Identiv’s Thailand Production Facility Achieves ISO 9001:2015 and ISO 14001:2015 Certifications
June 06 2024 - 6:00AM
Business Wire
Identiv, Inc. (NASDAQ: INVE), a global technology
leader specializing in advanced Internet of Things (IoT) solutions,
today announced that its radio frequency identification (RFID) and
Bluetooth Low-Energy (BLE) device production facility in Thailand
has earned the ISO 9001:2015 Quality Management System and ISO
14001:2015 Environmental Management System certifications,
affirming its adherence to world-class quality management and
environmental sustainability standards.
Achieving ISO certification is a major milestone for a facility
that has been in operation for less than 12 months. These
certifications from the International Standards Organization (ISO)
confirm that Identiv's operations in Thailand meet the rigorous
requirements for both quality and environmental responsibility
across its materials, products, processes, and services. Further,
the strong industry expertise of Identiv's operations team
facilitated the accelerated timeline for earning ISO certification.
Identiv’s Singapore facility recently renewed its ISO 9001 and ISO
14001 certifications through 2026.
“Earning ISO 9001 and ISO 14001 certifications at a new facility
in a notably short time frame is a tremendous achievement for
Identiv,” said Dr. Manfred Mueller, Chief Strategy Officer,
Identiv. “These internationally recognized certifications validate
our long-standing commitment to sustainability and quality
management throughout our entire production process, providing us
with a strong foundation to accelerate RFID production at our
Thailand facility.”
As previously disclosed, Identiv intends to accelerate the
transition of the majority of its RFID and BLE production to its
Thailand facility to benefit from its lower cost structure and
state-of-the-art production equipment. In addition to RFID- and
BLE-enabled devices, Identiv’s current Thailand facility can
produce sensor-enabled, active, multi-component IoT devices.
Identiv expects the production transition from Singapore to
Thailand to be largely complete by the end of Q1 2025 and has
already secured the building adjacent to its current Thailand
facility for future capacity expansion. Subsequently, the company's
main RFID manufacturing will be based in Thailand, while a smaller
R&D and engineering-focused operation will remain in Singapore.
Identiv will continue to maintain its primary R&D and
Engineering center in Germany.
About Identiv
Built into over 1.5 billion applications worldwide, our
full-circle IoT solutions give digital identities to physical
objects, enhancing global connectivity for businesses, people, and
the planet. Learn more at identiv.com/iot.
Forward-Looking Statements
This communication contains forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. Forward-looking statements are those involving future events
and future results that are based on current expectations as well
as the current beliefs and assumptions of management of Identiv and
can be identified by words such as “anticipate,” “believe,”
“continue,” “plan,” “will,” “intend,” “expect,” “outlook,” and
similar references to the future. Any statement that is not a
historical fact is a forward-looking statement, including
statements regarding: Identiv’s beliefs related to the ISO
certification; Identiv’s commitment to sustainability and quality
management; expectations regarding Identiv’s production facility
transition, including expected benefits from the transition and
timing thereof; and expectations regarding future capacity
expansion and use of other facilities. Forward-looking statements
are only predictions and are subject to a number of risks and
uncertainties, many of which are outside Identiv’s control, which
could cause actual results to differ materially and adversely from
those expressed in any forward-looking statements. Factors that
could cause actual results to differ materially from those in the
forward-looking statements include, but are not limited to:
Identiv’s ability to continue the momentum in its business;
Identiv’s ability to successfully execute its business strategy,
including with respect to its IoT business; changes in its business
strategy; Identiv’s ability to capitalize on trends in its business
and penetrate the healthcare and other specialty markets; the
effect of competition on Identiv’s business; Identiv’s ability to
satisfy customer demand and expectations; the level and timing of
customer orders and changes/cancellations; issues related to the
transition to lower cost manufacturing; the loss of customers,
suppliers or partners; the success of Identiv’s products and
strategic partnerships; industry trends and seasonality; actual
cost savings, if any, and cash usage; the impact of macroeconomic
conditions, customer demand and inflation; and the other factors
discussed in its periodic and other reports and documents filed
with the U.S. Securities and Exchange Commission (the “SEC”),
including its Annual Report on Form 10-K for the year ended
December 31, 2023, Quarterly Report on Form 10-Q for the quarter
ended March 31, 2024, definitive proxy statement filed on May 13,
2024 and subsequent reports filed with the SEC. All forward-looking
statements are based on information available to Identiv on the
date hereof, and Identiv assumes no obligation to update such
statements.
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version on businesswire.com: https://www.businesswire.com/news/home/20240606515643/en/
Identiv Media Contact: press@identiv.com
Identiv IR Contact: IR@identiv.com
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