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30 OC Employees to Lose Manufacturing Jobs

NEWPORT BEACH, CA-The layoffs will occur as a result of Conexant System's decision to sell the photomask portion of its operations. The locally based company manufactures semiconductors.

By Erin Cassin | Updated on September 04, 2001

NEWPORT BEACH, CA-Conexant Systems Inc., a Newport Beach-based manufacturer of semiconductors, has recently announced that it is selling the photomask portion of its operations. The news comes as recent research shows that the county’s manufacturing slowdown seems to be easing up.

The buyer, Jupiter, FL-based Photronics Inc., will acquire Conexant’s photomask manufacturing assets. The assets consist of various pieces of manufacturing equipment, according to a Photronics spokesperson. The sale will allow Conexant to outsource this facet of its operations, as Photronics will become the primary supplier of photomasks to Conexant, under the terms of a multi-year supply agreement between the two companies.

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