X-FAB Affected by Cyber Attack
06 Luglio 2020 - 08:30AM
Business Wire
Regulatory News:
X-FAB Silicon Foundries SE (BOURSE:XFAB)
On July 5, 2020, X-FAB Group was the target of a cyber security
attack. Following the advice of leading security experts engaged by
X-FAB, all IT systems have been immediately halted. As an
additional preventive measure, production at all six manufacturing
sites has been stopped.
X-FAB has promptly engaged with the relevant authorities to
investigate the unprecedented incident. In addition, a team of
internal and external security experts has been put in place to
resolve the problem and to recover all systems. X-FAB also decided
to immediately start the temporary fabrication facility shutdowns
that were initially planned to take place later in the third
quarter in the context of X-FAB's Covid-19 cost-saving
initiative.
At this stage, it cannot be estimated for how long and to which
degree X-FAB's operations will be disrupted. It is also too early
to assess if there will be any financial impact.
About X-FAB
X-FAB is the leading analog/mixed-signal and MEMS foundry group
manufacturing silicon wafers for automotive, industrial, consumer,
medical and other applications. Its customers worldwide benefit
from the highest quality standards, manufacturing excellence and
innovative solutions by using X-FAB’s modular CMOS processes in
geometries ranging from 1.0 to 0.13 μm, and its special silicon
carbide and MEMS long-lifetime processes. X-FAB’s analog-digital
integrated circuits (mixed-signal ICs), sensors and
micro-electro-mechanical systems (MEMS) are manufactured at six
production facilities in Germany, France, Malaysia and the U.S.
X-FAB employs about 3,800 people worldwide. For more information,
please visit www.xfab.com.
Due to the current unavailability of X-FAB's IT systems, this
press release was distributed via Business Wire only and is
available on the Company's website.
Forward-looking information
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Forward-looking statements are statements regarding or based upon
our management’s current intentions, beliefs or expectations
relating to, among other things, X-FAB’s future results of
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strategies or developments in the industry in which we operate. By
their nature, forward-looking statements are subject to risks,
uncertainties and assumptions that could cause actual results or
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described herein.
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regarding trends or current activities should not be taken as a
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or otherwise, unless legally required. You should not place undue
reliance on any such forward-looking statements, which speak only
as of the date of this press release.
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change without notice. No re-report or warranty, express or
implied, is made as to the fairness, accuracy, reasonableness or
completeness of the information contained herein and no reliance
should be placed on it.
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version on businesswire.com: https://www.businesswire.com/news/home/20200705005045/en/
Uta Steinbrecher Investor Relations X-FAB Silicon Foundries
+49-361-427-6489
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