, Ill., May 05, 2020 (GLOBE NEWSWIRE) -- Illinois Tool Works Inc. (NYSE: ITW) today reported its first quarter 2020 results with GAAP earnings per share (EPS) of $1.77 compared to $1.81 in the prior year period. First-quarter revenue of $3.2 billion declined 9.1 percent with organic revenue down 6.6 percent. Foreign currency translation and divestitures reduced revenues by 1.5 percent and 1.0 percent, respectively. Operating margin was flat at 23.6 percent as Enterprise Initiatives contributed 120 basis points. Free cash flow was $554 million with a 98 percent conversion rate and after-tax return on invested capital was 27.0 percent.
5/5/2020
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GlobalWafers Co., Ltd.
GlobalWafers Shows Stable Performance with EPS reaches NT$6.62 in 1Q20 and Announces Update on COVID-19 pandemic.
GlobalWafers today (5/5) held the Board meeting and approved 1Q2020 financial results. GlobalWafers 1Q2020 totaled consolidated revenue NT$13.52 billion, gross profit NT$4.94 billion, operating profit NT$3.81 billion, net income attributed to the parent company NT$2.88 billion and EPS reached NT$6.62.
5/5/2020
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Powell Industries, Inc.
Powell Industries Announces Fiscal 2020 Second Quarter Results and Maintained all of its operations as an essential business amid COVID-19 outbreak.
HOUSTON, May 5, 2020 /PRNewswire/ -- Powell Industries, Inc. (NASDAQ: POWL), a leading supplier of custom engineered solutions for the management, control and distribution of electrical energy, today announced results for the fiscal 2020 second quarter ended March 31, 2020.
5/5/2020
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Weltrend Semiconductor, Inc.
Weltrend Semiconductor Announces the impact of COVID-19 pandemic on its financial results for the quarter ended March 31, 2020.
Hsinchu, Taiwan, May 5, 2020 – Weltrend Semiconductor (TWSE:2436) today announced financial results for the quarter ended March 31, 2020 with consolidated revenue of NT$ 474.83 million, net loss of NT$ 130.45 million, and diluted earnings per share of NT$-0.73.
5/5/2020
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Hyundai Motor Company
Hyundai Motor and Kia Motors Resume Operations of U.S. Plants
Hyundai Motor and Kia Motors restarted their U.S. factories on May 4 after a 47-day closure ignited by the spread of the novel coronavirus. Hyundai's Chennai plant in India is also set to resume operations this week. However, Kia Motors’ Mexico plant will remain locked down as the virus is still spreading.
5/5/2020
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Transcat, Inc.
Transcat's President & CEO Lee Rudow, Provides an update letter on COVID-19 pandemic.
I wanted to take a moment to reach out with an update on Transcat’s response to the COVID-19 pandemic. We take the health and safety of our customers and employees very seriously, and it remains a top priority for our leadership team. I am reaching out to update you on our response, and how we continue to support you through this difficult time.
5/5/2020
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INNOLUX CORPORATION
INNOLUX Announces the impact of COVID-19 pandemic on First Quarter 2020 Financial Results.
Innolux Corporation (3481.TW) announced its 1Q 2020 consolidated revenues of NT$ 50.4 billion, operating loss of NT$ 6.2billion, net loss of NT$ 5.3 billion, and a basic EPS of NT$ -0.55, depreciation & amortization of NT$ 8.8 billion and capital expenditure of NT$ 6.5 billion.
5/5/2020
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KCE Electronics Public Company Limited
KCE Electronics Public to Temporarily close KCE International Co due to the impact of the COVID-19 outbreak.
KCE Electronics Public Company Limited (“the Company,” or “KCE”) would like to notify the temporary closure of one of our subsidiary, KCE International Co., Ltd., (“KCEI”), due to the impact of the COVID-19 outbreak on the current market and a decline in demand from automotive customers worldwide.
5/5/2020
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LPKF Laser & Electronics AG
LPKF Laser & Electronics Reports financial results for first quarter and Provides Business Continuity Update amid COVID-19 pandemic.
LPKF already forecast a weak first quarter back in February. The seasonal timing of large orders from the company's two biggest customers accounts for almost the entire difference to the first quarter of last year. There was only minor impact of the COVID-19 pandemic. LPKF is expecting a significant revenue increase in the current second quarter, including from large orders, some of which have already been delivered.
5/5/2020
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Vishay Precision Group, Inc.
Vishay Precision Reports Fiscal 2020 First Quarter Results and Provides Business Update regarding COVID-19 pandemic.
MALVERN, Pa., May 05, 2020 (GLOBE NEWSWIRE) -- Vishay Precision Group, Inc. (NYSE: VPG), a leading producer of precision sensors and sensor-based systems, today announced its results for its fiscal 2020 first quarter ended March 28, 2020.
5/5/2020
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GlobalWafers Co., Ltd.
GlobalWafers outlook becomes uncertain
Market observers have expressed uncertainty about silicon wafer company GlobalWafers' business prospects for the third quarter, citing the coronavirus pandemic's impact on end-market demand.
5/5/2020
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Nanya Technology Corporation
Nanya Technology’s operation was not affected by the COVID-19 epidemic.
May 5th, 2020– Nanya Technology Corporation (Ticker: 2408) today announced its unaudited consolidated net sales revenue of NT$ 5,620 million for April 2020, representing a 4.93% increase month-over-month, 36.70% increase year-over-year.Nanya Technology’s operation was not affected by the COVID-19 epidemic thus far, however, U.S. and Europe epidemics continue may affect global economic, the company will continue monitor the future development of COVID-19.
5/5/2020
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Cool Holdings, Inc.
Cool Holdings to Reopen 6 of its Simply Mac Stores and Expand Hours at 28 Stores.
MIAMI, May 5, 2020 – Cool Holdings, Inc. (OTCQB: AWSM) (the “Company” or “Cool Holdings”), the parent company of Simply Mac, Inc., the largest Apple Premier Partner in the U.S. (“Simply Mac”), announced that it has begun to reopen and expand the hours of many of its Simply Mac retail stores that had been closed or had hours of operation curtailed as a result of the COVID-19 pandemic. Four stores located in Johnson City, TN, Lubbock, TX, Missoula, MT, and Springfield, MO were opened on May 4, 2020, and two stores located in Bozeman, MT and Ft. Wayne, IN are scheduled to reopen on May 18, 2020. The Company had previously reduced hours of operation at all stores by closing on Sundays and Mondays, but is now reopening 28 additional stores on Mondays. These actions are enabling Simply Mac to rehire many of its employees who were previously laid-off during the closures.
5/5/2020
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KLA Corporation
KLA Corporation Reports the impact of COVID-19 pandemic on its Fiscal 2020 Third Quarter Results.
MILPITAS, Calif., May 5, 2020 /PRNewswire/ -- KLA Corporation (NASDAQ: KLAC) today announced operating results for its third quarter of fiscal year 2020, which ended on March 31, 2020, and reported GAAP net income attributable to KLA of $78 million and GAAP earnings per diluted share attributable to KLA of $0.50 on revenues of $1.42 billion.
5/5/2020
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FedEx Corporation
FedEx workers in Newark die from COVID-19
New Jersey Senator Cory Booker has asked FedEx (NYSE:FDX) about its safety protocols following a coronavirus outbreak at the company's air hub in Newark International Airport.
5/5/2020
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BK Technologies, Inc.
BK Technologies Corporation committed to workforce reductions of approximately 18%, due to coronavirus.
On May 4, 2020, BK Technologies Corporation (the “Company”) committed to workforce reductions of approximately 18%, which are being implemented as part of the Company’s cost cutting initiatives to better position the Company in an uncertain business environment resulting from the COVID-19 pandemic. The terminations were effective May 4, 2020. The Company expects to incur an aggregate of approximately $221,000 in severance costs relating to these workforce reductions. These costs will be recognized in the second quarter of 2020 and will be paid over the next five months.
5/5/2020
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IPG Photonics Corporation
IPG Photonics Reports First quarter revenue of $249 million decreased 21% year over year due to the effects of COVID-19 on the global demand environment.
OXFORD, Mass., May 05, 2020 (GLOBE NEWSWIRE) -- IPG Photonics Corporation (NASDAQ: IPGP) today reported financial results for the first quarter ended March 31, 2020.
5/5/2020
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Cohu, Inc.
Cohu Reports First Quarter 2020 Results and Announces that its operations remaining largely open amid the spread of COVID-19 pandemic.
POWAY, Calif.--(BUSINESS WIRE)--May 5, 2020-- Cohu, Inc. (NASDAQ: COHU), a global leader in back-end semiconductor equipment and services, today reported fiscal 2020 first quarter net sales of $138.9 million and GAAP loss of $17.3 million or $0.42 per share. Cohu also reported first quarter 2020 non-GAAP income of $0.1 million or $0.00 per share.
5/5/2020
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MoSys, Inc.
MoSys, Inc. Reports First Quarter 2020 Financial Results and Announces COVID-19 Update.
SAN JOSE, CA / ACCESSWIRE / May 5, 2020 / MoSys, Inc. (NASDAQ:MOSY), a provider of high-speed semiconductor solutions, today reported financial results for the first quarter ended March 31, 2020.
5/5/2020
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Lumentum Holdings Inc.
Lumentum Announces Fiscal Third Quarter 2020 Financial Results and Provides Business Continuity Update on COVID-19 pandemic.
SAN JOSE, Calif., May 5, 2020 /PRNewswire/ -- Lumentum Holdings Inc. ("Lumentum" or the "Company") today reported results for its fiscal third quarter of 2020 ended March 28, 2020.
5/5/2020
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Alpha and Omega Semiconductor Limited
Alpha and Omega Semiconductor (AOSL) Beats Q3 Earnings and Revenue Estimates and Provides Business Update regarding COVID-19 pandemic.
SUNNYVALE, Calif.--(BUSINESS WIRE)-- Alpha and Omega Semiconductor Limited (“AOS”) (NASDAQ: AOSL) today reported financial results for the fiscal third quarter of 2020 ended March 31, 2020.
5/5/2020
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D-Link Corp.
D-Link Announces the impact of COVID-19 outbreak on its consolidated financial results for the first quarter of 2020.
Taipei, Taiwan, May 5th, 2020 - D-Link Corporation (“D-Link”, “the Company”, or “the Group”) (TAIEX 2332) today announced its global unaudited consolidated financial results for the first quarter of 2020.
5/5/2020
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VITROHM HOLDING GmbH
Vitrohm’s Production Capacity back to normal in May.
The end of the state of emergency in Portugal allows Vitrohm’s production capacity to get back to “normal” from May 4th, but still with restrictive safety and health measures to help contain the virus
5/5/2020
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Broadcom Inc.
Broadcom Provides COVID-19 Pandemic Update and Related Risks.
The global spread of COVID-19 and the efforts to control it have slowed global economic activity and disrupted, and reduced the efficiency of, normal business activities in much of the world. The pandemic has resulted in authorities around the world implementing numerous unprecedented measures such as travel restrictions, quarantines, shelter in place orders, and factory and office shutdowns. These measures have impacted and will continue to impact our workforce and operations, and those of our customers, contract manufacturers (“CMs”), suppliers and logistics providers, particularly if the restrictions on movement intensify or expand to additional countries.
5/5/2020
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Kendrion NV
Kendrion NV Provides COVID-19 Business Update and Posts revenue and EBITDA growth in solid Q1 2020.
To date, Kendrion has had five known COVID-19 infections, all fully recovered; number of known active cases at zero
5/5/2020
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Ballard Power Systems Inc.
Ballard Power Systems to withdraw 2020 revenue outlook due to the impact of COVID-19 outbreak
VANCOUVER, CANADA – Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced consolidated financial results for the first quarter ended March 31, 2020. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards (IFRS).
5/5/2020
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Kopin Corporation
Kopin Provides Business Update on COVID-19 pandemic and First Quarter 2020 Operating Results.
WESTBOROUGH, Mass. - Kopin Corporation (Nasdaq: KOPN), a leading provider of innovative wearable computing technologies and solutions, today provided an update on its business initiatives and reported financial results for the first quarter ended March 28, 2020.
5/5/2020
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TE Connectivity Ltd.
TE Connectivity AD&M Announces Update on Global Operations amid COVID-19 pandemic.
AD&M’s Hermosillo, Mexico site is beginning limited production on Monday May 4th.
5/4/2020
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Amazon.com, Inc.
Amazon's French warehouses remain closed
Amazon (NASDAQ:AMZN) will extend the closure of its six warehouses in France until May 8.The warehouses closed on April 16 after a court banned Amazon from shipping non-essential items to protect workers from potential coronavirus exposure.
5/4/2020
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Foxconn Electronics Inc.
Foxconn gets approval to resume manufacturing at Andhra plant: Xiaomi.
Amid uncertainties over letting mobile and original equipment manufacturers (OEM) reopening factories, Xiaomi India on Monday confirmed Foxconn that manufactures its phones has received necessary approval to reopen its plant in Andhra Pradesh.
5/4/2020
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S&C Electric Company
A Message from S&C’s New President & CEO regarding COVID-19 outbreak.
As I start my role as the President & CEO of S&C Electric Company, it’s exciting to join a fantastic team and take the helm of a great company that’s built its 109-year reputation on a culture of innovation and pioneering presence in the market. At the same time, it’s humbling. I’m only the fifth CEO of S&C, and as I reflect on those who have come before me and how their accomplishments have built the foundation and culture of our company, these values are so important in a time like this when we’re facing the challenging situation of the COVID-19 pandemic.
5/4/2020
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Micross Components, Inc.
MICROSS Remains open to Support Essential Defense Industrial Base (DIB) Sectors amid COVID-19 pandemic.
As the Coronavirus (COVID-19) situation continues to evolve, Micross has taken a series of precautionary measures to protect our employees & partners and to ensure continuity of service for our customers. Micross continues to monitor the recommendations from the Center for Disease Control as well as local and federal agency directives.
5/4/2020
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Boyd Corporation
Boyd Provides update regarding Business Operational Status amid coronavirus outbreak, as of May 4, 2020.
Boyd Corporation’s primary goal is to keep our employees and their communities safe during the COVID-19 Virus Outbreak. Our secondary goal is to maintain critical supply continuity for our customers. We will continue to take all appropriate and reasonable measures to attempt to mitigate any potential impact to customers, commit to communicate updates as they develop, and resume and sustain production as quickly as possible.
5/4/2020
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Chicony Power Technology Co., Ltd.
Chicony Power Technology Announces that consolidated revenues for the first quarter declined 7.2% to NT$6,709 million affected by COVID-19 pandemic.
Chicony Power Technology Co., Ltd. (6412.TW) today held its investor conference and announced its consolidated financial results for the first quarter of 2020. Affected by COVID-19, consolidated revenues for the first quarter declined 7.2% to NT$6,709 million. Thanks to a better product mix, Chicony Power’s gross margin reached 15.2%, up 0.9ppt from the same period last year. Meanwhile, operating margin improved 1.2ppt from a prior-year quarter to 5.3%. As a result, consolidated operating profit hit an all-time-high for the same period and reached NT$326 million, up 19.4% year over year. Net profits attributable to owners of the parent was NT$134 million, with a basic EPS of NT$0.35.
5/4/2020
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EnOcean GmbH
EnOcean Provides Update on Coronavirus pandemic as of May 4, 2020.
Due to the coronavirus pandemic, we provide you with an update on the situation and the actions taken.
5/4/2020
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Cree, Inc.
Cree’s quarterly revenue falls 10% due to the impact of COVID-19 outbreak
For fiscal third-quarter 2020 (ended 29 March), Cree Inc of Durham, NC, USA has reported revenue of $215.5m, down 10% on $239.9m last quarter and 21% on $274m a year ago (and below the expected $221–229m).
5/4/2020
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Ichor Systems
Ichor Systems Announces First Quarter 2020 Financial Results and COVID-19 Business Update.
FREMONT, Calif.--(BUSINESS WIRE)-- Ichor Holdings, Ltd. (NASDAQ: ICHR), a leader in the design, engineering, and manufacturing of critical fluid delivery subsystems for semiconductor capital equipment, today announced first quarter 2020 financial results.
5/4/2020
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Grayhill Inc.
Grayhill Plans to remain operational during the period of the Stay-at-Home order amid COVID-19 pandemic as of May 4, 2020.
Grayhill manufactures Human Interface Components and Solutions for customers in industries that provide “essential products needed to ensure the continuing operation of government agencies and provide for health, safety, and welfare of the public”. Examples of “essential products” include Medical Devices, Agricultural and Construction Equipment, as well as Defense Equipment.
5/4/2020
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Toshiba Corporation
Toshiba will resume business operations at domestic bases in Japan on May 7, 2020.
In response to the extension of the emergency declaration, Toshiba, which is in principle closed for all bases until the 6th, decided not to extend the suspension period and to resume its business activities from the 7th. Next month, we will introduce a three-day work week at domestic factories to reduce the number of people who go to work while maintaining economic activity.
5/4/2020
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Skyworks Solutions, Inc.
Skyworks Solutions Reports Q2 FY20 Results and Provides Business update on COVID-19 pandemic.
IRVINE, Calif.--(BUSINESS WIRE)--May 4, 2020-- Skyworks Solutions, Inc. (Nasdaq: SWKS), an innovator of high-performance analog semiconductors connecting people, places and things, today reported second fiscal quarter results for the period ended March 27, 2020. Revenue for the second fiscal quarter was $766.1 million.
5/4/2020
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Stanley Electric Co., Ltd.
Stanley Electric Temporary suspends shipments at its Warehouse Facility due to the suspection that one employee infected with the new coronavirus.
It has come to our attention that an Employee from a co-tenant warehouse company have shown symptoms of COVID-19 last week. As a precaution, we will be temporarily suspending our shipping operation until further notice.
5/4/2020
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Knowles Corporation
Knowles Reports Q1 2020 Financial Results and Business Update regarding COVID-19 pandemic.
ITASCA, Ill.--(BUSINESS WIRE)-- Knowles Corporation (NYSE: KN), a market leader and global provider of advanced micro-acoustic, audio processing, and precision device solutions, today announced results for the quarter ended March 31, 2020.
5/4/2020
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Kimball Electronics, Inc.
Kimball Electronics, Inc. Reports Third Quarter Fiscal Year 2020 Results and Announces update on Business Continuity amid COVID-19 pandemic.
JASPER, Ind., May 04, 2020 (GLOBE NEWSWIRE) -- Kimball Electronics, Inc. (NASDAQ: KE) today announced financial results for its third quarter ended March 31, 2020.
5/4/2020
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Itron, Inc.
Itron Announces First Quarter 2020 Financial Results and Provides Update on COVID-19.
LIBERTY LAKE, Wash.--(BUSINESS WIRE)--May 4, 2020-- Itron, Inc. (NASDAQ:ITRI) announced today financial results for its first quarter ended Mar. 31, 2020.
5/4/2020
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Excelpoint Technology Ltd
Excelpoint Technology Provides Update on COVID-19 and Business Outlook.
On 16 March 2020, the Group announced that with effect from this financial year ending 31 December 2020 (FY2020), it will adopt half-yearly announcements instead of quarterly announcements.
5/4/2020
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Perceptron, Inc.
Perceptron Announces a Coronavirus Statement.
On March 25, 2020, the Securities and Exchange Commission (the “SEC”) issued the Order under Section 36 of the Securities Exchange Act of 1934 Modifying Exemptions from the Reporting and Proxy Delivery Requirements for Public Companies, (Release No. 34-88465) (the “Order”), which provides conditional relief to public companies that are unable to timely comply with certain filing obligations as a result of the COVID-19 pandemic. Due to the ongoing COVID-19 pandemic, the Company is delaying the filing of its Quarterly Report on Form 10-Q for the quarter ended March 31, 2020 (the “Quarterly Report”) in reliance on the Order.
5/4/2020
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Perceptron, Inc.
Perceptron Announces Business Statement on COVID-19 pandemic.
PLYMOUTH, Mich., May 04, 2020 (GLOBE NEWSWIRE) -- Perceptron (NASDAQ: PRCP), a leading global provider of 3D automated metrology solutions and coordinate measuring machines, announced its intention today to postpone the filing of its Form 10-Q and the issuance of its fiscal third quarter results and related conference call until early June 2020. The delay is the result of operational disruptions to its normal processes resulting from the COVID-19 pandemic. On March 25, 2020, the U.S. Securities and Exchange Commission issued an order granting public issuers impacted by COVID-19 an exemption from filing requirements due on or before July 1, 2020. Perceptron intends to complete all necessary filings well before the revised deadline.
5/4/2020
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Honda Motor Co., Ltd.
Honda, PSA to Gradually Restart Car Plants in Coming Weeks
PSA Group and Honda Motor Co. will gradually restart manufacturing sites in the coming weeks as European countries begin to lift lockdown restrictions and reopen vehicle showrooms.
5/4/2020
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Regal Beloit Corp.
Regal Beloit Announces First Quarter 2020 Financial Results and Reports that its global manufacturing operations are largely operational amid COVID-19 outbreak.
Regal Beloit Corporation Announces First Quarter 2020 Financial Results
5/4/2020
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Samtec
Samtec Announces Coronavirus Update/Service Recovery Plan as of May 4, 2020.
Samtec has been approved at ALL Malaysian manufacturing sites for 100% capacity as of 5/4.
5/4/2020
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Dolby Laboratories, Inc.
Dolby Laboratories Announces Q2 Profit and Withdraws FY20 Outlook.
SAN FRANCISCO, May 04, 2020 (GLOBE NEWSWIRE) -- Dolby Laboratories, Inc. (NYSE:DLB) today announced the company's financial results for the second quarter of fiscal 2020. For the second quarter, Dolby reported total revenue of $351.8 million, compared to $338.3 million for the second quarter of fiscal 2019.
5/4/2020
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SPEA S.p.A
SPEA S.p.A Provides Business Update regarding COVID-19 outbreak as of May 4, 2020.
SPEA continues to operate, under the constraints of the Coronavirus with the main concern to protect our employees’ health and safety.
5/4/2020
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Italcoppie Sensori Srl
Italcoppie Sensori Resumed normal activities on May 4, 2020.
we inform you that following the latest provisions of the Italian Government, Italcoppie Sensori has also been able to resume its activities.
5/4/2020
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YAGEO Corporation
YAGEO Reported its first-quarter results of 2020 & Provides Business Update regarding COVID-19 pandemic
Yageo Corporation (TAIEX: 2327 TW) today announced its first-quarter results of 2020. Net consolidated sales reported NT$ 10,023 million, up 0.1% q-o-q but down 12.0% y-o-y respectively. Net consolidated profits after tax attributable to parent company in the first quarter reported NT$ 2,350 million (up 163.1% q-o-q) or NT$ 5.51 earnings per share. Gross margin rate posted 40.3%, up 6.8% percentage point q-o-q but down 4.5% percentage point y-o-y respectively. The operating profit reached NT$ 2,562 million with 25.6% operating profit margin, up 8.8% percentage point q-o-q but down 0.5% percentage point y-o-y respectively. Non-operating items posted a net gain of NT$ 309 million in the first quarter, including realized and unrealized net gain on foreign exchange NT$ 347 million, investment income under equity method NT$ 37 million, net interest income NT$ 64 million, and other net loss of NT$ 139 million.
5/4/2020
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Hyundai Motor Company
Hyundai to reopen its factory in Tamil Nadu from Wednesday
Hyundai Motor India Ltd – country’s second largest passenger vehicle manufacturer – on Sunday announced reopening of its Tamil Nadu-based factories from 6 May, in order to start preparations for commencing vehicle production operations in the following weeks. This move comes close on the heels of the union government allowing gradual resumption of economic activity, by relaxing lockdown measures, in certain parts of the country identified as green and orange zones.
5/3/2020
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Toyota Motor Corporation
Toyota reconfigures Alabama plant for coronavirus: ‘We’re having to break everyone’s habits’
Toyota Motor Manufacturing in Huntsville will welcome about 1,400 employees back to work on May 11 in a setting dramatically different than what they left in March.The sprawling plant, which produces about 630,000 engines a year, has been shut down since March 19 while the company reimagined manufacturing in the COVID-19 era.
5/2/2020
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Soshin Electric Co. Ltd.
So shin's Malaysian factory will resume full operation on May 4, 2020.
As previously reported, due to the spread of new coronavirus infection, our noise filter mass production plant In Malaysia where I am located, the deadline for movement restrictions for the whole country has been extended until May 12. However, this time, operators who have already obtained an operation permit will be allowed to operate 100%, Announced by the Government of Lacia. In response to this, our Malaysian plant is scheduled to resume 100% operation from Monday, May 4th. You Some subcontractors have not yet received permission to resume operations, and the logistics network is confused. We have made great strides toward normalization. We will continue to do our utmost to recover the delivery date, so we kindly ask for your understanding. to raise. that's all
5/1/2020
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MW Industries, Inc. (MWI)
MW Industries Remains open at all locations amid COVID-19 pandemic as of May 1, 2020.
CHICAGO, IL – May 1, 2020 – MW Industries, Inc. manufactures metal components that play a critical role in the fight against COVID-19.
5/1/2020
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Bel Fuse Inc.
Bel Fuse Reports First Quarter 2020 Results and Announces Business Update regarding COVID-19 pandemic.
JERSEY CITY, N.J., May 01, 2020 (GLOBE NEWSWIRE) -- Bel Fuse Inc. (Nasdaq: BELFA and BELFB), a designer, manufacturer and provider of products that power, protect and connect electronic circuits, today announced preliminary financial results for the first quarter of 2020.
5/1/2020
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Microchip Technology Incorporated
Microchip Technology Provides Business Update regarding the impact of COVID-19 on its manufacturing operations.
Most of our manufacturing operations, and those of our supply chain partners, have not had any major disruptions. Our operations in the Philippines and Malaysia did have government imposed restrictions over the last 6 weeks which lowered the factory operational efficiency to 15% - 50% of normal. These restrictions have since been gradually relaxed. We expect our subcontractor factories in Malaysia to be running at 100% effective May 4th.
5/1/2020
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New England Wire Technologies
New England Wire Provides COVID-19 (Coronavirus) Client Update as of May 1, 2020.
New England Wire Technologies is closely monitoring the global outbreak of the Coronavirus (COVID-19). Our priority is the health, safety and well-being of our staff, customers, and suppliers, while continuing to provide uninterrupted delivery of products and services. New England Wire Technologies is being proactive in our approach to this issue, paying particular attention to information and recommendations from the Center for Disease Control (CDC) and implementing guidance as it is updated. We are also following the direction of appropriate governmental agencies regarding any quarantines, closures, or other health measures as appropriate. Our management team meets regularly to track the situation, and modify and communicate any changes to our current plan as the need arises.
5/1/2020
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Intel Corporation
Intel Corporation Provides Business Update regarding returning to their Global Sites amid Covid-19 pandemic.
Over the past weeks and months, many Intel personnel have continued to work safely at our sites in order to keep our critical on-site operations running. However, most of our global workforce has been working from home.
5/1/2020
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Twin Disc, Incorporated
Twin Disc Announces the impact of COVID-19 pandemic on financial results for the fiscal 2020 third quarter ended March 27, 2020.
RACINE, Wis. , May 01, 2020 (GLOBE NEWSWIRE) -- Twin Disc, Inc. (NASDAQ: TWIN), today reported financial results for the fiscal 2020 third quarter ended March 27, 2020.
5/1/2020
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Cree, Inc.
Cree Continues to operate globally amid COVID-19 pandemic.
We hope this message finds you well and safe, and that your family, friends and community are as well. This is an unsettling time for all of us and events and information are fluid. Like you, we are closely monitoring the situation as well as guidance from federal, state and local officials, and we will be using this and other communications channels to be in touch with relevant information in a timely fashion.
5/1/2020
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ERNI Electronics
ERNI Electronics Remains operational and the supply chain is stable amid COVID-19 pandemic as of May 1, 2020.
We will continue to monitor and evaluate how the situation is evolving daily and are prepared to react according to any changes.
5/1/2020
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National Instruments Corporation
Due to the impact of COVID-19 pandemic, National Instruments Reports Q1 2020 Revenue of $309 Million down less than 1 percent year-over-year.
AUSTIN, Texas--(BUSINESS WIRE)--Apr. 30, 2020-- National Instruments (Nasdaq: NATI) today announced Q1 2020 revenue of $309 million, down less than 1% year-over-year. The sale of our AWR subsidiary to Cadence closed on January 15, 2020. Organic revenue, which we define as GAAP revenue excluding the impact of acquisitions and divestitures completed within the past twelve months, grew approximately 2 percent year-over-year.
4/30/2020
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Materialise NV
Materialise Reports that 2020 Q1 Financial Results Affected By Coronavirus Pandemic.
LEUVEN, Belgium--(BUSINESS WIRE)--Apr. 30, 2020-- Materialise NV (NASDAQ:MTLS), a leading provider of additive manufacturing and medical software and of sophisticated 3D printing services, today announced its financial results for the first quarter ended March 31, 2020.
4/30/2020
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Apple Inc.
Apple sales inch higher despite coronavirus but CEO Tim Cook sees uncertain future
(Reuters) - Apple Inc reported sales and profits that beat Wall Street expectations Thursday, with Chief Executive Officer Tim Cook saying China sales were “headed in the right direction” as that country reopens from the novel coronavirus.
4/30/2020
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Hikvision Digital Technology Co. Ltd.
Hikvision Digital Technology Announces that COVID-19 negatively impacted first quarter 2020 financial results.
April 30, 2020 – Hikvision, an IoT solutions provider with video as its core competency, has released its 2019 Annual Report. In 2019, Hikvision generated a total revenue of RMB 57.66 billion, having achieved a year-over-year (YoY) growth of 15.69 %, and net profits attributable to shareholders of the company was RMB 12.41 billion, reflecting a YoY growth of 9.36%.
4/30/2020
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Integrated Micro-Electronics Inc.
Integrated Micro-Electronics Announces that 2020 Q1 Financial Results Affected By Coronavirus Pandemic.
April 30, 2020, Laguna, Philippines — Integrated Micro-Electronics, Inc. (IMI) booked US$256 million of revenue in the first quarter of 2020 as it manages global fallout from the COVID-19 outbreak. Despite operational headwinds, IMI continues to extend various employee assistance programs amidst quarantine protocols in a number of its operating sites. The situation led to lower gross profit results at US$19.5 million with a 7.6% gross margin, a decline from 9.0% in the same period last year. IMI global management teams have been able to partly mitigate the negative financial impact by controlling overhead costs, reducing raw material expenses, and securing ongoing support from various governments including Bulgaria, China, Czech Republic, Germany, Serbia and Singapore. The company ends the quarter with a net loss of US$4.6 million.
4/30/2020
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X-FAB Silicon Foundries SE
X-FAB Silicon Announces Statement on the Corona Virus Situation.
At X-FAB, the health and well-being of our employees, suppliers and customers are our top priorities. As the coronavirus (COVID-19) continues to escalate around the world, we are committed to a cautious approach in running our business under the given circumstances. Based on the advice from the World Health Organization and local governments, we keep our employees informed on a regular basis and have implemented all required measures in all of our locations to minimize the risk of spread.
4/30/2020
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AU Optronics Corp.
AU Optronics Consolidated revenues for the first quarter of 2020 down by 13.4% due to the impact of COVID-19 pandemic.
AU Optronics Corp. ("AUO" or the "Company") (TWSE: 2409) today held its investor conference and announced its consolidated financial results for the first quarter of 2020(1).
4/30/2020
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Riber
Riber Reports 2020 First-Quarter Revenues and Provides Business Update Regarding Covid-19 Pandemic.
Bezons, April 30, 2020–6:00pm–RIBER, a global market leader for semiconductor industryequipment, is reporting its revenues for the first quarter of 2020.
4/30/2020
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Parker-Hannifin Corporation
Parker-Hannifin Withdraws earnings guidance for fiscal year 2020.
CLEVELAND, April 30, 2020 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today reported results for the fiscal 2020 third quarter ended March 31, 2020. Fiscal 2020 third quarter sales were $3.70 billion, compared with $3.69 billion in the prior year quarter.
4/30/2020
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Corning Incorporated
Corning withdraws 2020 guidance
Corning has announced it is withdrawing its full-year 2020 guidance in the face of the economic uncertainty and disruption created by the coronavirus pandemic, as the company slipped in the first quarter.
4/30/2020
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Dana Incorporated
Dana Incorporated First-quarter 2020 Financial Results Affected by COVID-19 pandemic.
Dana Incorporated (NYSE: DAN) today announced financial results for the first quarter of 2020.Sales for the first quarter of 2020 totaled $1.93 billion, compared with $2.16 billion in the same period of 2019. The decrease is primarily attributable to weaker demand in the heavy- vehicle markets in January and February of this year and the rapid reduction in production across all mobility markets in March as a result of the global response to the COVID-19 pandemic. These declines were partially offset by the conversion of sales backlog and the benefit of recent acquisitions.
4/30/2020
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AU Optronics Corp.
AUO reports sales decline and loss for 1Q20.
Display panel maker AU Optronics (AUO) has reported consolidated revenues for the first quarter of 2020 arrived at NT$53.69 billion (US$1.8 billion), down by 13.4% sequentially, with net loss of NT$4.99 billion and basic EPS of -NT$0.53.
4/30/2020
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Samtec
Samtec Announces Coronavirus Update/Service Recovery Plan.
Due to manufacturing limitations placed on Samtec by the continued extension of the Malaysia Motion Control Order we have been unable to keep up with the growing backlog of past due orders. Our efforts to prioritize orders based on application and short-term customer needs has exacerbated our output challenges with more/smaller productions runs and increased changeovers.
4/30/2020
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Fortive Corp.
Fortive Withdraws its previously issued guidance for 2020 due to the impact of COVID-19 pandemic.
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced results for the first quarter 2020.
4/30/2020
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National Control Devices, LLC
National Control Devices Provides Business Update regarding COVID-19 pandemic.
First, I need to thank our customers who have been extraordinarily patient with us as we work to manage production during a global pandemic. Like most companies, NCD has been greatly affected, and it has slowed our production considerably. We have experienced the full gamut of problems from supply chain delays, shipping lags, and staffing problems like most businesses have had to endure. Covid-19 has affected our company in more ways than I ever thought possible, and it has posed some serious challenges for us. Most importantly, our entire staff remains healthy. Unfortunately, our high-risk staff had to be placed on leave out of precaution.
4/30/2020
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Apple Inc.
Apple confirms it won't issue guidance for FQ3 due to the coronavirus uncertainties.
For Q3, Apple sees a revenue headwind in the U.S. dollar appreciation. Wearables and iPhones should decline Q/Q in the June quarter. Services is expected to grow Q/Q and iPad and Mac on a Y/Y basis.
4/30/2020
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Hubbell Incorporated
Hubbell Incorporated Withdrawn 2020 guidance and Provides COVID-19 update.
Hubbell Incorporated (NYSE: HUBB) today reported operating results for the first quarter ended March 31, 2020.
4/30/2020
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SMK Corp.
SMK Provides update regarding Business Continuity at its factories in the ASEAN region as of April 30, 2020.
In accordance with the Malaysian Government's "Restriction of Movement Order" and the Philippine Government's "Enhanced Community Quarantine", SMK Group has decided to suspend operations at the following factories in the ASEAN region.The Malaysian factory is scheduled to resume operations on May 4th.
4/30/2020
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SMK Corp.
SMK Announces notice regarding the implementation of telecommuting as the new coronavirus infection spreads as of April 30, 2020.
In accordance with the request from the government and prefectural governors to avoid nonessential outings due to the spread of the new coronavirus, SMK has been gradually implementing telecommuting for employees working at the following sites.
4/30/2020
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TE Connectivity Ltd.
TE Connectivity Provides update on Business Continuity at its sites worldwide amid COVID-19 pandemic.
In our China and Asia locations, all manufacturing and distribution centers have normalized operations and continue to focus on backlog reduction and stocking replenishment. Most Asian countries remain open for commerce through their borders.
4/30/2020
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Silicom Ltd.
Silicom Withdraws full-year 2020 guidance due to the impact of COVID-19 outbreak.
KFARSAVA,Israel,April 30, 2020---SilicomLtd.(NASDAQ:SILC),aleadingproviderofhigh-performancenetworkinganddatainfrastructuresolutions,todaytoday reported its financialresults for thefirstquarter endedMarch31, 2020.
4/30/2020
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Atomera Incorporated
Atomera Incorporated Announces COVID-19 update and Reports first quarter 2020 results.
LOS GATOS, Calif. , April 30, 2020 (GLOBE NEWSWIRE) -- Atomera Incorporated (NASDAQ: ATOM), a semiconductor materials and intellectual property licensing company focused on deploying its proprietary technology into the semiconductor industry, today provided a corporate update and announced financial results for the first quarter ended March 31, 2020.
4/30/2020
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Murata Manufacturing Co., Ltd.
Murata Manufacturing Reports financial results for year ended March 2020 and Provides Business Update regarding COVID-19 pandemic.
Net sales for FY2019 decreased 2.6% year-on-year, due to the adjustment of electronic equipment production and electronic component inventory. The sales result exceeded the previously announced forecast by 1.6%, due to the increased demand for products related to 5G.
4/30/2020
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OpenText Corp
OpenText won't reopen half of its physical offices post COVID-19 pandemic.
OpenText is making a move that many enterprises may be making as it permanently shutters offices to opt for a hybrid model for work.
4/30/2020
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Qualcomm Incorporated
Qualcomm’s Results Quantifies the Global Handset Slowdown Due To COVID-19, but Limited Impact to 5G Expectations
Qualcomm announced its March quarter earnings. Results were quite solid considering the once-in-a-lifetime global economic slowdown caused by COVID-19. The quarterly numbers and forecasts align with those of Counterpoint Research. Despite the gravity of COVID-19, there were no changes to 5G guidance. Here are the key takeaways from the quarter.
4/30/2020
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Pixelworks, Inc.
Pixel works Reports first quarter 2020 financial results and Provides update on Business Continuity amid COVID-19 pandemic.
SAN JOSE, Calif., April 30, 2020 (GLOBE NEWSWIRE) -- Pixelworks, Inc. (NASDAQ: PXLW), a leading provider of innovative video and display processing solutions, today announced financial results for the first quarter ended March 31, 2020.
4/30/2020
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TTM Technologies, Inc.
TTM Technologies, Inc. to Restructure Electro-Mechanical (E-MS) Business Unit.
SANTA ANA, Calif., April 29, 2020 (GLOBE NEWSWIRE) -- TTM Technologies, Inc. (NASDAQ: TTMI) (“TTM”) today announced the restructuring of its Electro-Mechanical (“E-MS”) Business Unit. The E-MS Business Unit consists of three Chinese manufacturing facilities with two being in Shanghai (SH BPA and SH E-MS) and one in Shenzhen (SZ). TTM will discontinue operations at the SH E-MS and SZ facilities while integrating the SH BPA facility into its PCB operations.
4/30/2020
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Chunghwa Precision Test Tech. Co., Ltd.
Chunghwa Precision Reports the impact of COVID-19 on its financial results for the first quarter of 2020.
TAIPEI, Taiwan, R.O.C. April 30, 2020 - Chunghwa Telecom Co., Ltd. (TAIEX: 2412, NYSE: CHT) (“Chunghwa” or “the Company”) today reported its un-audited operating results for the first quarter of 2020. All figures were prepared in accordance with Taiwan-International Financial Reporting Standards (“T-IFRSs”) on a consolidated basis.
4/30/2020
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Twitter, Inc.
Twitter Q1 weathers COVID-19, aims to build out direct response ad technology
The quarter was, however, best seen as two distinct periods: January through early March, which largely performed as expected, with strength in the US and some COVID-19 related weakness in Asia, and early March through the end of the quarter, when the pandemic became global.
4/30/2020
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HIROSE ELECTRIC CO., LTD.
HIROSE ELECTRIC Announces update regarding Current production status affected by COVID-19.
We have been taking some preventive measures including temperature measurement, using alcoholbased hand sanitizer, wearing a mask, hand washing, gargling, prohibition of business trip and selfrestraint of going out. We are continuously trying to ensure health and safety of our customers, stakeholders and employees, and prevent the spread of covid-19.
4/30/2020
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Okaya Electric Industries Co., Ltd.
Due to the impact of COVID-19 outbreak, Okay Electric Industries Postpones the release of financial results for the Fiscal Year Ending March 2020.
We will postpone the financial results announcement for the fiscal year ending March 31, 2020, scheduled for May 14
4/30/2020
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Inventus Power
Inventus Power Employees Supporting the Fight Against COVID-19.
While the daily work environment at Inventus Power has surely changed since the COVID-19 outbreak, the passion and dedication of our employees have not wavered. Our global team has been rising to the challenge of this pandemic by stepping up their efforts to ensure our customers receive the service and support they need. As an essential supplier to medical device OEMs, by doing our jobs safely & effectively, we are all playing a part in the fight against COVID.
4/30/2020
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Kulicke and Soffa Industries, Inc.
Kulicke and Soffa Industries Reports Second Quarter 2020 Results and Announces Business Update on COVID-19 pandemic.
SINGAPORE--(BUSINESS WIRE)--Apr. 29, 2020-- Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) (“Kulicke & Soffa,” “K&S” or the “Company”), today announced financial results of its second fiscal quarter ended March 28, 2020. The Company reported second quarter net revenue of $150.7 million, net income of $11.9 million and non-GAAP net income of $13.7 million.
4/29/2020
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Molex Incorporated
Molex Provides Business Update regarding Operational Status amid COVID-19 pandemic as of April 29, 2020.
An update on the operational status of Molex’s manufacturing facilities.
4/29/2020
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Socket Mobile, Inc.
Socket Mobile Announces the impact of COVID-19 pandemic on First Quarter Results.
April 29, 2020 - NEWARK, Calif., – April 29, 2020 – Socket Mobile, Inc. (NASDAQ: SCKT), a leading innovator of data capture and delivery solutions for enhanced productivity, today reported 2020 first quarter results, which include the early stages of CO
4/29/2020
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TT Electronics plc
TT Electronics Provides update regarding Business Continuity amid COVID-19 outbreak.
As we continue to navigate our way through the COVID-19 pandemic, our focus remains supporting our customers’ needs, while at the same time prioritizing the safety of our people. We are protecting our employees with appropriate social distancing, PPE and those deemed most “vulnerable” are remote working where possible. The majority of our sites remain open and fully operational, however, a few facilities are temporarily closed or operating at reduced capacity due to government restrictions.
4/29/2020
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Cosan Ltd.
Cosan Ltd. Announces a COVID-19 Statement.
Cosan Limited (NYSE: CZZ) and its subsidiaries Cosan S.A. (B3: CSAN3) and Cosan Logística S.A. (B3: RLOG3) (jointly referred to as the “Companies”), hereby manifest itself with regards to the evolution and impacts caused by the new Coronavirus pandemic (Covid-19) in the main business segments in which the companies of the group operates.
4/29/2020
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Avery Dennison Corp.
Avery Dennison Provides Business Update regarding COVID-19 and Announces First Quarter 2020 Results.
GLENDALE, Calif., April 29, 2020 – Avery Dennison Corporation (NYSE:AVY) today announced preliminary, unaudited results for its first quarter ended March 28, 2020. Non-GAAP financial measures referenced in this document are reconciled to GAAP in the attached tables. Unless otherwise indicated, comparisons are to the same period in the prior year.
4/29/2020
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Ultra Clean Holdings, Inc.
UCT's facilities remain operational amid the spread of COVID-19 pandemic.
HAYWARD, Calif., April 29, 2020 /PRNewswire/ -- Ultra Clean Holdings, Inc. (Nasdaq: UCTT), today reported its financial results for the first quarter ended March 27, 2020.
4/29/2020
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TTM Technologies, Inc.
TTM Technologies Provides COVID-19 Business Update and Reports Fiscal First Quarter 2020 Results.
LONDON--(BUSINESS WIRE)-- nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, reported first quarter 2020 financial results today through an earnings release posted on the company’s Investor Relations website at http://investors.nvent.com. The earnings release will be furnished with the Securities and Exchange Commission on a Form 8-K and available here. The company will also hold a conference call with analysts and investors at 9:15 a.m. ET.
4/29/2020
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nVent
nVent Provides COVID-19 Business Update and Announces First Quarter 2020 Financial Results.
LONDON, UNITED KINGDOM – April 29, 2020 – nVent Electric plc (NYSE:NVT) (“nVent”), a global leader in electrical connection and protection solutions, today provided a business update in response to the COVID-19 pandemic; announced financial results for the first quarter of 2020; and withdrew its 2020 financial guidance provided on February 5, 2020 due to uncertainties relating to the pandemic
4/29/2020
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BASF SE
BASF Group withdraws outlook for 2020 business year due to the impact of coronavirus outbreak.
Ludwigshafen – April 29, 2020 – The sales and earnings forecast for the 2020 business year provided by BASF on February 28, 2020, will not be able to be met. The company is therefore withdrawing its outlook. It is currently impossible to reliably estimate both the length and the further spread of the coronavirus pandemic, as well as future measures to contain it. Consequently, concrete statements on the future development of sales and earnings cannot be made at present.
4/29/2020
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Lyft
Lyft to Cut Workforce by About 17% Amid Coronavirus
Lyft Inc. said it would cut about 17% of its workforce while also furloughing workers and slashing pay amid efforts to cut costs during the coronavirus pandemic that has dramatically disrupted ride-hailing services.
4/29/2020
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Federal Signal Corporation
Federal Signal Announces that its facilities have so far remained substantially operational during COVID-19 pandemic.
Oak Brook, Illinois, April 29, 2020 — Federal Signal Corporation (NYSE:FSS) (the “Company”), a leader in environmental and safety solutions, today reported results for the first quarter ended March 31, 2020.
4/29/2020
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ElevATE Semiconductor
ElevATE's CEO Announces response to COVID-19 pandemic.
Our focus has always been on making our customers successful, by providing the highest quality/highest density test ICs in the industry, as well as the best support. Given the evolving COVID-19 situation, many have asked about ELEVATE’s order fulfillment capabilities, so we wanted to give you an update such that that you may plan accordingly.
4/29/2020
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Sensata Technologies Holding N.V.
Sensate Technologies Announces update on the Operational Status at its Mexican sites amid COVID-19 pandemic.
Our manufacturing sites in Mexico are following the Mexican Presidential Decree to only produce parts that support “essential” business category as defined in the President’s order and operating per the local governmental requirements for social distancing and current staffing levels.
4/29/2020
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Mersen
Mersen Q1 Sales Down at 225 Million Euros due to the impact of COVID-19 pandemic.
PARIS, APRIL 29, 2019 – Mersen (Euronext FR0000039620 – MRN), a global expert in electrical power and advanced materials, has reported consolidated sales of €225 million for the first quarter of 2020.
4/29/2020
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Ams AG
Ams is Running volume production in all manufacturing locations despite the spread of COVID-19 outbreak.
Premstaetten, Austria (29 April 2020) -- ams (SIX: AMS), a leading worldwide supplier of high performance sensor solutions, reports first quarter results with revenues and adjusted operating (EBIT) margin in the upper half of the guidance range. Driven by ams’ consumer solutions, these positive results demonstrate the strength of ams’ business and its robust profitability in light of the demanding Covid-19 situation. For the second quarter, ams expects a very solid business performance with expected revenues of USD 440-480 million and an adjusted operating (EBIT) margin in the range of 17-20%, reflecting a limited impact from the Covid-19 outbreak.
4/29/2020
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Qualcomm Incorporated
Qualcomm tops Q2 results, notes pandemic has reduced demand for smartphone chips.
Qualcomm beat estimates for its second quarter financial results on Wednesday, but the tech giant said the novel coronavirus pandemic has reduced demand for smartphone chips and 5G handsets.
4/29/2020
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Microsoft Corporation
Microsoft details coronavirus impact, guides in-line Q4.
REDMOND, Wash. — April 29, 2020 — Microsoft Corp. today announced the following results for the quarter ended March 31, 2020, as compared to the corresponding period of last fiscal year.
4/29/2020
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Advantech Co., Ltd.
Advantech Reports the impact of COVID-19 pandemic on its financial results for the first quarter of 2020.
Regarding the 1Q20 operating results in US dollar, Advantech achieved an overall revenue of US$375 million, in line with company projections. For the Embedded IoT (EIoT) and Applied Computing Group (ACG) business groups, performance was relatively stable, down 2% and 5% YoY, respectively. After February, the Industrial IoT Group (IIoT), Cloud IoT Group (CIoT, aka the Networks & Communications Group), and Service IoT Group (SIoT) felt the impact of component shortages and their 1Q20 revenues dropped 9%, 13%, and 12% YoY, respectively. However, the overall component supply chain is expected to improve by the middle of May.
4/29/2020
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Samsung Electronics Co. Ltd.
Samsung Chip Foundry Business Declines In Q1 2020 due to coronavirus outbreak.
Samsung Electronics today reported financial results for the first quarter ended March 31, 2020. Total revenue was KRW 55.33 trillion, a decrease of 7.6% from the previous quarter mainly due to weak seasonality for the Company’s display business and Consumer Electronics Division and partially due to effects of COVID-19. From a year earlier, revenue rose 5.6% due to increasing demand for server and mobile components.
4/29/2020
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Samsung Electronics Co. Ltd.
Samsung warns of second-quarter profit fall as coronavirus hits sales of phones, TVs.
Samsung Electronics today reported financial results for the first quarter ended March 31, 2020. Total revenue was KRW 55.33 trillion, a decrease of 7.6% from the previous quarter mainly due to weak seasonality for the Company’s display business and Consumer Electronics Division and partially due to effects of COVID-19. From a year earlier, revenue rose 5.6% due to increasing demand for server and mobile components.
4/29/2020
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LG Electronics Inc.
LG Electronics forecasts weak Q2 earnings after stellar Q1 performance due to the impact of novel coronavirus pandemic.
SEOUL, April 29, 2020 — LG Electronics Inc. (LG) today announced first-quarter 2020 consolidated revenue of KRW 14.73 trillion (USD 12.45 billion) and operating profit of KRW 1.09 trillion (USD 921.47 million). Although revenue declined modestly compared with the same period last year, operating income improved 21.1 percent from the 2019 quarter making this only the second time in history when quarterly operating profit exceeded KRW 1 trillion. The 7.4 percent operating margin was the highest in LG’s history for a first quarter.
4/29/2020
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Silicon Motion Technology Corporation
Silicon Motion Technology unable to file its 2019 Annual Report on Form 20-F by April 30, 2020 due to circumstances related to the COVID-19 global pandemic
Silicon Motion Technology Corporation (the “Company”)(NASDAQ: SIMO) is announcing that the Company will be unable to file its 2019 Annual Report on Form 20-F (the “20-F”) by April 30, 2020 due to circumstances related to the COVID-19 global pandemic (“COVID 19”). From January to March 2020, the Chinese government imposed nationwide travel restrictions and quarantine control in response to an outbreak of COVID-19. As a result, the Company has not had the ability to conduct in person site evaluations of the Company’s facilities, books and records in China, which without undue hardship and expense to the Company will delay the preparation of the Company’s annual report on Form 20-F and filing until after April 30, 2020.
4/29/2020
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Belden Inc.
Belden Reports the impact of COVID-19 pandemic on Results for First Quarter 2020.
ST. LOUIS--(BUSINESS WIRE)-- Belden Inc. (NYSE: BDC), a leading global supplier of specialty networking solutions, today reported fiscal first quarter 2020 results for the period ended March 29, 2020.
4/29/2020
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Sensata Technologies Holding N.V.
Due to the impact of COVID-19, Sensata Misses Q1 Earnings Estimates.
SWINDON, United Kingdom, April 29, 2020 (GLOBE NEWSWIRE) -- Sensata Technologies (NYSE: ST), a global industrial technology company and a leading provider of sensor-rich solutions that create insights for customers, today announced financial results for its first quarter ended March 31, 2020.
4/29/2020
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Benchmark Electronics, Inc.
Benchmark Electronics Provides COVID-19 Business Update and Reports first quarter 2020 results.
TEMPE, Ariz., April 29, 2020 /PRNewswire/ -- Benchmark Electronics, Inc. (NYSE: BHE) today announced financial results for the first quarter ended March 31, 2020.
4/29/2020
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Tesla
Tesla’s German plant inches forward through limited virus delays
Tesla Inc.’s first European car plant planned for near Berlin is making progress despite minor setbacks related to the coronavirus disruptions.
4/29/2020
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Tesla
Tesla turns a surprise profit despite coronavirus factory shutdowns
Tesla turned a surprise profit in the first quarter of 2020, the electric-car company said Wednesday, despite being forced to close its main factory because of the coronavirus.
4/29/2020
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Houston Wire & Cable Company
Houston Wire & Cable Company Announces a COVID-19 Statement.
The COVID-19 pandemic has caused, and is expected to continue to cause, the slowdown of economic activity around the world (including a decrease in demand for a broad variety of goods and services), disruptions in global supply chains and significant volatility and disruption of financial markets. As a result, supply chain companies like ours have experienced reduced demand. Because the severity, magnitude and duration of the COVID-19 pandemic and its economic consequences are uncertain, rapidly changing and difficult to predict, the pandemic’s impact on our operations, financial performance and liquidity, as well as its impact on our ability to successfully execute our business strategy, remains uncertain and difficult to predict. Further, the ultimate impact of the COVID-19 pandemic on our operations and financial performance depends on many factors that are not within our control, including, but not limited, to: governmental, business and individuals’ actions that have been and continue to be taken in response to the pandemic (including restrictions on travel and transport and workforce pressures); the impact of the pandemic and actions taken in response on global and regional economies, travel, and economic activity; the availability of federal, state, local or non-U.S. financial assistance programs; general economic uncertainty in the global markets we serve and volatility in financial markets; global economic conditions and levels of economic growth; and the pace of recovery when the COVID-19 pandemic subsides.
4/29/2020
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Nexperia
Nexperia Provides Business Update regarding Operational Status amid COVID-19 pandemic as of April 29, 2020.
The government of Malaysia announced to extend the lockdown until May 12. Within these regulations our factory in Seremban received approval to ramp up back to full operational level, effective starting next week and orderbook pull-ins will be executed in line with this. Given this positive development Nexperia will be able to accept additional upside orders.
4/29/2020
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ASSA ABLOY group
Assa Abloy Reports A 16% Decline In Q1 Profit due to the impact of COVID-19 pandemic.
The outbreak of Covid-19 led to a challenging beginning of 2020, which impacted most industries globally, including us. In the first quarter our organic sales growth was negative (–3%), but due to positive currency effects (3%) and net acquired growth (3%), total sales increased by 3%. Organic growth was positive in Americas (1%), stable in Global Technologies (0%) and Entrance Systems (0%), but decreased in EMEA (–4%) and in Asia Pacific (–34%) due to effects from Covid-19.
4/29/2020
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Ford Motor Company
Ford undecided on North America restart date
The wait continues as Ford (NYSE:F) says it hasn't determined a resumption date for auto manufacturing in North America.
4/29/2020
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PREMA Semiconductor GmbH
PREMA Remains fully operational amid COVID-19 pandemic.
These are enormously challenging times for everyone as we care for our families and deal with the overall stresses of the global pandemic and the “new normal” of changing conditions at home and work, as the entire world battles COVID-19.PREMA is recognized as a Essential Supplier. We are working in compliance with our federal governments guidelines and are committed to providing safe and high quality products to all of our valued customers.
4/29/2020
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Celestica Inc.
Celestica Provides COVID-19 Business Update and Announces First Quarter 2020 Financial Results.
TORONTO, April 29, 2020 (GLOBE NEWSWIRE) -- Celestica Inc. (TSX: CLS)(NYSE: CLS), a leader in design, manufacturing and supply chain solutions for the world's most innovative companies, today announced financial results for the quarter ended March 31, 2020 (Q1 2020).
4/29/2020
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Qualcomm Incorporated
Qualcomm’s COVID-19 response as of April 29, 2020.
Vast majority are working remotely Implemented strict safety measures, 24/7 Emergency Response Team in place, Provided mental wellbeing, professional development and benefits resources, Reiterated job stability, instated remote onboarding.
4/29/2020
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Glenair, Inc.
Glen air Announces the Reopening of Production and Shipping Operations on May 4th, 2020.
we are pleased to announce we are on schedule to reopen our production operations on Monday, May 4th, 2020. We are proud of our team for the dedication and effort they’ve shown to bring Glenair onsite operations back online over the past 30 days.
4/29/2020
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Kadant Inc.
Kadant Remains fully operational amid COVID-19 pandemic.
WESTFORD, Mass., April 29, 2020 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) reported its financial results for the first quarter ended March 28, 2020.
4/29/2020
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Ford Motor Company
Ford to restart production at European plants with strengthened health and safety protocols amid COVID-19 pandemic.
(WXYZ) - Ford intends to restart initial production at most of its European plants on May 4.
4/28/2020
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ABB Ltd
ABB Announces that COVID-19 pandemic negatively impacted its first quarter results.
“The COVID-19 pandemic impacted our first quarter results, lowering revenues and operating margins in all our businesses, although order growth held up well. We are doing our utmost to ensure the health and safety of our employees while maintaining business continuity, serving our customers and continuing to invest in R&D for the long-term,” said Björn Rosengren, CEO of ABB.
4/28/2020
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TAIYO YUDEN CO., LTD.
Operation Status of TAIYO YUDEN under the Effects of Coronavirus Disease (COVID-19).
An update on the operational status of TAIYO YUDEN’s manufacturing facilities.
4/28/2020
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iRobot Corporation
iRobot Announces that COVID-19 pandemic Affects its First-Quarter 2020 Financial Results.
BEDFORD, Mass., April 28, 2020 /PRNewswire/ -- iRobot Corp. (NASDAQ: IRBT), a leader in consumer robots, today announced its financial results for the first quarter ended March 28, 2020.
4/28/2020
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Bayerische Motoren Werke AG
BMW Plans to reopen South Carolina plant during coronavirus pandemic on May 4, 2020.
Closed since March because of the coronavirus pandemic, the BMW manufacturing plant in South Carolina is scheduled to reopen in May.
4/28/2020
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Corning Incorporated
Corning Incorporated is withdrawing its full-year 2020 guidance In response to COVID-19 pandemic.
CORNING, N.Y. , April 28, 2020 (GLOBE NEWSWIRE) -- Corning Incorporated (NYSE: GLW) today announced results for first-quarter 2020.
4/28/2020
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Vishay Intertechnology, Inc.
Vishay Intertechnology Provides update regarding Business Continuity amid COVID-19 pandemic as of April 28, 2020.
Following up on our letter of April 14th, the following is an update on the operational status of Vishay’s manufacturing facilities as a result of the Covid-19 pandemic. As of today, Vishay factories in the following countries continue to experience some level of significant production disruption
4/28/2020
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FUJIFILM Holdings Corporation
Due to the impact of COVID-19 pandemic, FUJIFILM Holdings Postpones the release of financial results for the fiscal year ended March 31, 2020 to May 22, 2020.
FUJIFILM Holdings Corporation (the “Company”) would like to express our deepest sympathy to all those who lost loved ones and those affected by COVID-19.
4/28/2020
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Coretronic Corp.
Coretronic Announces the impact of COVID-19 pandemic on its first quarter 2020 results.
Hsinchu, Taiwan – Coretronic Corporation (5371.TW) today announced its financial results for the first quarter of 2020. For the first quarter ended March 31, 2020, Coretronic posted consolidated sales revenue of NT$8,369 million, decrease 36% QoQ and drop 26% YoY, resulting from traditional slow season and the impact of COVID-19 outbreak. Consolidated gross margin for the quarter was 15.8%, a decrease of 2.4% as compared with 18.2% in the previous quarter and drop by 0.5% over the same period last year, mainly due to the decline in plant utilization rate and the increase in idle costs caused by the outbreak of coronavirus. Operating loss was NT$189 million, net loss was NT$58 million. Net income attributable to equity holders of the parent company was NT$5 million, decrease 99% QoQ and drop 95% YoY, respectively. The basic EPS* for the first quarter were NT$0.01.
4/28/2020
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Ashimori Industry Co Ltd
Due to the spread of COVID-19 pandemic, Ashimori Industry Postpones the release of financial results for the fiscal year ending March 31, 2020.
I am pleased to inform you. Record 1. Reason for postponement Due to measures to prevent the spread of infection by the governments of each country accompanying the global spread of the new coronavirus, overseas There is a delay in the settlement and audit work of the consolidated subsidiary. Therefore, it takes time to complete the settlement process including the audit procedure. Since it is expected to require, we have decided to postpone the announcement of financial results.
4/28/2020
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CabLes Direct Ltd
CabLes Direct Remains open for business amid the spread of COVID-19 pandemic as of April 28, 2020.
In light of the Government guidelines we will remain open until we are told otherwise to ensure our continued supply to our customers communications infrastructures both at home and place of business.
4/28/2020
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NKK SWITCHES CO., LTD.
NKK SWITCHES Provides Business update regarding the impact of COVID-19 pandemic.
In our last update sent on Thursday, 9 April we informed you about the scale of the Anti-Corona virus measures in the Philippines. After the end of the extended closedown period ordered by the government, our Mactan factory was set to reopen on Tuesday, 28 April.
4/28/2020
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Kitz SCT America
Kitz SCT America Extends period of working from home due to the spread of COVID-19 pandemic.
In view of the spread of new coronavirus infections in Japan, all employees who work at the target business office for the purpose of reducing the risk of infection and ensuring safety for all employees and related persons, in principle, work from home. We
4/28/2020
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IQE PLC
Due to the impact of COVID-19 pandemic, IQE’s annual revenue falls 10.4% in 2019, as Photonics growth of 4.4% outweighed by 22.4% drop for Wireless.
IQE plc (AIM: IQE) the leading supplier of advanced wafer products and material solutions to the semiconductor industry, announces its full year results for the year ended 31 December 2019, which are in line with the unaudited summary financials released in the trading update of 24 March 2020.
4/28/2020
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Japan Display Inc.
Japan Display Postpones the release of its fiscal year 2019 ended March 2020 and Provides update on COVID-19 pandemic.
Japan Display Inc. (“JDI”) today announced that at a meeting of the board of directors held today it was decided to postpone announcement of its fiscal year 2019 (ended March 2020) consolidated financial results, originally scheduled for May 15, 2020. The board also decided to postpone the annual general meeting of shareholders, originally scheduled for June, and to establish a record date for the annual general meeting of shareholders following the postponement.
4/28/2020
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Kandi Technologies Group, Inc.
Kandi looks to the future after production halt due to the spread of COVID-19 pandemic.
Kandi Technologies (KNDI -0.2%) says it restarted production at the beginning of March.
4/28/2020
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FARO Technologies, Inc.
FARO Announces First Quarter Financial Results and COVID-19 Update.
LAKE MARY, Fla., April 28, 2020 /PRNewswire/ -- FARO® (Nasdaq: FARO), a global leader in 3D measurement and imaging solutions, today announced its financial results for the first quarter ended March 31, 2020.
4/28/2020
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Iridium Communications Inc.
Iridium Communications Lowers FY20 Outlook Amid COVID-19.
MCLEAN, Va., April 28, 2020 /PRNewswire/ -- Iridium Communications Inc. (Nasdaq: IRDM) ("Iridium") today reported financial results for the first quarter of 2020 and updated its full-year 2020 outlook. Net loss was $31.7 million, or $0.24 per diluted share, for the first quarter of 2020, as compared to net loss of $18.0 million, or $0.18 per diluted share, for the first quarter of 2019. This increase in net loss was primarily the result of debt extinguishment costs associated with Iridium's refinancing of its senior unsecured notes. Operational EBITDA ("OEBITDA")(1) for the first quarter was $92.1 million, as compared to $78.0 million for the prior-year period, representing a year-over-year increase of 18% and an OEBITDA margin(1) of 63%. OEBITDA primarily benefitted from strength in commercial and government service revenue.
4/28/2020
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Rockwell Automation, Inc.
Rockwell Automation Slashes FY20 Outlook Amid COVID-19.
MILWAUKEE--(BUSINESS WIRE)-- Rockwell Automation, Inc. (NYSE: ROK) today reported second quarter fiscal 2020 results.
4/28/2020
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NXP Semiconductors N.V.
Quarterly revenue down for NXP on YoY basis.
NXP Semiconductors N.V. reported First-quarter revenue was USD 2.0 billion, down 3 percent year-on-year. The quarter ended March 29, 2020.
4/28/2020
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EBARA Corporation
EBARA Announces that one employee at Haneda Office tested positive for COVID-19 pandemic.
On April 25, 2020, it was confirmed that one employee of EBARA Haneda Office tested positive for the Novel Coronavirus. Currently we are taking the following measures.
4/28/2020
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Samtec
Same Extends lead times period for the new orders due to the spread of COVID-19 outbreak.
On Monday, April 27th, Samtec initiated a Service Level Recovery Plan that will provide the fastest path to a return to traditional Samtec lead times and expedite flexibility. New order lead times have been temporarily extended as a means of creating a catch-up window such that we will focus our production capacity on the current order backlog. Our estimated time to complete our backlog is 6 weeks.
4/28/2020
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Tekscan Inc
Tekscan to Remain Open through Massachusetts Statewide Stay-At-Home Order amid the spread of COVID-19 pandemic as of April 28, 2020.
On the morning of Monday, March 23, 2020, Massachusetts Governor Charlie Baker issued a statewide stay-at-home order (otherwise known as shelter-in-place) beginning Tuesday, March 24, 2020. This order will remain until May 18th, 2020 unless we are informed by Gov. Baker otherwise. Per this announcement, all non-essential businesses must close their physical workplaces and facilities to all workers, customers, and the public.
4/28/2020
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NEXT Biometrics Group ASA
NEXT Biometrics Group Provides Business Update regarding COVID-19 pandemic.
Oslo, April 28, 2020 – NEXT Biometrics (Oslo Bors: NEXT), a global company in fingerprint sensor technology. The Company continues to assess the impact of the COVID-19 virus. In view of this the Board has decided to provide a status update and outline a plan of action for the company.
4/28/2020
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Infineon Technologies AG
Infineon Technologies Provides update on Business Operational Status amid COVID-19 outbreak as of April 28, 2020.
Our Assembly&Test site in Cavite (previously Cypress Semiconductor), Philippines is running at limited volume as a result of the enhanced community quarantine which has been extended until 15 May 2020 by the President of the Philippines.
4/28/2020
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ROHM Co., Ltd.
ROHM Provides update regarding Business Continuity at its sites in Malaysia & Philippines amid COVID-19 pandemic as of April 28, 2020.
ROHM Group would like to express our sincere sympathies to all those who have been affected by a novel coronavirus and those who are difficult to spend a daily life due to the infection spread.
4/28/2020
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Skyworks Solutions, Inc.
Skyworks sees operations hit by outbreak
Skyworks has suspended manufacturing operations in Mexico due to the coronavirus outbreak, raising speculation about insufficient inventories for the power amplifier vendor's shipments for the upcoming new 5G smartphones.
4/28/2020
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Key Tronic Corporation
Key Tronic Reports First Quarter ended March 28, 2020 Results and Provides Update on COVID-19 Impact.
Spokane Valley, WA — April 28, 2020 — Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced its results for the quarter ended March 28, 2020.
4/28/2020
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3M Company
3M Company Withdraws full-year 2020 guidance due to COVID-19 impact and end-market uncertainty.
ST. PAUL, Minn.--(BUSINESS WIRE)-- 3M (NYSE: MMM) today reported first-quarter 2020 results.
4/28/2020
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Juniper Networks, Inc.
Juniper Networks Misses Q1 Earnings and Revenue Estimates due to the spread of COVID-19 pandemic.
SUNNYVALE, Calif., April 28, 2020 (GLOBE NEWSWIRE) -- Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today reported preliminary financial results for the three months ended March 31, 2020 and provided its outlook for the three months ending June 30, 2020.
4/28/2020
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SAMSUNG ELECTRO-MECHANICS
SAMSUNG ELECTRO-MECHANICS Releases 2020 1Q Earnings and Plans to operate its factories flexibly considering market supply and demand.
Turnover of the Components Unit in the 1st quarter increased by 11% compared to the previous quarter and 2% compared to the same period in the previous year due to expansion in industrial MLCC turnover, including high-capacity products and servers to strategic accounts, resulting in KRW 857.6 billion. Although it expects demand for smartphones and electronic products to decrease as a result of COVID-19 in the 2nd quarter, strong demand for PC and server products is expected to continue.
4/28/2020
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United Microelectronics Corporation
UMC expects 1-2% shipment growth in 2Q20 despite the spread of COVID-19 pandemic.
United Microelectronics (UMC) expects to post a 1-2% shipment increase sequentially in the second quarter, with a 1-2% rise in ASPs.
4/28/2020
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Hengstler GmbH
Hengstler Provides Business Update regarding COVID-19 pandemic as of April 28, 2020.
We look forward to your most recent inquiry about the possible effects of the coronavirus ( COVID-19 ) on our ability to deliver. We would like to assure you that we take extensive precautions regarding COVID-19We look forward to your most recent inquiry about the possible effects of the coronavirus (COVID-19) on our ability to deliver. We would like to assure you that we have introduced extensive precautionary measures with regard to COVID-19 and that we monitor the relevant developments on a daily basis in our company as well as regionally and across Europe.
4/28/2020
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Onkyo Corp.
Onkyo Postpones the release of full-year financial results for the fiscal year ending March 31, 2020 and Announces the impact of the spread of new coronavirus pandemic.
We will postpone the announcement of consolidated financial results for the fiscal year ending March 31, 2020, which was scheduled to take place on Thursday, May 14, 2020 We would like to inform you as follows. Record 1. Postponement of consolidated financial results announcement for the fiscal year ending March 31, 2020 Due to the spread of new coronavirus infection, it is affected by the lockdown in various regions of the world, May 14, 2020 due to delays in financial statements and audit procedures at overseas consolidated subsidiaries such as India and Malaysia.
4/28/2020
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EastRising Technology Co., Limited
EastRising Technology Restored full production capacity from COVID-19 crisis.
We've already restored full production capacity from COVID-19 crisis,please feel free to order.
4/28/2020
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Xerox Corporation
Xerox withdraws FY2020 guidance due to COVID-19 uncertainty.
Xerox (NYSE:XRX) reports revenue decreased 13.9% on constant currency basis in Q1.
4/28/2020
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Transfer Multisort Elektronik Sp. z o.o.
Transfer Multisort Elektronik Provides update on deliveries time regarding COVID-19 pandemic.
01.05.2020 and 03.05.2020 is a public holiday in Poland. TME office and warehouse will be closed. Orders placed during this time will be processed on the next business day. The delivery time given is only an approximation. It may be extended because of COVID-19.
4/27/2020
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Soshin Electric Co. Ltd.
Soshin Electric Provides update regarding Operation Status at it Malaysian Plant amid COVID-19 pandemic as of April 27, 2020.
As previously reported, due to the spread of the new coronavirus infection, in Malaysia where our noise filter mass production plant is located, the deadline for movement restrictions for the entire country was set to April 28, but this time from the Malaysian government May 12 It was announced that it would be delayed until the day. Currently, our Malaysia factory has been licensed to operate by 50% or less of the number of people and has resumed production, but this has forced us to continue the current state of operation until May 12.
4/27/2020
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DISCO Corporation
DISCO Reports a Forecast on its Production and Deliveries Beginning in May amid the spread of coronavirus as of April 27, 2020.
As stated in the previous report, more than six months’ worth of raw materials are always kept in stock for production. Please contact a sales representative if you would like to order many blades and wheels all at once for the purpose of increasing stock.
4/27/2020
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Core Staff Co., Ltd.
Core Staff Provides update regarding coronavirus outbreak.
At our company, to reduce the spread risk of new coronavirus infection, We have decided to extend the period of telework, which is being carried out from April 8, 2020, to May 15, 2020.
4/27/2020
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Autec Power Systems
Autec Power Provides update on Business Continuity regarding COVID-19 pandemic as of April 27, 2020.
Autec Power Systems is continuing to comply with the Safer-at-home order as mandated by California’s Governor to prevent the spread of the coronavirus and minimize impact to our state, local communities, and beyond. Compliance with this directive contributes to the continued safety and health of our employees, their families, and our greater communities.
4/27/2020
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Aview Image Technology Suzhou Limited.
Aview Image Technology Suzhou Provides update regarding COVID-19 pandemic.
Aview Image technology dedicated to developing high performance auto assembly line and system for the camera in automotive, smartphone, security, biomedical field.
4/27/2020
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The Boeing Company
Boeing to reopen SC Dreamliner plant next week after COVID-19 shutdown.
Boeing Co. said Monday it will start building 787 jets again at its South Carolina plant early next week after suspending operations indefinitely because of the coronavirus pandemic.
4/27/2020
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Littelfuse, Inc.
Littelfuse Announces Business Update regarding COVID-19 outbreak.
In accordance with “Phase 3” directives from the Mexican government, our manufacturing operations in Mexico are on a temporary shutdown until mid-May.
4/27/2020
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Nippon Chemi-Con Corporation
Nippon Chemi-Con Provides notification of Force Majeure regarding its Indonesia Made Products amid COVID-19 pandemic.
Indonesia stringent social distancing rules extended to 22/May/2020, which include a ban on gatherings of more than five people, limited public transport services and mandatory work-from-home, have affected the production of radial/chip type aluminum electrolytic capacitor and varistor at P.T. Indonesia Chemi-Con. In addition, there is a problem in the material supply from Malaysia because of nationwide lockdown.
4/27/2020
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Intel Corporation
Due to work from home amid the spread of COVID-19, Intel Sees Laptop CPU Sales Spike, But PC Slowdown Expected.
Intel saw a major spurt in demand for laptop processors unlike anything the chipmaker had seen in the previous 12 months thanks in large part to the abrupt shift of people working from home prompted by the coronavirus pandemic. But growth prospects for the rest of the year look dimmer.
4/27/2020
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MAFELEC
MAFELEC' Chairman Announces response to COVID-19 pandemic.
It took us 2 weeks to think about how to protect ourselves from the virus.
4/27/2020
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Samsung Electronics Co. Ltd.
Samsung cuts smartphone component orders by 50% due to COVID-19.
It's evident that the COVID-19 outbreak has a great impact on the smartphone industry and all OEMs are faced with a challenge to navigate through these uncertain times. According to the latest report, Samsung is doing the latter by limiting its component orders by half.
4/27/2020
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Aeroseal, LLC
Aeroseal Provides update regarding COVID-19 pandemic.
Like most businesses, Aeroseal is working remotely and following #stayathome orders while we focus on getting our employees, customers, and partners safely through the COVID-19 crisis.
4/27/2020
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SHINDENGEN ELECTRIC MANUFACTURING CO., LTD.
SHINDENGEN ELECTRIC Announces notice regarding working from home amid COVID-19 pandemic.
New Coronavirus Infection ( COVID-19As a part of measures against the new coronavirus infectious disease (COVID-19), in order to ensure the safety of employees and prevent the spread of infection, all of our employees will work from home until May 8.
4/27/2020
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Nichia Corp.
Nichia Provides update regarding telecommuting amid COVID-19 pandemic.
Nichia has a social responsibility view to prevent the spread of new coronavirus infections, From the point of view, we used to work from home (telework) for employees. We would like to inform you that we have decided to extend it as follows We apologize for the inconvenience caused to our business partners and other parties concerned. We appreciate your understanding.
4/27/2020
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Panasonic Corporation
Panasonic Cuts Sales Outlook by $2.3 Billion Citing Virus Impact.
Osaka, Japan, April 27, 2020 -- Panasonic Corporation ([TSE:6752] “Panasonic”) today announced to have revised its financial forecasts for the fiscal year ended March 31, 2020 (fiscal 2020) from the forecasts as of February 3, 2020, based on the impact from the worldwide spread of the novel coronavirus on the Panasonic Group. In addition, the Company announced its response toward prevention of the spread of the novel coronavirus, and its plan to update the progress of the Mid-term strategy
4/27/2020
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OMRON Corporation
OMRON Corporation Provides update on Business Continuity amid the impact of COVID-19 pandemic as of April 27, 2020.
Our Malaysia factory’s operation permit has been extended to cover the government restrictions that are now in force until May 12th. With governmental guidance, this factory has been able to restart production and shipments on a very limited basis. Last week they were able to increase by 20% the number of employees allowed on the production lines.
4/27/2020
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PRIDE Industries
PRIDE Industries Provides Important Work and Day Program Update regarding COVID-19 pandemic.
Previously, we communicated that our Work and Day Programs would tentatively return on Monday, May 4, 2020. However, given that the stay-at-home order remains in effect, our new tentative return-to-program date is Tuesday, May 26, 2020, which is the day after Memorial Day.
4/27/2020
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Isahaya Electronics Corporation
Isahaya Electronics Provides update regarding Business Operational Status amid COVID-19 pandemic as of April 27, 2020.
Regarding the operation of our overseas production bases due to the occurrence of new type pneumonia, we will inform you of the situation as of today.
4/27/2020
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SHINDENGEN ELECTRIC MANUFACTURING CO., LTD.
SHINDENGEN ELECTRIC Provides Information of the impact of Novel Coronavirus (COVID-19) on its Manufacturing Sites.
Shindengen Vietnam Co., Ltd. Temporarily closed its operation from 8th April to 15th April. Reopened part of its operation from 16th April, and all the production lines began rolling again on 23th April.
4/27/2020
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SINBON Electronics Co., Ltd.
SINBON Electronics Reports 2020 First Quarter and Announces the impact of COVID-19 pandemic as of April 27, 2020.
SINBONʼs first quarter of audited consolidation sales revenue in 2020 is NT$4.483 billion which is an increase of 11.83% over previous year of NT$4.009 billion. The consolidation gross profit rate is 25.72% which is the same to the previous year. The net profit after tax for the first quarter is NT$448 million which is an increase of 22.84% than year 2019 at NT$365 million. The EPS after tax is NT$1.93.
4/27/2020
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Key Tronic Corporation
Key Tronic Corporation Announces Mexico Facilities Resume Operations.
SPOKANE VALLEY, Wash., April 27, 2020 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced the Company has successfully resumed operations in its Juarez, Mexico facilities after announcing the temporary closure of these production facilities as a result of new restrictions by the Mexican government last week.
4/27/2020
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Crane Company
Crane Co. Reports First Quarter 2020 Results and Provides Update on COVID-19 Impact.
STAMFORD, Conn.--(BUSINESS WIRE)-- Crane Co. (NYSE: CR), a diversified manufacturer of highly engineered industrial products, reported first quarter 2020 GAAPearnings per diluted share (EPS) of $1.05, compared to $1.36 in the first quarter of 2019. Excluding Special Items, first quarter 2020 EPS was $1.15, compared to $1.45 in the first quarter of 2019. We estimate that COVID-19 related factors reduced both GAAP and adjusted EPS in the first quarter by approximately $0.15-$0.20. (Please see the attached Non-GAAP Financial Measures tables for a detailed reconciliation of reported results to adjusted measures.)
4/27/2020
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HAGIWARA ELECTRIC HOLDINGS CO., LTD.
Due to the impact of COVID--19, HAGIWARA ELECTRIC Postpones the release of Consolidated Financial Results for the Fiscal Year Ending March 31, 2020 to May 26, 2020.
The Company will postpone the consolidated financial results announcement for the fiscal year ending March 31, 2020, which was scheduled for Thursday, May 14, 2020. We will inform you as follows.
4/27/2020
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Cypress Semiconductor Corporation
Cypress Semiconductor Provides update regarding its Manufacturing Sites amid the spread of COVID-19 pandemic
The government-ordered nationwide lockdown order in India has been extended from April 14 to May 3, 2020. This required action may result in delays to the fulfillment of development kit orders.
4/27/2020
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Filtronic plc
Filtronic Remains in operation amid COVID-19 pandemic, as of April 27, 2020.
The health, safety, and welfare of our employees and our broader stakeholder group continue to be our first priority. The majority of our office staff have been working from home for a month now and this is working well. Our principal IT systems have long been cloud based and the nature of our work requires us to have robust and very secure IT systems.
4/27/2020
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Kyocera Corporation
Kyocera Group Measures with Regards to Covid-19.
The Kyocera Group places the highest priority on the health and safety of our customers, suppliers, employees, and their families. We are working to make sure that all of our stakeholders can remain healthy and to prevent the spread of Covid-19. In addition, individual Kyocera Group companies are taking steps to be able to continue providing products and services to their customers. Details of measures being taken with regards to Covid-19 are as follows;
4/27/2020
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Mitsubishi Group
Mitsubishi Motors starts production of face shields to help prevent the spread of COVID-19 infections.
Tokyo, April 24, 2020 –To help prevent the spread of COVID-19 infections, MITSUBISHI MOTORS CORPORATION (MMC) produces face shields to provide to medical institutions.
4/27/2020
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Canon Inc.
Canon will temporarily suspend some of its business operations in Japan due to the spread of COVID-19 outbreak.
TOKYO, April 6, 2020—The novel coronavirus (COVID-19) continues to rapidly spread throughout Tokyo and other large urban areas. Amid this situation, our highest priorities are to protect the health of our employees and their families, neighboring families and businesses, as well as customers and business partners, and to help prevent the spread of the novel coronavirus. Therefore, Canon Inc. announces that the following offices will temporarily suspend operations.
4/27/2020
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Renesas Electronics Corporation
Renesas Electronics will forego interim dividend payment for this period due to the impact of COVID-19 pandemic.
TOKYO, Japan ― Renesas Electronics Corporation (TSE: 6723), a premier supplier of advanced semiconductor solutions, today announced the consolidated financial forecasts for the six months ending June 30, 2020 and forecasts of cash dividends. Due to the uncertainty of impacts from the worldwide COVID-19 pandemic to Renesas’ business, it is difficult to make a reasonable calculation of the financial forecasts at this current time. For this reason, consolidated financial forecasts for the six months ending June 30, 2020 remain undetermined.
4/27/2020
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Trakm8 Holdings PLC
Trakm8 feeling the effects of the coronavirus lockdown.
Trakm8 Holdings plc (AIM: TRAK), the global telematics and data insight provider today announces a trading update for its financial year ended 31 March 2020.
4/27/2020
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TSUBAKIMOTO CHAIN CO.
Due to the impact of COVID-19, TSUBAKIMOTO CHAIN Rescheduled the announcement of the Consolidated Financial Results for FY2019 ended March 31, 2020 to May 8, 2020.
Tsubakimoto Chain Co. (the “Company”) has decided to postpone the announcement of its Consolidated Financial Results for the fiscal year ended March 31, 2020, initially scheduled to be announced on May 8, 2020.
4/27/2020
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APEM Inc
APEM Provides update regarding Business Continuity amid COVID-19 pandemic.
We are now in a position to announce that we are ready, with the agreement of our employees, to resume production fully in all our entities.
4/27/2020
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Fujikura Ltd.
Due to the impact of COVID-19, Fujikura Rescheduled the announcement of Consolidated Financial Results for March 2020 to May 28, 2020.
We have decided to postpone the disclosing date of financial results, which was scheduled for Tuesday, May 12, to Thursday, May 28. Due to lockdown (the city blockade) and restrictions on expatriation accompanying the spread of new coronavirus infections, overseas subsidiaries located in Europe, the U.S. and Japan have impacts on the procedures of account settlement and auditing. In addition, every employee in each domestic branch located in specified caution prefectures works from home in principle to ensure the health and safety of our customers and employees, etc., in the view of preventing the spread of infection and maintaining the system for business continuity.
4/27/2020
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u-blox Holding AG
u-blox Holding Announces update on Business Continuity amid COVID-19 pandemic.
We maintain fully our operations and activities despite this crisis. Most of our employees work from home, and we postponed all in‑person events and meetings and turned them into virtual events. Furthermore we are in close contact with our production partners, and so far have maintained full production output and smooth provision of products and services. Also we are providing technical support as before.
4/27/2020
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INOVA Semiconductors GmbH
Business as usual for INOVA during corona crisis.
Worldwide, we are all currently facing an exceptional situation due to the Corona Virus (COVID-19). Limiting the spread and impact of COVID-19 has the highest priority for Inova Semiconductors. Against this background the company has installed various measures to protect its people, customers and to keep the business stable.
4/27/2020
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Anglia Components Ltd
Anglia Components Provides update regarding COVID-19 pandemic as of April 26, 2020.
To control the spread of Coronavirus, China, Italy and other countries have placed strict restrictions on travel to affected regions. Anglia is monitoring the situation carefully and has already implemented an immediate overseas travel restriction for all Anglia employees, this also includes overseas visitors to our HQ.
4/26/2020
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Murata Manufacturing Co., Ltd.
Murata Manufacturing Suspends operations at its facility in Toyama, Japan, after one employee tested positive for COVID-19.
On April 25, Murata Manufacturing Co., Ltd. (hereinafter, "Murata") confirmed that an employee at our group company, Toyama Murata Manufacturing Co., Ltd. (hereinafter, "the site"), working in the plant has tested positive for COVID-19.
4/25/2020
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SMK Corp.
SMK Provides update regarding Suspension of Operations at its Factories in the ASEAN Region amid COVID-19 pandemic.
(Updated April 24th) Suspension period of the Malaysia factory and the Philippines factory have been extended. With the permission from the governments of both countries, the Malaysian factory and Philippine factory are partially in operation. (Updated April 13th) Suspension period of the Malaysia factory has been extended. (Updated April 9th) Suspension period of the Philippines factory has been extended.
4/24/2020
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HMS Industrial Networks AB
Current supply situation at HMS related to the Corona virus: Delivery times and associated information.
All HMS production sites are up and running at normal or high speed, and have additional capacity available. We continue to monitor the situation on a daily basis and do our utmost to minimize disruptions in our supply chain. Any impacts on deliveries will be published on this page as soon as we have the information.
4/24/2020
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Curtis Instruments Inc.
Curtis Instruments Provides update regarding COVID-19 pandemic.
April 2020. Curtis operations worldwide are complying with local Covid-19 preventative actions. This includes following all medical and governmental infectious disease guidelines. The number one objective of Curtis is to assure the health and safety of our global employees, their families and communities.
4/24/2020
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Seiko Epson Corporation
Seiko Epson Reports the Status of Epson Timing Device Facility in Malaysia amid the spread of COVID-19 pandemic.
As of April 23, 2020, the Malaysian government has announced a two-week extension of Movement Control Order (until May 12, 2020). We are going to follow the government policy. With considering the safety and health of employees, we will continue communication with the government and related organizations to expand the operation of the Malaysian plant.
4/24/2020
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Season Group
Season Provides update on Business Continuity at its sites amid COVID-19 pandemic, as of April 24, 2020.
At least 2,588,850# confirmed cases were reported in a total of 215 countries/territories, including at least 184,198 fatal cases*.
4/24/2020
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Clippard Instrument Laboratory, Inc.
A Message from Clippard About Health and Safety amid COVID-19 pandemic.
Because many people that are infected with the coronavirus show no symptoms and there is limited testing, we may not be aware if we have the virus. This means we can best protect the people around us by wearing a mask to contain any virus that could be spread by coughing, sneezing, or even talking.
4/24/2020
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New England Wire Technologies
New England Wire Provides COVID-19 (Coronavirus) Client Update as of April 24, 2020.
Contact a Tech New England Wire Technologies is closely monitoring the global outbreak of the Coronavirus (COVID-19).
4/24/2020
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SACI, SA
SACI, SA Provides Business Update regarding COVID-19 pandemic as of April 24, 2020.
Continuing with the line of communication that we are maintaining during the health crisis caused by COVID-19Following the line of communication that we are maintaining during the health crisis caused by COVID-19, we want to report that once the decree to stop non-essential activities has ended, we maintain the activity at full capacity in our company . Our office, administration, engineering, purchasing, commercial and management teams maintain minimum face-to-face services and the rest of the staff has been teleworking since last Tuesday, March 17.
4/24/2020
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Teac Corporation
Teac Provides response to prevent the spread of new coronavirus infection.
Dear customers, customers Thank you very much for your continued support. We have set up Tokyo from April 25th to May 6th as "STAY HOME Week to protect life" from April 25th to May 6th, 12 days continuous vacation, further attendance control, promotion of telework In response to this request, we will further enforce the principle of telework work and restrained attendance on April 27 and 28 before the holiday of our Golden Week .
4/24/2020
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NSK Ltd
NSK Postpones the Announcement of Fiscal 2019 Financial Results due to impact of COVID-19 outbreak.
Due to the effects of the novel coronavirus, financial reporting has been delayed at our subsidiaries in several countries.
4/24/2020
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Samtec
Samtec Provides Notice regarding Coronavirus Pandemic Order Cancellation and Pushout Policy.
Effective May 1st, 2020 the buyer may not cancel any purchase order or pushout the deliveries for Products after Seller’s acceptance of the purchase order within sixty (60) days of the due date. Modifications in schedule made by Seller will not affect customer pricing.
4/24/2020
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OSRAM Opto Semiconductors GmbH
OSRAM Opto Semiconductors Provides update regarding Operational Status amid COVID-19 pandemic.
In parallel, the Malaysian government has continued to ease the restriction for certain important industries slightly which resulted in extension of the list of workers permitted in our facilities in Penang and Kulim by the Malaysian authorities. The additional number of employees will allow our factories in Malaysia to ramp-up the production again step by step within the next weeks. It enables us to restart many of our key products again and to run the production for these products at a minimum level. We will provide an overview of the status of the single products together with our monthly list of lead times by end of this month.
4/24/2020
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Hitachi Construction Machinery Co., Ltd.
Hitachi Construction Provides Notice of Extension of Tele-working Period and Postponement of Resumption of Normal Business Operations, due to the spread of COVID-19 pandemic.
In response to the Japanese government’s declaration of a state of emergency on April 7, the Hitachi Construction Machinery Group has been examining ways to further promote working from home and tele-working, which it has been promoting for some time.
4/24/2020
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Keystone Electronics Corp.
Keystone Electronics Provides update regarding Business Continuity amid COVID-19 pandemic.
Keystone are working with a very limited staff. At present time they do not suffer from any supplier shut down.
4/24/2020
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Molex Incorporated
Molex Provides Business Update regarding COVID-19 outbreak, as of April 24, 2020.
Molex Malaysia, which had permission to reopen on 25 March with reduced headcount, has received permission from the government to increase headcount. The site is currently 50% operational.
4/24/2020
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Cinch Connectivity Solutions
Cinch Connectivity Provides update regarding Business Continuity amid COVID-19 outbreak.
Our Reynosa, Mexico, facility has been ordered to cease operations per the order of the Secretary of Health, United Mexican States, Jorge Carlos Alcocer Varela, which states, to combat serious disease of SARS-CoV2 virus (COVID-19), the immediate suspension of activities not deemed essential is required. Thus, until we receive further authorization from the authorities of the United Mexican States, we will no longer be able to provide product manufactured at the Reynosa, Mexico, facility.
4/24/2020
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IQE PLC
IQE Provides update regarding Business Operational Status amid COVID-19 pandemic as of April 24, 2020.
Production continues at all of our global sites. Given the diversified nature of our global operations, the operating conditions continue to differ across our various sites.
4/24/2020
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HUBER+SUHNER
HUBER+SUHNER Provides Business Update regarding COVD-19 pandemic.
The global spread of Covid-19 into a pandemic and the resulting countermeasures taken by governments have been having a noticeable impact on demand at HUBER+SUHNER for several weeks. The company is implementing further measures as a result of these changed conditions. The guidance for the 2020 financial year has been suspended.
4/24/2020
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Nexperia
Nexperia Announce Business Update regarding COVID-19 outbreak.
The government of Malaysia announced to extend the lockdown until May 12. The government in the Philippines announced to extend the lockdown of its capital region until May 15. Nexperia has prepared for multiple eventualities. Therefore, we are able to respond quickly and further extend the ‘skeleton crews’ of both our facilities in Cabuyao (Philippines) and Seremban (Malaysia), in accordance with the official government approvals.
4/24/2020
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Nikon Corp.
Due to the impact of COVID-19, Nikon Rescheduled the release of its Financial Results for the Fiscal Year Ended March 31, 2020 to May 12, 2020.
This is to announce that NIKON CORPORATION (hereinafter “the Company”) has decided to postpone the announcement of its financial results for the fiscal year ended March 31, 2020, which was originally scheduled for May 12, 2020.
4/24/2020
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THK CO., LTD.
Due to the impact of COVID-19, THK Rescheduled the release of its financial results for the three months ended March 31, 2020 to May 25, 2020.
THK CO., LTD. ("THK") hereby announces that THK has decided to postpone the announcement of its consolidated financial results for the three months ended March 31, 2020, which was originally scheduled on May 12, 2020, until May 25 2020.
4/24/2020
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Fujitsu Limited
Due to the impact of COVID-19 pandemic, Fujitsu Rescheduled the release of FY 2019 Full-Year Financial Results to April 28, 2020.
Tokyo, April 24, 2020 – Fujitsu Limited (Fujitsu) today announced that it will postpone the announcement of FY 2019 Full-Year Financial Results, originally scheduled for April 28, 2020.
4/24/2020
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Japan Electronic Materials Corp.
Due to the impact of COVID-19, Japan Electronic Materials Rescheduled the release of its Financial Results for the Fiscal Year Ending March 2020 to May 12, 2020.
We will postpone the financial results announcement for the fiscal year ending March 31, 2020, which was scheduled for May 12, 2020, as follows. I will let you know. Record 1. Reason for postponing financial results announcement Due to the impact of the issuance of an emergency declaration and a request to refrain from going out due to the spread of new coronavirus infections Since it is expected that auditing operations by audit firms will be delayed, the financial results for the fiscal year ending March 2020 will be postponed.
4/24/2020
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Waka Manufacturing Co.,Ltd.
Waka Manufacturing Announces temporary closure of Matsumoto plant and the Asahi factory from April 29, 2020 to May 6, 2020.
We would like to express our deepest sympathies to those who died of this new coronavirus infection, and we sincerely hope that those affected will recover as soon as possible and that the infection will be terminated early.
4/24/2020
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Zytronic PLC
Zytronic Reduced operations in UK due to the spread of COVID-19 pandemic out break.
With the coronavirus (COVID-19) pandemic continuing to cause a global crisis, and with the UK Government extending the ‘lockdown’ period until at least the 11 May 2020, the Zytronic Directors have had to take further steps to protect its employees and the longer term sustainability of the business.
4/24/2020
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Solomon Systech
Solomon Systech Provides response to COVID-19 pandemic.
(Hong Kong – 23 Apr, 2020) The ongoing situation of COVID-19, inevitably, affects our families, businesses and communities across the globe. The way sizable companies respond to this COVID-19 is a defining moment that will be remembered for decades. Solomon Systech is concerned about the public’s health and safety. In response to the current situation, we deploy resources on expediting the production of specialized IC solutions applicable to healthcare products (including oximeter and thermometer) for households and the industry, aiming to cope with the drastic increase in demand worldwide in recent months. During the first quarter of this year 2020, we have supplied over 13 million IC components which support for production of oximeters and thermometers.
4/23/2020
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Autodesk, Inc.
Autodesk cut on virus concerns.
Autodesk (NASDAQ:ADSK) is downgraded from Overweight to Neutral at Atlantic Equities, which cut the price target from $204 to $179, a 2% upside.
4/23/2020
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W.W. Grainger, Inc.
W.W. Grainger Announces the impact of COVID-19 pandemic on its results for the 2020 first quarter.
CHICAGO, April 23, 2020 /PRNewswire/ -- Grainger (NYSE: GWW) today reported results for the 2020 first quarter . Sales of $3.0 billion in the quarter increased 7.2% versus the 2019 first quarter . On a daily basis, sales were up 5.5%. The first quarter had one more selling day than the prior year period.
4/23/2020
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SigmaTron International, Inc.
SigmaTron International, Inc. Operations Status Update.
ELK GROVE VILLAGE, Ill., April 23, 2020 (GLOBE NEWSWIRE) -- SigmaTron International, Inc. (NASDAQ: SGMA), an electronic manufacturing services company, hereby provides an update on its international operations due to the international footprint that it enjoys and the various COVID-19 related mandates issued in the countries where the Company has operations.
4/23/2020
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Hammond Manufacturing Ltd.
Hammond Operations Remain On-Going.
Hammond Manufacturing is a leading supplier of enclosures, racks, power strips, and transformers. While there is currently a great amount of uncertainty and disruption to daily life and business, we want you to know that we are here to serve you the same as we always have.
4/23/2020
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Honda Motor Co., Ltd.
Honda North American production suspension extends for a week due to the spread of COVID-19.
Honda North America officials announced Thursday that the company is extending its the automobile production suspension in North America for one week, and also is adding an additional week to a two-week furlough period for business operations staff in the U.S.
4/23/2020
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Kaga Electronics Co., Ltd.
Kaga Electronics Announces Postponement of Announcement of Financial Results for the Fiscal Year Ended March 31, 2020.
In response to the declaration of a state of emergency as a result of the spread of the novel coronavirus infection, the Company has adopted telework to reduce the risk of infection. For this reason a delay in account closing operations can be expected, and the Company has decided to postpone the announcement of its financial results for the fiscal year ended March 31, 2020, which was originally scheduled for Tuesday, May 12, 2020, to Thursday, May 21, 2020.
4/23/2020
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Intel Corporation
Intel shares drop on low Q2 guidance.
Intel shares fell as much as 6% in extended trading on Thursday after the company reported earnings for its fiscal first quarter.
4/23/2020
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Dave Embedded Systems
DAVE Embedded Systems' tribute to the current situation due to COVID-19 pandemic.
It has been just one month since COVID-19 was defined as a pandemic. Here in Italy, we were asked to change our ways of working and living, followed by many other countries.
4/23/2020
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Nichicon Corporation
Nichicon Restarting factory operation at its Malaysian plant amid the spread of COVID-19 pandemic.
On April 14th, 2020, we informed that we determined to extend the suspension of our NICHICON (MALAYSIA) SDN.BHD. (Hereinafter referred to as the facility) until April 28th, 2020 (Tuesday). However, we have received an operation permit of the facility from the Malaysian government.
4/23/2020
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CUI Devices
CUI Devices Provides update on Business Operational Status amid the spread of COVID-19 pandemic.
Our operations remain up and running. To assist OEMs, makers, and volunteer groups working to combat COVID-19, we are dedicating the full force of our resources to prioritize orders, streamline our free sample program, provide technical support, and address any other urgent needs of organizations combating COVID-19.
4/23/2020
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Saint-Gobain Group
Saint-Gobain Provides Business Update on COVID-19 pandemic & Announces first-quarter 2020 sales.
Sales were down 4.9% on a like-for-like basis. Despite a good start to the year in the European Regions and in the Americas, March saw the effects of the coronavirus spread beyond Asia-Pacific to the rest of the world. Volumes contracted 5.5% while prices rose 0.6% amid low inflation in energy and raw material costs.
4/23/2020
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Key Tronic Corporation
Key Tronic Corporation Announces Required Temporary Closure of Juarez Facilities Due to COVID-19.
SPOKANE VALLEY, Wash., April 23, 2020 (GLOBE NEWSWIRE) -- Key Tronic Corporation (Nasdaq: KTCC), a provider of electronic manufacturing services (EMS), today announced the temporary closure of its Juarez, Mexico production facilities as a result of new restrictions by the Mexican government, which could potentially last until May 30, 2020 (unless further extended).
4/23/2020
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Lisi Group
Lisi Group Announces outlook and comments on the financial impact of business, due to COVID-19.
The COVID-19 global pandemic significantly weighed on the Group’s activity in the second half of March, resulting in a fall in Q1 sales.
4/23/2020
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Cirris Systems Corp.
Cirris Systems Provides Business Update regarding COVID-19 pandemic as of April 23, 2020.
The COVID-19 pandemic has caused changes throughout the American workforce. Cirris is no exception. In order to protect our employees, customers, and business, we sacrificed time, space, and personal needs. Over half the company turned their homes into home offices. Communication moved online. Those who still worked at Cirris headquarters were forced to wear protective masks. One thing did not change. Every Cirris employee gladly accepted these changes with a positive attitude.
4/23/2020
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Pilz GmbH & Co. KG
Pilz GmbH & Co. KG Provides update regarding COVID-19 outbreak.
The safety of employees, customers and business partners is of highest priority in the current situation. Customer care continues to be guaranteed via telephone and videoconferences and by our Customer Support. As of now, the most important Pilz Academy trainings will be offered as webinars. We also work on other means of informing about our exhibition highlights. Now as then, our customers are supplied at the best possible rate.
4/23/2020
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O-Net Communications Group Ltd.
O-Net Communications Group Announces the impact of COVID-19 pandemic on its revenue for the three months ended 31 March 2020.
This announcement is made by O-Net Technologies (Group) Limited (the “Company” and, together with its subsidiaries, the “Group”) pursuant to Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”) and the Inside Information Provisions (as defined in the Listing Rules) of Part XIVA of the Securities and Futures Ordinance (Chapter 571, Laws of Hong Kong).
4/23/2020
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Toyota Motor Corporation
Toyota to reopen San Antonio plant, 12 others on May 4
Toyota Motor Corp. will ease back into production at its San Antonio plant and 12 others in the United States and Canada on May 4, ending a six-week hiatus.Thursday’s reopening announcement came as the company disclosed that two its San Antonio workers, and a total of 24 at Toyota’s North American facilities, were infected with coronavirus.
4/23/2020
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Fujikin Incorporated
Fuji in Incorporated Remains Operational amid COVID-19 pandemic.
We would like to inform you about the status of Fujikin Co., Ltd.'s response to the new coronavirus infection as follows.
4/23/2020
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Suga Test Instruments Co.,Ltd
Suga Test Instruments Announces Notification of the situation associated with measures against the new coronavirus and implementation of telecommuting.
We would like to inform you about the status of our company for new coronavirus infections. We have implemented the following measures to prevent the spread of infection and to ensure the safety of everyone involved and our employees.
4/23/2020
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Schnorr GmbH
Schnorr's protective measures for employees amid COVID-19 pandemic.
With effect of the first measures resp. Regulations of the Federal Government (March 12th, 2020) we have taken various protective measures for our employees and visitors, which ensure the best possible protection to them.
4/23/2020
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ASM Pacific Technology Ltd.
ASM Pacific Technology Provides update on Business Continuity regarding COVID-19 pandemic outbreak.
(Hong Kong, 22 April 2020) — The world’s No.1 semiconductor assembly and packaging solutions supplier ASM Pacific Technology Limited (“ASMPT” / the “Group”) (Stock code: 0522) today announced its quarterly results for the three months ended 31 March 2020. Despite a challenging quarter with the COVID-19 outbreak, ASMPT managed to register a very strong double-digit % yearon-year (“YoY”) and quarter-on-quarter (“QoQ”) growth in bookings. Bookings for this quarter was the 2 nd highest first quarter bookings after the record booking performance in Q1 2018.
4/22/2020
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Xilinx, Inc.
Coronavirus dampens Xilinx's current-quarter revenue forecast.
(Reuters) - Xilinx Inc (XLNX.O) on Wednesday forecast first-quarter revenue below estimates and refrained from providing an annual outlook, citing the uncertainty caused by the coronavirus outbreak. The pandemic has ripped through the semiconductor industry, with lockdown orders interrupting operations and supply chains, even though many plants were eventually allowed to remain open. Xilinx shares, which closed 5% higher on Wednesday, shed most of those gains in extended trading.
4/22/2020
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The Boeing Company
Boeing restarts production of commercial airplanes at Seattle factories, putting 27,000 employees back to work following COVID-19 shutdown after dozens of workers contracted the virus and one died.
Boeing this week is restarting production of commercial airplanes in the Seattle area, putting about 27,000 people back to work after operations were halted because of the coronavirus.
4/22/2020
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Chunghwa Precision Test Tech. Co., Ltd.
Chunghwa Precision Test Tech Provides update regarding COVID-19 pandemic & Announces First Quarter 2020 Operating Results.
CHPT (6510.TT), world semiconductor testing interface leader, today announced the operating results for the first quarter 2020. Net revenue reached NT$ 900 million which decreased 11% from the previous quarter and up 48% from same quarter of the previous year. World economy suffers from the COVID-19 pandemic in the first quarter 2020. Some companies in the semiconductor industry suspend its operation due to government restriction or supply-chain disruption from the coronavirus outbreak.
4/22/2020
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Liberty Electronics Inc
Liberty Electronics Provides update on COVID-19 pandemic.
During this historical period of time where the world is experiencing the COVID-19 outbreak, businesses everywhere are responding with necessary measures and precautions. Stopping the spread cannot be done through maintaining the normal day-to-day functions.
4/22/2020
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Variosystems
Variosystems Provides update on Business Operational Status amid COVID-19 pandemic as of April 22, 2020.
Enclosed you will find a current overview of our locations – the situation may change daily
4/22/2020
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Infineon Technologies AG
Infineon Technologies Announces Business Continuity Customer Notification on Corona (2019-nCoV, Covid-19) Virus Issue as of April 22, 2020.
For our Assembly&Test factory in Tijuana (Mexico), we are currently evaluating the impact of the sanitary emergency declared by the Mexican Federal Government which foresees a stop of all non-essential activities until May 30th. While the factory is currently still in operation at a limited volume, we are in close contact with the authorities to discuss the continuation of operations which fall into the category of "essential business”.
4/22/2020
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AXT, Inc.
AXT Announces first quarter 2020 financial results & COVID-19 Business Update.
FREMONT, Calif., April 22, 2020 (GLOBE NEWSWIRE) -- AXT, Inc. (NasdaqGS: AXTI), a leading manufacturer of compound semiconductor substrates, today reported financial results for the first quarter, ended March 31, 2020.
4/22/2020
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STMicroelectronics N.V.
STMicroelectronics Announces that COVID-19 negatively impacted its first quarter financial results for 2020.
Geneva, April 22, 2020 - STMicroelectronics (NYSE: STM), a global semiconductor leader serving customers across the spectrum of electronics applications, reported U.S. GAAP financial results for the first quarter ended March 28, 2020. This press release also contains non-U.S. GAAP measures (see Appendix for additional information).In response to the global COVID-19 pandemic, we will continue to ensure the health and safety of all our employees and to execute our business continuity plans, working with our customers, partners and the communities where we operate.
4/22/2020
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Honda Motor Co., Ltd.
Honda to halt output at two domestic plants as virus affects parts supply.
Honda Motor Co. will briefly halt production at two plants in Saitama Prefecture due to a disruption in the supply of parts amid the coronavirus outbreak, the automaker said earlier this week.
4/22/2020
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Barco
Barco Provides update on COVID-19 outbreak.
Kortrijk, Belgium, 22 April 2020, 7:30 am – Today Barco (Euronext: BAR; Reuters: BARBt.BR; Bloomberg: BAR BB) announced the results for the first quarter ended 31 March 2020.The start of 2020 was marked by the covid-19 outbreak and it had measurable impact on Barco’s activities. As a result of lockdowns in China, Barco’s sales in China were halted during February and gradually resumed in March. Also in China, operations and supply chains were disrupted during February but recovered to near full capacity by the end of the first quarter.
4/22/2020
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inTEST Corporation
inTEST Corporation Provides COVID-19 Related Business Update.
MANSFIELD, Mass., April 22, 2020 (GLOBE NEWSWIRE) -- inTEST Corporation (NYSE American: INTT), a global supplier of precision-engineered solutions for use in manufacturing and testing across a wide range of markets including automotive, defense/aerospace, energy, industrial, semiconductor and telecommunications, today shared updates to its operations in response to the evolving challenges and government directives related to the Coronavirus (“COVID-19”) pandemic.
4/22/2020
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Foxconn Electronics Inc.
Foxconn announces the start of mask production at Mount Pleasant manufacturing facility.
MOUNT PLEASANT — Foxconn Technology Group announced Monday that the company has started assembling procedural masks at its Racine County manufacturing facility in the Village of Mount Pleasant to aid in state and national response to the global COVID-19 pandemic.
4/22/2020
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Plexus Corp.
Plexus Corp. Announces the impact of COVID-19 pandemic on its fiscal second quarter financial results.
NEENAH, Wis., April 22, 2020 (GLOBE NEWSWIRE) -- Plexus (NASDAQ: PLXS) today announced financial results for its fiscal second quarter ended April 4, 2020, and guidance for its fiscal third quarter ending July 4, 2020.On March 2 and March 23, 2020, Plexus announced updates to its fiscal second quarter revenue outlook. The Company stated that it expected its fiscal second quarter revenue to fall below its previously issued guidance range as a result of COVID-19 impacts.
4/22/2020
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Foresight
Foresight Continues to Progress During COVID-19 Pandemic.
Ness Ziona, Israel – April 22, 2020 - Foresight Autonomous Holdings Ltd. (Nasdaq and TASE: FRSX), an innovator in automotive vision systems, today provided an update on operational and financial measures taken by the Company in response to the COVID-19 pandemic.
4/22/2020
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United Wire & Cable Inc
United Wire & Cable Provides Business Update regarding COVID-19 pandemic as of April 22, 2020.
Our Project Management, Operations and Commercial teams continue to work hard to mitigate any impact on our customer’s orders, and are committed to ensuring constant communication and updates during this pandemic.
4/22/2020
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Telefonaktiebolaget LM Ericsson
Telefonaktiebolaget LM Ericsson Provides update on COVID-19 & Reports first quarter results 2020.
Sales were SEK 49.8 (48.9) b. A decline by -2% adjusted for comparable units and currency. The Covid-19 pandemic had limited impact on operating income and cash flow in the quarter.
4/22/2020
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Seica S.p.A.
Seica Has Resumed Operations amid the spread of COVID-19 pandemic.
SEICA SPA has resumed operations following the government decree emanated on April 10 2020, in full conformance to the health guidelines and regulations in order to continue to safeguard the health of all the members of our team.
4/22/2020
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Kyoden Co., Ltd.
Kyoden Co Remains in operation amid the spread of COVID-19 pandemic in Japan.
The new coronavirus infection ( COVID-19 everyone was subjected to the has been everyone and influence suffering) to like, I would like sympathy respectfully. We would also like to express our sincere gratitude to all those who are working hard to prevent the spread of infection, such as medical professionals and government officials . Our company, the situation of the new coronavirus infection expansion, as well as a pair of emergency declaration from the government
4/22/2020
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Hitachi, Ltd.
Hitachi's Actions for the Prevention of the Spread of COVID-19.
Tokyo, April 22, 2020 --- As the impact of Novel Coronavirus ("COVID-19") continues to grow, the Hitachi Group is taking steps to prevent the spread of the outbreak, placing top priority on the health and safety of its employees and their families worldwide, as well as its stakeholders, customers and partners. Subsequently, the Hitachi Group is making maximum efforts to ensure an environment in which business can be conducted through remote working, whilst continuing to support our customers and maintain the functions of critical social infrastructure.
4/22/2020
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Plexus Corp.
Plexus Corp. Announces a COVID-19 Statement.
We have been actively monitoring the global outbreak and spread of COVID-19 and taking steps to mitigate the potential risks to us posed by its spread and related circumstances and impacts. The following is a summary of a variety of the actions we have taken and continue to take.
4/22/2020
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SHINDENGEN ELECTRIC MANUFACTURING CO., LTD.
SHINDENGEN ELECTRIC MANUFACTURING Rescheduled the release of earnings announcement for the fiscal year ending March 2020 to May 12, 2020.
We have decided to postpone the full-year consolidated financial results announcement for the fiscal year ending March 31, 2020, which was scheduled for May 12, 2020.
4/22/2020
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Schurter Holding AG
Schurter Holding Provides update on Business Continuity regarding COVID-19 pandemic as of April 22, 2020.
We want to thank you for your continued patience in these unprecedented and very challenging times. Going forward you can expect frequent status updates from SCHURTER how we react to the COVID-19 pandemic. Continued travel restrictions, the shut-down of borders and whole cities and other similar events have created unanticipated labour, logistics and material shortages throughout the world. These actions may affect SCHURTERs ability to deliver products on time. We will continue to update you as the situations unfold.
4/22/2020
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Soshin Electric Co. Ltd.
Soshin Electric Provides update on business operational status at its Malaysian factory amid COVID-19 pandemic.
would like to express my gratitude to all the bereaved families. I'm still fighting against illness at this time We pray for the quick recovery of all the people. Our noise filter mass production plant is located due to the spread of new coronavirus infection In Malaysia, movement restrictions were issued for the whole country from March 18th to March 31st. Movement restrictions have been extended until April 28. Due to this, our Malaysian factory was forced to shut down from March 18, but Currently, we have permission to operate by 50% or less of people, including backup production at domestic factories. We are doing our best to recover. However, the production volume is limited to about 50-60% of the normal time, and many customers We apologize for the inconvenience. We appreciate your understanding.
4/22/2020
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Huawei Technologies Co. Ltd.
Amid the spread of COVID-19 pandemic, Huawei's business is continuing as usual and its overall business results in Q1 2020 are in line with expectations.
[Shenzhen, China, April 21, 2020] Huawei today announced its business results for the first quarter of 2020. In Q1 of this year, Huawei generated CNY182.2 billion in revenue, an increase of 1.4% year-on-year. As COVID-19 continues to spread around the world, Huawei is taking proactive measures to ensure the safety of its employees. The company and its supplier network are working together to address the tough challenges facing production and resume operations
4/21/2020
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Kyowa Interface Science
Kyowa Interface Science will be closed until May 6, 2020 due to the spread of COVID-19 pandemic, as of April 23, 2020.
2020 . We will close the above period, which includes the temporary closure due to the new coronavirus infectious disease ( COVID-19 ) countermeasure and the Golden Week closure, which was announced earlier . Inquiries will be closed during the consecutive holidays. We will reply to the e-mails received during the period from May 7th (Wednesday) . Please note that it may take some time to reply. We apologize for the inconvenience, and thank you for your understanding. Although it is scheduled to open normally from Thursday, May 7, the period may be extended or business hours may be shortened based on social conditions. We will inform you again when it is changed.
4/21/2020
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Sulzer Ltd
Sulzer Provides Update on COVID-19 pandemic.
CEO Greg Poux-Guillaume stated: “Orders in the first three months of 2020 grew 6.5%, well above our 2-4% guidance and this despite impacts from the global Covid-19 pandemic. Our strong commercial performance was driven by our resilient aftermarket activities, which represent 45% of Sulzer, and by an active market for new pumps in all market segments. We expect the next quarter to be more challenging, as the full effect of country lockdowns is felt. Our low cyclical businesses, which represent two thirds of Sulzer, will be a factor of resilience, as will the decisive cost measures we have launched to adapt to the economic slowdown caused by the pandemic.”
4/21/2020
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Gogo Inc.
Gogo Announces Personnel Actions in Response to COVID-19-Related Decline in Airline Traffic.
CHICAGO, April 21, 2020 /PRNewswire/ -- Gogo (NASDAQ: GOGO) today announced that effective May 4, it will furlough approximately 60% of its workforce and reduce compensation for most other employees as part of a broad-based cost reduction plan due to the impact of COVID-19.
4/21/2020
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Chilisin Electronics Corp
Chilisin Electronics Reports the impact of COVID-19 pandemic on its first quarter results for 2020.
Chilisin Group reports 2020 Q1 financial results with consolidated revenue of US$120.10 million, 25.19% Gross Margin Rate and EPS after tax of 0.0342 USD.
4/21/2020
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Computer Task Group, Incorporated
Computer Task Group suspends guidance due to the pandemic, taps credit facility and provides Q1 business update.
Computer Task Group (NASDAQ:CTG) completed the acquisition of France and Canada based, StarDust in Q1.
4/21/2020
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Dover Corporation
Dover Announces Business Update regarding COVID-19 pandemic.
DOWNERS GROVE, Ill., April 21, 2020 /PRNewswire/ -- Dover (NYSE: DOV), a diversified global manufacturer, announced its financial results for the first quarter ended March 31, 2020.Due to the COVID-19 pandemic and the resulting negative impact to the global demand environment we are unable to forecast with certainty the effect on Dover's financial and operational results, which could be material, and as such, Dover's previously communicated guidance for full year 2020 revenue growth and adjusted EPS has been suspended.
4/21/2020
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NVIDIA Corporation
NVIDIA CEO Promises Raises, No Job Cuts in the Wake of COVID-19.
In a letter addressed to employees, NVIDIA CEO Jen Hsun Huang promised that the COVID-19 crisis will not cause job-losses anywhere along the company's regular payroll. Instead, the company will expedite pay-raises, the CEO's letter reads. Jen Hsun stressed the importance for NVIDIA's 13,775-strong workforce to remain home and safe. The letter comes in the wake of industry-wide fears of job losses, which NVIDIA's workforce isn't immune from.
4/21/2020
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Foxconn Electronics Inc.
Foxconn adding mask, ventilator assembly in Wisconsin to fight the spread of COVID-19 outbreak.
In response to the shortage of medical gear needed in the face of COVID-19, Foxconn Technology Group (Foxconn) has shifted assembly production to procedural masks in Mount Pleasant and is collaborating with Medtronic to produce ventilators.
4/21/2020
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Apex Material Technology Corp. (AMT)
AMT Provide update regarding Business Continuity amid COVID- pandemic.
In the midst of the global COVID-19 pandemic, many heroes have stepped up to protect communities through immense sacrifice. Frontline medical and essential service personnel including doctors, nurses, delivery people, bus drivers, and checkout clerks risk their health and livelihoods. AMT is grateful for the sacrifice of these selfless members of society and pray for continued health and safety during this pandemic.
4/21/2020
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Integra Technologies
Integra Technologies is OPEN.
Integra Technologies is here for you! Our 3 US location are open and ready to help you with your projects.
4/21/2020
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Toshiba Corporation
Toshiba provides notice about the new coronavirus infection in Kaga Toshiba Electronics Corporation.
Kaga Toshiba Electronics Corporation, to ensure the safety of customers, local residents and employees, and to prevent further infection, decided to temporarily suspend its production and logistics operation through April 30, 2020. At present, the operation is scheduled to resume on May 1, 2020. We will report when there are any changes in this matter.
4/21/2020
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AEWIN Technologies Co. Ltd.
AEWIN Technologies Provides Business Update regarding COVID-19 pandemic, as of April 21, 2020.
Manufacturing Capacity Overview(production summary)
4/21/2020
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Mueller Industries, Inc.
Mueller Industries Announces update on COVID-19 pandemic.
Net income for the first quarter was $32.4 million, or 57 cents per diluted share, on $602.9 million in net sales, versus prior year net income of $15.7 million, or 28 cents per diluted share, on $611.8 million in net sales.
4/21/2020
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Panasonic Corporation
Panasonic to produce face masks by end of May, due to the spread of COVID-19 pandemic.
Panasonic Corp. will begin producing face masks at the end of May as supplies run short due to the COVID-19 pandemic.
4/21/2020
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TT Electronics plc
TT Electronics Provides update regarding Business Continuity amid COVID-19 pandemic.
Pots, Trimmers and EPS Sensors (BI Technologies) - Mexicali, Mexico facility closed until April 27th. Electromagnetics (BI Technologies) – Kuantan, Malaysia facility operating at reduced capacity until April 28th. Resistors (IRC) - Barbados factory closed until May 4th
4/21/2020
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Enersys
Enersys Provides Business update regarding COVID-19 pandemic.
READING, Pa., April 21, 2020 (GLOBE NEWSWIRE) -- In our press release of March 24, 2020, EnerSys (NYSE: ENS) announced the withdrawal of its guidance issued February 5, 2020 for the fourth fiscal quarter ending March 31, 2020 due to uncertainty surrounding the impact from the COVID-19 virus and our ability to assess our results due to government actions to limit the spread of the virus which included closure of our global headquarters. In that press release we indicated we would attempt to provide preliminary unaudited results as soon as practical in mid to late April.
4/21/2020
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Inphi Corporation
Inphi Announces the impact of COVID-19 pandemic on its preliminary first quarter 2020 results.
SANTA CLARA, Calif., April 21, 2020 (GLOBE NEWSWIRE) -- Inphi Corporation (NYSE: IPHI), a leader in high-speed data movement interconnects, today announced preliminary financial results for the first quarter of 2020, ending March 31, 2020.
4/21/2020
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Schweizer Electronic AG
Schweizer Electronic Announces the impact of COVID-19 pandemic on its outlook for 2020.
Schramberg, 21 April 2020 – Today SCHWEIZER publishes the full report for the 2019 financial year and confirms the preliminary figures. Consolidated sales amounted to EUR 120.7 million, which is at the lower end of the projected sales of EUR 120 – 125 million (previous year: EUR 125.3 million).The effects of the coronavirus pandemic make it very difficult to make reliable projections for the 2020 financial year.
4/21/2020
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Carlisle Companies Incorporated
Carlisle's Business Update regarding COVID-19 pandemic.
SCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Carlisle Companies Incorporated (NYSE:CSL) today announced its financial results for the three month period ended March 31, 2020 and, in response to regulatory recommendations, will provide details, including forward-looking information, on the impacts of the coronavirus (COVID-19) pandemic on the Company.
4/21/2020
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Emerson Electric Co.
Emerson Electric Provides update regarding COVID-19 pandemic as of April 21, 2020.
ST. LOUIS, April 21, 2020 – Emerson (NYSE: EMR) today reported results for the second fiscal quarter ended March 31, 2020 and announced updated guidance for the fiscal year.GAAP EPS was $0.84, flat versus prior year; adjusted EPS, which excludes restructuring and related costs, was $0.89, exceeding midpoint of management guidance of $0.81, as operational declines due to COVID-19 were more than offset by non-operating tailwinds and benefits of previously announced aggressive restructuring actions, which began in the third quarter of 2019
4/21/2020
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ReneSola Ltd
ReneSola Power Discusses Recent COVID-19 Impact.
STAMFORD, Conn., April 21, 2020 /PRNewswire/ -- ReneSola Power Inc. ("ReneSola" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today discussed recent initiatives taken to help it prudently manage its business during the COVID-19 pandemic. The company also updated first quarter guidance to reflect the impact of those protective measures.
4/21/2020
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Inventus Power
Inventus Power's CEO Provides Business Update on COVID-19 pandemic.
The COVID-19 pandemic has affected businesses all around the world. For Inventus Power, each day seems to come with a new set of challenges, and I am very proud of our global team for their continued dedication, flexibility, and commitment to our customers.
4/21/2020
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Kioxia Corporation
Kioxia Provides update regarding Business Operational Status at its sites in Japan amid the spread of COVID-19 pandemic, as of April 21, 2020.
The spread of the COVID-19 pandemic continues to impact the world in unimaginable ways. The health and safety of our employees and their families, customers, business partners and all members of the Kioxia community remains our primary concern.
4/21/2020
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Epson Electronics America, Inc.
Epson Electronics America Provides update regarding Business Continuity amid COVID-19 outbreak.
We are very pleased to announce we were able to obtain permission for partial resumption of the manufacturing site from the Malaysian government.
4/21/2020
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Halma plc
Halma today Releases an update regarding the impact of the COVID-19 pandemic.
We continue to expect our adjusted profit before tax for the year ended 31 March 2020 to be in a range of £265 million to £270 million, in line with the guidance given in our scheduled Trading Update on 19 March 2020. We expect revenues to be approximately £1,330 million and year-end net debt (excluding the impact of IFRS16) to be approximately £320 million.
4/21/2020
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SMC Corporation
SMC Corporation Provides Business Update regarding COVID-19 pandemic outbreak.
We would like to inform you of SMC Corporation’s current mitigation measures taken to cope with the Coronavirus Disease of 2019 (COVID-19) as described below.
4/21/2020
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International Business Machines Corporation
International Business Machines Announces the impact of COVID-19 pandemic on its 2020 First-Quarter Results.
“IBM remains focused on helping our clients adapt to the immediate challenges of the COVID-19 pandemic, while we continue to enable them to shift their mission-critical workloads to hybrid cloud and expand their use of AI to help transform their operations," said Arvind Krishna, IBM chief executive officer. "Our first-quarter performance in cloud is a reflection of the trust clients place in IBM's technology and expertise today, and positions us to continue