austriamicrosystems to end short-time work at Unterpremstaetten site
Unterpremstaetten, Austria (December 21, 2009) — austriamicrosystems (SIX: AMS), a leading global designer and manufacturer of high performance analog ICs for communications, industrial, medical and automotive applications, will terminate the current short-time work schedule at its Unterpremstaetten location on December 31, 2009.
Increased demand has created a noticeable improvement in the utilization of production capacity, thus rendering continuation of the short-time work schedule unnecessary according to the company’s assessment. The number of employees working shortened hours already decreased considerably last month; currently less than 300 employees remain under the short-time work schedule.
austriamicrosystems is a leading designer and manufacturer of high performance analog ICs, combining more than 27 years of analog design capabilities and system know-how with its own state-of-the-art manufacturing and test facilities. austriamicrosystems leverages its expertise in low power and high accuracy to provide industry-leading customized and standard analog products. Operating worldwide with more than 1,000 employees, austriamicrosystems focuses on the areas of power management, sensors & sensor interfaces and mobile infotainment in its markets Communications, Industry & Medical and Automotive, complemented by its Full Service Foundry activities. austriamicrosystems is listed on the SIX Swiss Exchange in Zurich (ticker: AMS).