Ayala Corporation, one of the country's leading conglomerates, reported that it sustained its growth momentum with a 26 percent growth in core net income, which excludes one-off items, to P11.8 billion in the first quarter of 2024 from P9.4 billion in the same period last year. In a disclosure to...
The Ayala Group’s semiconductor manufacturing arm Integrated Micro-Electronics, Inc. (IMI) reported a net loss of $3.7 million in the first quarter of 2024, or 394 percent or almost five times the $749,000 incurred in the same period last year. In a disclosure to the Philippine Stock...
Integrated Micro-Electronics Inc. (IMI), the Ayala Group’s semiconductor manufacturing arm, reported that its net loss ballooned to $109.2 million last year, 16 times the loss of $6.8 million in 2022. In a disclosure to the Philippine Stock Exchange (PSE), the firm said its 2023 performance...
The Ayala Group’s tech manufacturing arm Integrated Micro-electronics Inc. (IMI) announced that its Chief Executive Officer Arthur R. Tan will be replaced by Lou Hughes in May this year. IMI CEO Arthur R. Tan In a disclosure to the Philippine Stock Exchange (PSE), IMI said Tan will no longer...
The Ayala Group’s manufacturing arm Integrated Micro-Electronics Inc. (IMI) reported a net loss of $1.6 million in the first nine months of 2023 from $0.81 million in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said revenues were lower and the...
Integrated Micro-Electronics Inc. (IMI), the manufacturing arm of the Ayala Group, saw its net loss balloon to $82.9 million in the second quarter of 2023 from the $3.5 million loss incurred in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said this includes...
President Ferdinand “Bongbong” Marcos Jr. on Monday, May 1 (US time), witnessed the signing of a a memorandum of agreement (MOA) between Integrated Micro-Electronics Inc. (IMI) of the Ayala Group and California-based Zero Motorcycles that would bring some 200 jobs to the Philippines for the...
Integrated Micro-Electronics, Inc. (IMI), the tech manufacturing arm of the Ayala Group, incurred a net loss of $2 million in the first quarter of 2022—a reversal from the $2.2 million earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the firm said revenues...
Integrated Micro-Electronics, Inc. (IMI) reported a net loss of $10.6 million in 2021, 66 percent more than its net loss of $6.4 million in 2020. In a disclosure to the Philippine Stock Exchange, the firm said the loss is “due to increased growth and technology-related investments in non...
Integrated Micro-Electronics Inc. (IMI), the manufacturing arm of the Ayala group of companies, reported a halt in the operation of its facilities in Shenzhen, China. In a disclosure to the Philippine Stock Exchange, IMI said it’s Shenzen facilities contribute approximately 10 percent of the...