Infineon resumes partial operations in Shanghai

German chipmaker Infineon Technologies AG said the throughput of its distribution center in Shanghai has returned to 50 percent of its normal level under closed-loop management.

Infineon said in a statement to China Daily on Thursday it has been included in a "white list" greenlit to resume operations in Shanghai, and it has provided accommodation and subsidies for its employees resuming work.

"The Distribution Center China in Pudong is expected to fully resume work in June, according to the local government's arrangement," Infineon said.

According to the company, the transportation of chips and raw materials imported from other countries to Infineon's factory in Wuxi, Jiangsu province, as well as shipments of finished products from the factory to its distribution center in Shanghai, have also largely returned to normal.

"China is the largest and fastest-growing semiconductor market in the world and the largest regional market for Infineon. We have always attached great importance to the Chinese market and have expanded investment through a series of localization measures to better serve local customers in China," Infineon said.

According to the company, it is discussing risk prevention strategies with the local government and logistics providers to better cope with the impact of the epidemic on the supply chain and to ensure business continuity and supply stability.