EXHIBIT 1.01
Published on June 1, 2015
EXHIBIT 1.01
CONFLICT MINERALS REPORT
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MICROCHIP TECHNOLOGY INCORPORATED
In Accord with Rule 13p-1 Under the Securities Exchange Act of 1934
This report for the year ended December 31, 2014 is presented to comply with Rule 13p-1 under the Securities Exchange Act of 1934 ("Rule 13p-1"). Rule 13p-1 was adopted by the United States Securities and Exchange Commission ("SEC") to implement reporting and disclosure requirements related to conflict minerals as directed by Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 ("Dodd-Frank"). Rule 13p-1 imposes certain reporting obligations on SEC registrants whose products contain conflict minerals necessary to the functionality or production of their products. Conflict Minerals are defined by Rule 13p-1 as gold, and cassiterite, columbite-tantalite, and wolframite, and their derivatives, which are limited to tin, tantalum, and tungsten.
If a registrant has reason to believe that any conflict minerals in their supply chain may have originated in the Democratic Republic of the Congo or an adjoining country ("Covered Countries"), or if they are unable to determine the country of origin of conflict minerals or that their products are manufactured entirely from recycled and scrap sources, then the issuer must exercise due diligence on the source and chain of custody of the conflict minerals. The registrant must annually submit a Conflict Minerals Report ("CMR") to the SEC that includes a description of those due diligence measures. This report is Microchip Technology Incorporated's CMR for the second reporting calendar year ended December 31, 2014.
This report is not audited, as Rule 13p-1 and current SEC guidance provide that if the registrant is not declaring products as "DRC Conflict Free," the CMR is not subject to an independent private sector audit ("IPSA").
1. COMPANY OVERVIEW
MICROCHIP TECHNOLOGY INCORPORATED develops, manufactures, contracts to manufacture and sells specialized semiconductor products used by its customers in a wide variety of embedded control applications. Microchip Technology Incorporated was incorporated in Delaware in 1989. In this CMR, "we," "us," and "our" each refer to Microchip Technology Incorporated and its subsidiaries ("Microchip"). Our executive offices are located at 2355 West Chandler Boulevard, Chandler, Arizona 85224-6199 and our telephone number is (480) 792-7200.
Our Internet address is www.microchip.com. This CMR will be posted on our website with our other SEC filings under About Us/Investor Relations as soon as reasonably practicable after it is electronically filed with the SEC. All of our SEC filings available on our website are free of charge. The information on our website is not incorporated into this CMR.
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1.1 Microchip Products
Our product portfolio is comprised of general purpose and specialized 8-bit, 16-bit, and 32-bit PIC® microcontrollers and 16-bit dsPIC® digital signal controllers, most of which feature on-board Flash (reprogrammable) memory technology. In addition, we design, manufacture, contract to manufacture, and sell a broad spectrum of high-performance linear, mixed-signal, power management, thermal management, RF, safety and security, and interface devices, as well as serial EEPROMs, Serial Flash memories and Parallel Flash memories and serial SRAM memories. We also license Flash-IP solutions that are incorporated in a broad range of products. Our synergistic product portfolio targets thousands of applications worldwide and a growing demand for high-performance designs in the automotive, communications, computing, consumer and industrial control markets.
Our strategic focus is on embedded control solutions, including:
1. |
Microcontrollers |
2. |
Analog, interface and mixed signal products |
3. |
Memory products |
4. |
RF modules and touch screen controller boards |
5. |
Development tools |
6. |
Technology licensing |
A more detailed discussion of our product categories and the products relating to each category for calendar year 2014 are contained in our Annual Reports for fiscal year 2014 (filed on May 30, 2014) and fiscal year 2015 (filed on May 26, 2015).
Microchip product categories 1, 2, 3, and 4 above are components incorporated into customers’ products. Category 5 is research and application development tools used by customers' design engineers to design and test products. Category 6, technology licensing, is not a physical product. Conflict minerals are not relevant to Category 6. All references to products hereafter include Microchip and all subsidiaries' products in Categories 1-5 that were manufactured by Microchip or its subsidiaries, or contracted by Microchip or its subsidiaries to be manufactured, and within the scope of Rule 13p-1 ("Microchip products") unless specifically attributed to Microchip or a specific subsidiary (e.g. "Microchip Category A products" vs. "subsidiary Category A products").
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For purposes of conflict minerals activities and reporting, we have categorized Microchip products as:
Conflict Minerals Disclosure Category |
Conflict Minerals Product Description |
Annual Report Product Description |
A |
Integrated circuits including touch screen controller ICs (e.g. PIC®Microcontrollers, dsPIC® Digital Signal Controllers, touch and gesture sensing solutions, analog and interface, RF front end products, wireless audio, USB and wireless solutions, embedded security products, memory products, medical electronics, LED drivers, printer/EL drivers, printer/EL drivers, telecommunications, general industrial.) |
1, 2 and 3 |
B |
RF modules and touch screen controller boards |
4 |
C |
R&D application development printed circuit boards and system kits |
5 |
We conducted an analysis of Microchip products and found that small quantities of tin, tantalum, tungsten and/or gold ("3TG"), necessary to their functionality or production, are found in substantially all Microchip products (Categories A, B and C).
1.2 Conflict Minerals Report
For all product categories, we have been unable to conclusively determine the origin of the 3TG that our products contain, or to determine to what extent they come from recycled or scrap sources; the facilities used to process them; their country of origin; or their mine or location of origin. Our suppliers reported at broad levels, often at the company or large product family level. None of our suppliers identified which entities sourced Microchip products and none of our suppliers reported that all entities identified on their Conflict Free Sourcing Initiative Conflict Minerals Reporting Template ("CFSI CMRT") sourced Microchip products. This report describes our Reasonable Country of Origin Inquiry (“RCOI”) for context, the due diligence measures we took on the 3TG source and chain of custody, a description of the products manufactured or contracted to be manufactured, the results of our due diligence efforts, and expected risk assessment and mitigation steps.
1.3 Supply Chain
Microchip Products
It was only practicable to conduct and complete a RCOI of all of our suppliers for Category A products in the second reporting period ended December 31, 2014. In calendar year 2014, Microchip continued the RCOI for Category B and C products that began in October 2013. Microchip focused on the highest volume, highest revenue products representing greater than 90% of Microchip revenue in fiscal year 2014, Category A, Integrated Circuits.
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1.3.1 Category A – Integrated Circuits
Integrated circuits are manufactured and assembled by Microchip and contract manufacturers, and the first tier supply chain to Microchip is best illustrated by three categories: (1) raw material suppliers; (2) silicon foundries; and (3) assembly subcontractors. Raw material suppliers support Microchip's two primary manufacturing sites where Microchip manufactures integrated circuits on raw silicon and our backend assembly sites.
1.3.2 |
Categories B and C -- RF Modules, Touch Screen Controller Boards and R&D Application Development Printed Circuit Boards and System Kits |
RF Modules, touch screen controller boards and R&D application development tools are assembled by Microchip and contract manufactures. For Category B and C products assembled by contract manufacturers, Microchip's design engineers specify the type and manufacturer of each discrete component. The contract manufacturers order the components and materials used in these products from their lower tier suppliers. Microchip does not have visibility or expertise to know if 3TG is necessary for functionality or production of all of the materials, components, and peripheral equipment that make up the components on Category B and C products. The contract manufacturers may not have that visibility either. Many suppliers to the contract manufacturers in turn have suppliers. Transparency through the supply chain is challenging and takes time. We refined our list of verified suppliers to 275 suppliers and more than 10,000 individual component part numbers. We found many different methods by which Microchip's internal product design groups produced bills of materials for the contract manufacturers to use. We recognized the presence of obvious, functional 3TG - tantalum in tantalum capacitors, gold on RF impedance-constrained circuit boards and certain connectors, tin used to mount components to circuit boards, as examples. However, understanding where or if other 3TG were present, and whether they were functional, was challenging. We expect our contract manufacturers to provide information on the origin of the 3TG contained in materials chosen and purchased directly by the contract manufacturers (e.g. tin solder and bare circuit boards). Microchip asked those same contract manufacturers to provide information on the origin of any 3TG contained in other materials, discrete components, and peripheral equipment that make up Category B and C products, but that proved challenging for the contract manufacturers.
1.4 Conflict Minerals Policy
Microchip has adopted a conflict minerals policy. Our publicly available policy is on our company website at www.microchip.com. Our policy in effect at the end of the reporting year is as follows:
Microchip joins many others who are concerned with the human tragedies occurring in the Democratic Republic of the Congo and adjoining countries associated with the mining of columbite-tantalite (tantalum), cassiterite (tin), wolframite (tungsten) and gold ("conflict minerals" or "3T&G").
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These minerals originate from various continents, but armed groups engaged in, or interfering with mining operations within the Democratic Republic of the Congo and adjoining countries (DRC region) are believed to subject workers and indigenous people to serious human rights abuses and are using proceeds from the sale of these "conflict minerals" to finance and sustain regional conflicts. As a result, there is pressure to avoid sourcing from the DRC region in its entirety. Such a stance is a de facto embargo and counter to the overall goal of encouraging viable and ethical revenue streams for the impoverished DRC region while discouraging human atrocities. Microchip supports the need to develop programs that allow for improved transparency in "3T&G" supply chains and responsible sourcing from the Africa continent DRC region.
Microchip, its executive management and its business groups, take corporate governance and business ethics seriously. Tin, tungsten, tantalum and gold are used in electronics products, including products manufactured and/or sold by Microchip. Today, supply chains for "3T&G" minerals are not transparent or controlled; it will take time to analyze the many supply chains and implement meaningful verification and control programs.
Working toward a goal to ensure our products are manufactured and/or sourced from socially responsible supply chains, Microchip:
• |
Participates with the Electronic Industry Citizenship Coalition's ("EICC") and Global e-Sustainability Initiative's ("GeSI") Conflict Free Sourcing Initiative that facilitates certification programs for smelters – programs that are proving challenging to implement meaningfully. |
• |
Collects supply chain information using the EICC/GeSI Conflict Minerals Due Diligence Request Template to conduct its reasonable country of origin inquiry required by the U.S. Dodd Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank"). |
• |
Provides information to its customers and suppliers and expects each to source materials from environmentally and socially responsible supply chains. |
• |
Publicly discloses our policy and implementation progress. |
• |
Ultimately expects to provide reasonable assurance that products are DRC conflict free. |
2. REASONABLE COUNTRY OF ORIGIN INQUIRY (RCOI)
The difference in product complexity and size of the respective supply chains of our different categories of products necessitated a different RCOI approach for the second reporting year.
2.1 Category A Products
Beginning in July 2014, Microchip sent the CFSI CMRT with an educational and instructional document requesting completion of the CFSI CMRT to well-defined raw materials suppliers and its contract manufacturers for Category A products.
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We reviewed the responses against criteria developed to determine valid responses and to identify candidates for subsequent inquiry ("Response Criteria"). For Microchip Category A inquiries, we received responses that we considered valid, including some requiring subsequent inquiry, from all first tier suppliers.
Table 1 Category A Products, Smelter Metrics - 113 Total Smelters
Smelters recognized conflict free by the CFSI CFSP |
Smelters actively participating in sourcing audits by CFSI CFSP, TI-CMC, LBMA, or similar |
Smelters known to source from the Covered Countries or for which there is reason to believe may source from the Covered Countries |
Smelters that use 100% scrap or recycled sources |
|
Tantalum |
18 of 18 |
0 of 18 |
13 of 18 |
1 of 18 |
Tin |
22 of 35 |
13 of 35 |
1 of 35 |
5 of 35 |
Tungsten |
6 of 15 |
9 of 15 |
1 of 15 |
1 of 15 |
Gold |
42 of 45 |
3 of 45 |
4 of 45 |
13 of 45 |
All smelters for Category A products known to source from the Covered Countries, or for which there is reason to believe may source from the Covered Countries, are recognized as conflict free by the CFSI CFSP. An additional tin smelter that may have been used in the past for Category A products and for which there is reason to believe may have sourced in the past from the Covered Countries is no longer operational.
2.2 Category B and Category C Products
For Category B and C products, we continued the RCOI that began in October 2013. 1Having previously identified and queried the printed circuit board manufacturers and the subcontract manufacturers’ unique materials, we successfully expanded our inquiry of discrete component manufacturers for both Categories and manufacturers of peripheral equipment included in our Category C application development kits.
By the end of the second reporting year, for Microchip’s Category B and C inquiries, we were able to successfully contact 100% of valid first and second tier Category B and C suppliers, up from 16% the previous reporting year. To date, we have received valid responses from about 70% of the suppliers we contacted.
1For a discussion of the early stages of the RCOI, challenges encountered, and direction forward, please refer to Microchip’s 2014 Form SD and Conflict Minerals Report (for calendar year 2013). This report is publicly available at www.microchip.com under About Us/Investor Relations.
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Table 2 Category B and C Products, Smelter Metrics - 237 Total Smelters
Smelters recognized conflict free by the CFSI CFSP |
Smelters actively participating in sourcing audits by CFSI CFSP, TI-CMC, LBMA, or similar |
Smelters not actively participating in sourcing audits by CFSI CFSP, TI-CMC, LBMA, or similar |
Smelters known to source from the Covered Countries or for which there is reason to believe may source from the Covered Countries |
|
Tantalum |
38 of 38 |
0 of 38 |
0 of 38 |
21 of 38 |
Tin |
31 of 56 |
13 of 56 |
12 of 56 |
2 of 56 |
Tungsten |
13 of 32 |
18 of 32 |
1 of 32 |
3 of 32 |
Gold |
63 of 111 |
6 of 111 |
42 of 111 |
5 of 111 |
All smelters for Category B and C products known to source from the Covered Countries, or for which there is a reason to believe may source from the Covered Countries based on business relationships, are recognized as conflict free by the CFSI CFSP. An additional tin smelter that may have been used in the past for Category B and C products and for which there is reason to believe may have sourced in the past from the Covered Countries is no longer operational.
3. DUE DILIGENCE PROCESS
3.1 Design of Due Diligence
We made a good faith effort in the second reporting year to work within the framework of the Organisation for Economic Co-Operation and Development Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas: Second Edition, OECD Publishing ("OECD Guidance") and related Supplements for 3TG.
3.2 Management Systems
Microchip operates under a set of Guiding Values and a Code of Business Conduct & Ethics that forms the foundation of all management systems at Microchip. Continuing through the second reporting year, Microchip expressed its concern and commitment regarding conflict minerals sourcing from the DRC and Covered Countries in a publicly available policy statement on conflict minerals as set forth in Section 1.4 above.
3.2.1 Internal Team
Continuing into the second reporting year, Microchip's management system for conflict minerals included a team of corporate representatives from relevant functions, including corporate environmental services, product environmental, supply management, risk management, corporate social responsibility and legal. The team is sponsored by Microchip's CFO, and senior management was briefed about the results of due diligence efforts, including minerals sourcing risks.
The conflict minerals team is responsible for implementing the conflict minerals compliance strategy, including formalizing conflict minerals due diligence practices, supplier risk assessment criteria, and responses to risk into a formal management system. The team is led by the Sr. Manager of Site Services and Risk Loss who acts as the conflict minerals program manager.
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3.2.2 Control Systems
To encourage establishment of a system of controls and transparency over the mineral supply, we participate in the Electronics Industry Citizenship Coalition-Global e-Sustainability Initiative's (EICC-GeSI) Conflict Free Sourcing Initiative (hereinafter "CFSI") to promote validation programs, increase our knowledge of smelters and refiners in the supply chain, understand the scope and process for audit and validation program plans for metal-specific trade organizations, gain insight into which smelters are known to source from the covered countries, and join discussions of emerging practical due diligence experiences.
During the second reporting year Microchip engaged a third-party due diligence consultant experienced with smelter sourcing research and with a proven record of smelter engagement. The consultant reviewed sorted smelter data obtained from our 2014 RCOI for Category A products and raw, unsorted smelter data from our 2013/2014 RCOI for Category B and C products, and then prepared a technical file for each.
Mineral sourcing risk, including customer perception of sourcing risk, is presented to Microchip's senior management.
3.2.3 Supplier Engagement
Microchip's supplier engagement activities in the second reporting year again focused primarily on Microchip Category A suppliers. During the reporting year we requested completion of the CFSI CMRT by raw material suppliers and contract manufacturers of Category A products using an educational request letter that included training materials developed by Microchip, and referral to training materials developed by and available through the CFSI. We reviewed responses against criteria developed to determine the number of valid responses ("Response Criteria") and we followed up for corrections and clarifications as needed. During the reporting year we began sending smelters reported by Category A suppliers that were not recognized as conflict free by the Conflict Free Sourcing Initiative's Conflict Free Smelter Program ("CFSI CFSP") and for which a valid email address was found, a corporate letter encouraging participation in the CFSI Conflict Free Smelter Program’s voluntary sourcing audit program.
Having completed engagement the previous reporting year with the two largest contract manufacturers and their bare printed circuit board suppliers for Microchip’s Category B and C products, Microchip continued and expanded its engagement with the second and third tier discrete component and peripheral equipment suppliers using the CFSI CMRT and educational materials. We have encountered circumstances where the manufacturer of the discrete component declines to provide a completed CMRT because we are not their direct customer - our contract manufacturer is their direct customer but the contract manufacturer did not specify the discrete component.
3.2.4 Grievance Mechanism
We have multiple grievance mechanisms whereby employees, suppliers and others can report suspected non-compliance with legal requirements and suspected non-compliance with Microchip's Code of Business Conduct & Ethics.
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Our Code of Business Conduct & Ethics policy (HR-690), Compliance with Laws policy (HR-685) and Reporting Legal Non-Compliance policy (HR-675) include complaint procedures. These policies are publicly available at www.microchip.com under About Us/Corporate Responsibility.
3.2.5 Maintain Records
For the second and future reporting years, Microchip developed a process for collecting and retaining RCOI and due diligence documentation that was directed, controlled and archived by the conflict minerals team.
3.3 Identify and Assess Risk in the Supply Chain
Because of our size, the complexity of our products, and the depth, breadth, and evolution of our supply chain, it can be difficult to identify suppliers upstream from our first tier (direct) suppliers. Accordingly, we identify direct suppliers that supply products to us that may contain conflict minerals. We pursue smelter identification using the CFSI CMRT. We participate in the CFSI as an integral part of our supply chain identification and due diligence and risk assessment processes.
Beginning in the second reporting year we successfully removed smelters from our Category A products' supply chain that were not cooperating with the CFSI CFSP. Specifically, we removed smelters that were not listed on, or that were removed from, the CFSI CFSP’s "active" smelter list.
3.4 Design and Implement a Strategy to Respond to Risks
We believe that understanding smelter sourcing practices is the best method that can eventually lead to certain determination of a product's conflict status. To that end, Microchip is a member of the CFSI. We review the lists of smelters reported by our supply chain against the CFSI CFSP compliant smelter list, their "active" smelter list, and the TI-CMC "active" smelter list.
We plan to engage with any of our suppliers whom we have reason to believe are supplying us with 3TG from sources that support conflict in the Covered Countries to seek to establish an acceptable alternative source of 3TG that does not support such conflict. We also encourage smelters reported by our supply chain and for which we can locate viable contact information to voluntarily participate in the CFSI CFSP or similar sourcing audit programs leading to conflict free recognition by the CFSI CFSP.
3.5 |
Carry Out Independent Third Party Audit of Supply Chain Due Diligence at Identified Points in the Supply Chain |
We do not typically have a direct relationship with 3TG smelters and refiners, and do not perform or direct audits of these entities within our supply chain. For the second reporting year, Microchip purchased gold bond wire directly from three large gold refiners; each of these three gold refiners is recognized conflict free by the CFSI CFSP. We support audits through membership in the CFSI.
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3.6 Report on Supply Chain Due Diligence
In addition to this report, we communicate our conflict minerals activities in our annual Sustainability Report and in our conflict minerals sourcing policy. All are available on our company website at www.microchip.com.
The information on our website is not incorporated into this CMR.
4. DUE DILIGENCE RESULTS
4.1 Request Information
We conducted a survey of those suppliers described above using the CFSI CMRT. The CFSI CMRT was developed to facilitate disclosure and communication of information regarding smelters and refiners that provide 3TG to a company's supply chain.
4.2 Summary Results for All Product Categories
Based on RCOI information provided by suppliers in Microchip's supply chains, our own due diligence efforts, and due diligence provided by our consultant, the facilities that may have processed the 3TG in Microchip's Category A products include those listed in Table 3, and that may have processed the 3TG in Microchip's Category B and Category C products include those listed in Table 4.
Based on our due diligence efforts, Microchip does not have sufficient information to conclusively determine the countries of origin for the 3TG in our products. Based on information provided by Microchip's suppliers, our due diligence consultant, the CFSI and others, Microchip believes that the countries of origin for the 3TG in our products include the countries listed in Table 5.
While we identified 20 smelters for Category A products that use exclusively scrap or recycled sources of 3TG, we determined that no correlation can be made to any specific Microchip Category A product type, technology family, or part number. No Microchip Category A product is made exclusively with 3TG sourced exclusively from scrap or recycled sources. Although these same 20 smelters are also reported to be in the supply chain for Microchip's Category B and C products, in the second reporting year Microchip was neither able to conclusively determine whether additional smelters may use exclusively scrap or recycled sources, nor able to determine whether there is a correlation between any specific type, application family, or part number based on contained 3TG being sourced exclusively from scrap or recycled sources.
Microchip's independent due diligence found publicly available information suggesting eleven reported smelters for Category A products source from the Covered Countries and reason to believe eight other smelters for Category A products may source from the Covered Countries. Each of these smelters is recognized as conflict free by the CFSI CFSP. An additional tin smelter that may have been used in the past for Category A products and for which there is reason to believe may have sourced in the past from the Covered Countries is no longer operational.
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Microchip's supply chain for Category A products removed this smelter from their supply chain for their products provided to Microchip.
Microchip's independent due diligence found publicly available information suggesting nineteen reported smelters for Category B and C products source from the Covered Countries and reason to believe twelve other smelters for Category B and C products may source from the Covered Countries. Each of these smelters is recognized conflict free by the CFSI CFSP. An additional tin smelter that may have been used in the past for Category B and C products and for which there is reason to believe may have sourced in the past from the Covered Countries is no longer operational.
For the 55 smelters reported to be in the supply chain for Category B and C products that were neither recognized conflict free by the CFSI CFSP nor were actively participating in a sourcing audit program, Microchip performed additional due diligence. The review criteria include a determination of the geographic location, whether there is a known, actively mined, and economically viable reserve of 3TG in the area, whether there is positive evidence of responsible and/or irresponsible sourcing, whether there is contrary evidence of responsible sourcing - all from publicly available sources, the smelters’ websites, the UN Group of Experts, NGOs, and the CFSI and similar organizations, and from our due diligence consultant’s communication with certain smelters. From this due diligence review Microchip concludes:
• |
Only the one tin smelter that is no longer operational may have sourced at some point in the past from the Covered Countries. |
• |
Among the other smelters, geographical locations were consistent with highly mineralized regions and there were no findings of positive evidence of irresponsible sourcing, and no contrary evidence. No verifiable evidence of irresponsible sourcing from the Covered Countries was found. |
4.3 Efforts to Determine Mine or Location of Origin
We have determined that participation in CFSI, requesting our suppliers complete the CFSI CMRT, and retaining a third-party due diligence consultant in the second reporting year is a reasonable way to determine the mines or countries of origin of the 3TG in our supply chain.
4.4 Smelters or Refiners
4.4.1 Category A
Microchip does not source 3TG from the Covered Countries, and Microchip typically does not source 3TG directly from smelters or refiners. The exception is gold bond wire. In this reporting year, Microchip purchased gold bond wire directly from three large refiners, each of which is recognized conflict free by the CFSI CFSP.
Based on RCOI information provided by suppliers in Microchip’s supply chains, our own due diligence efforts, and due diligence provided by our consultant, the facilities that may have processed the 3TG in Microchip’s Category A products include those listed in Table 3, and that may have processed the 3TG in Microchip’s Category B and Category C products include those listed in Table 4.
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5. STEPS TO BE TAKEN TO MITIGATE RISK
We intend to take the following steps to improve the due diligence conducted to further mitigate risk that the necessary conflict minerals in our products could benefit armed groups in the Covered Countries:
a.
|
Continue to work with the CFSI and/or other relevant trade associations to define and improve best practices and build leverage over the supply chain in accordance with the OECD Guidance and/or other SEC recognized framework. |
b.
|
Consolidate RCOI and due diligence practices and activities into a formalized conflict minerals management system. |
c.
|
Continue to retain a third-party due diligence consultant experienced with smelter sourcing research and direct smelter engagement. |
d.
|
Conduct third reporting year RCOI for Category A products using CFSI CMRT ver. 4.x. |
e.
|
Restart the RCOI for Category B and Category C products using CFSI CMRT ver. 4.x. Microchip will communicate its expectation that suppliers for Category B and C products begin to remove uncooperative smelters, and smelters that are not actively participating with the CFSI CFSP, or similar sourcing programs from the products they provide to Microchip through Microchip's contract manufacturers. |
f.
|
Develop supplier engagement strategies that may improve the RCOI response rate for Category B and C suppliers where Microchip is a second tier customer or lower. |
g.
|
Through our efforts, or those of our due diligence consultant, engage with selected smelters to encourage participation and conflict free recognition. |
h.
|
Continue to remove smelters from our Category A supply chain that are or become uncooperative with the CFSI CFSP, or who were at one time, voluntarily participating with the CFSI CFSP sourcing audit program or similar programs but who have fallen off the CFSI CFSP "active" smelter list or their compliant smelter list. |
i.
|
Engage with direct suppliers found to be supplying us with 3TG from sources that support conflict in any Covered Country to seek to establish an acceptable alternative source of 3TG. |
j.
|
As validation programs mature and the pool of validated conflict free smelters and refiners becomes more viable, expand our expectation that our suppliers source 3TG from smelters and refiners that are recognized conflict free by the CFSI CFSP and include a conflict minerals flow-down clause in new and renewed supplier contracts. |
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TABLE 3
Category A Products
Smelters Reported to be in Supply Chain
The RCOI producing this data was completed principally by December 19, 2014, with periodic revision based upon validation due diligence through March 4, 2015. 100% of supply chain reported.
Metal |
Standard Smelter Name |
Smelter Location Country |
Gold |
Aida Chemical Industries Co. Ltd. |
Japan |
Gold |
Allgemeine Gold-und Silberscheideanstalt A.G. |
Germany |
Gold |
AngloGold Ashanti Córrego do Sítio Minerção |
Brazil |
Gold |
Argor-Heraeus SA |
Switzerland |
Gold |
Asahi Pretec Corporation |
Japan |
Gold |
Asaka Riken Co Ltd |
Japan |
Gold |
Aurubis AG |
Germany |
Gold |
CCR Refinery - Glencore Canada Corporation |
Canada |
Gold |
Chimet S.p.A. |
Italy |
Gold |
Dowa |
Japan |
Gold |
Eco-System Recycling Co., Ltd. |
Japan |
Gold |
Heimerle + Meule GmbH |
Germany |
Gold |
Heraeus Ltd. Hong Kong |
Hong Kong |
Gold |
Heraeus Precious Metals GmbH & Co. KG |
Germany |
Gold |
Ishifuku Metal Industry Co., Ltd. |
Japan |
Gold |
Johnson Matthey Inc |
United States |
Gold |
Johnson Matthey Ltd |
Canada |
Gold |
JX Nippon Mining & Metals Co., Ltd. |
Japan |
Gold |
Kennecott Utah Copper LLC |
United States |
Gold |
Kojima Chemicals Co., Ltd |
Japan |
Gold |
LS-NIKKO Copper Inc. |
Korea, Republic Of |
Gold |
Materion |
United States |
Gold |
Matsuda Sangyo Co., Ltd. |
Japan |
Gold |
Metalor Technologies (Hong Kong) Ltd |
Hong Kong |
Gold |
Metalor Technologies SA |
Switzerland |
Gold |
Metalor USA Refining Corporation |
United States |
Gold |
Mitsubishi Materials Corporation |
Japan |
Gold |
Mitsui Mining and Smelting Co., Ltd. |
Japan |
Gold |
Nihon Material Co. LTD |
Japan |
Gold |
Ohio Precious Metals, LLC |
United States |
Gold |
PAMP SA |
Switzerland |
Gold |
Rand Refinery (Pty) Ltd |
South Africa |
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Gold |
Royal Canadian Mint |
Canada |
Gold |
SEMPSA Joyería Platería SA |
Spain |
Gold |
Shandong Zhaojin Gold & Silver Refinery Co. Ltd |
China |
Gold |
Solar Applied Materials Technology Corp. |
Taiwan |
Gold |
Sumitomo Metal Mining Co., Ltd. |
Japan |
Gold |
Tanaka Kikinzoku Kogyo K.K. |
Japan |
Gold |
The Refinery of Shandong Gold Mining Co. Ltd |
China |
Gold |
Tokuriki Honten Co., Ltd |
Japan |
Gold |
Umicore SA Business Unit Precious Metals Refining |
Belgium |
Gold |
United Precious Metal Refining, Inc. |
United States |
Gold |
Valcambi SA |
Switzerland |
Gold |
Western Australian Mint trading as The Perth Mint |
Australia |
Gold |
Yokohama Metal Co Ltd |
Japan |
Tantalum |
Conghua Tantalum and Niobium Smeltry |
China |
Tantalum |
Exotech Inc. |
United States |
Tantalum |
F&X Electro-Materials Ltd. |
China |
Tantalum |
Global Advanced Metals Aizu |
Japan |
Tantalum |
Global Advanced Metals Boyertown |
United States |
Tantalum |
H.C. Starck Co., Ltd. |
Thailand |
Tantalum |
H.C. Starck GmbH Goslar |
Germany |
Tantalum |
H.C. Starck GmbH Laufenburg |
Germany |
Tantalum |
H.C. Starck Hermsdorf GmbH |
Germany |
Tantalum |
H.C. Starck Inc. |
United States |
Tantalum |
H.C. Starck Ltd. |
Japan |
Tantalum |
H.C. Starck Smelting GmbH & Co.KG |
Germany |
Tantalum |
Jiujiang Tanbre Co., Ltd. |
China |
Tantalum |
Mitsui Mining & Smelting |
Japan |
Tantalum |
Ningxia Orient Tantalum Industry Co., Ltd. |
China |
Tantalum |
Solikamsk Metal Works |
Russian Federation |
Tantalum |
Taki Chemicals |
Japan |
Tantalum |
Ulba |
Kazakhstan |
Tin |
Alpha |
United States |
Tin |
China Tin Group Co., Ltd. |
China |
Tin |
Cooper Santa |
Brazil |
Tin |
CV Serumpun Sebalai |
Indonesia |
Tin |
CV United Smelting |
Indonesia |
Tin |
EM Vinto |
Bolivia |
Tin |
Fenix Metals |
Poland |
Tin |
Gejiu Non-Ferrous Metal Processing Co. Ltd. |
China |
Tin |
Magnu's Minerais Metais e Ligas LTDA |
Brazil |
Tin |
Malaysia Smelting Corporation (MSC) |
Malaysia |
Tin |
Metallo Chimique |
Belgium |
Tin |
Mineração Taboca S.A. |
Brazil |
14
Tin |
Minsur |
Peru |
Tin |
OMSA |
Bolivia |
Tin |
PT Artha Cipta Langgeng |
Indonesia |
Tin |
PT Bangka Putra Karya |
Indonesia |
Tin |
PT Bangka Tin Industry |
Indonesia |
Tin |
PT Belitung Industri Sejahtera |
Indonesia |
Tin |
PT Bukit Timah |
Indonesia |
Tin |
PT DS Jaya Abadi |
Indonesia |
Tin |
PT Eunindo Usaha Mandiri |
Indonesia |
Tin |
PT Karimun Mining |
Indonesia |
Tin |
PT Mitra Stania Prima |
Indonesia |
Tin |
PT Prima Timah Utama |
Indonesia |
Tin |
PT Refined Bangka Tin |
Indonesia |
Tin |
PT Sariwiguna Binasentosa |
Indonesia |
Tin |
PT Tambang Timah |
Indonesia |
Tin |
PT Timah (Persero), Tbk |
Indonesia |
Tin |
PT Tinindo Inter Nusa |
Indonesia |
Tin |
Rui Da Hung |
Taiwan |
Tin |
Soft Metais, Ltda. |
Brazil |
Tin |
Thaisarco |
Thailand |
Tin |
White Solder Metalurgia e Mineração Ltda. |
Brazil |
Tin |
Yunnan Chengfeng Non-ferrous Metals Co.,Ltd. |
China |
Tin |
Yunnan Tin Company, Ltd. |
China |
Tungsten |
A.L.M.T. Corp. |
Japan |
Tungsten |
Chenzhou Diamond Tungsten Products Co., Ltd. |
China |
Tungsten |
Chongyi Zhangyuan Tungsten Co Ltd |
China |
Tungsten |
Ganzhou Huaxing Tungsten Products Co., Ltd. |
China |
Tungsten |
Ganzhou Seadragon W & Mo Co., Ltd. |
China |
Tungsten |
Global Tungsten & Powders Corp. |
United States |
Tungsten |
Guangdong Xianglu Tungsten Industry Co., Ltd. |
China |
Tungsten |
H.C. Starck GmbH |
Germany |
Tungsten |
H.C. Starck Smelting GmbH & Co.KG |
Germany |
Tungsten |
Hunan Chunchang Nonferrous Metals Co., Ltd. |
China |
Tungsten |
Kennametal Huntsville |
United States |
Tungsten |
Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC |
Vietnam |
Tungsten |
Wolfram Company CJSC |
Russian Federation |
Tungsten |
Xiamen Tungsten (H.C.) Co., Ltd. |
China |
Tungsten |
Xiamen Tungsten Co., Ltd. |
China |
Tungsten |
Global Tungsten & Powders Corp. |
United States |
15
TABLE 4
Category B and Category C Products
Smelters Reported to be in Supply Chain
The RCOI producing this data began October 1, 2013, and continued into the second reporting year. The smelter set below was derived primarily by December 19, 2014, with periodic revision based upon validation due diligence through March 4, 2015. Approximately 70% of supply chain reported.
Metal |
Standard Smelter Name |
Smelter Location Country |
Gold |
Aida Chemical Industries Co. Ltd. |
Japan |
Gold |
Allgemeine Gold-und Silberscheideanstalt A.G. |
Germany |
Gold |
Almalyk Mining and Metallurgical Complex (AMMC) |
Uzbekistan |
Gold |
AngloGold Ashanti Córrego do Sítio Minerção |
Brazil |
Gold |
Argor-Heraeus SA |
Switzerland |
Gold |
Asahi Pretec Corporation |
Japan |
Gold |
Asaka Riken Co Ltd |
Japan |
Gold |
Atasay Kuyumculuk Sanayi Ve Ticaret A.S. |
Turkey |
Gold |
Aurubis AG |
Germany |
Gold |
Bangko Sentral ng Pilipinas (Central Bank of the Philippines) |
Philippines |
Gold |
Bauer Walser AG |
Germany |
Gold |
Boliden AB |
Sweden |
Gold |
C. Hafner GmbH + Co. KG |
Germany |
Gold |
Caridad |
Mexico |
Gold |
CCR Refinery - Glencore Canada Corporation |
Canada |
Gold |
Cendres & Métaux SA |
Switzerland |
Gold |
Chimet S.p.A. |
Italy |
Gold |
Colt Refining |
United States |
Gold |
Daejin Indus Co. Ltd |
Korea, Republic Of |
Gold |
Daye Non-Ferrous Metals Mining Ltd. |
China |
Gold |
Do Sung Corporation |
Korea, Republic Of |
Gold |
Doduco |
Germany |
Gold |
Dowa |
Japan |
Gold |
Eco-System Recycling Co., Ltd. |
Japan |
Gold |
FSE Novosibirsk Refinery |
Russian Federation |
Gold |
Gansu Seemine Material Hi-Tech Co Ltd |
China |
Gold |
Geib Refining |
United States |
Gold |
Guangdong Jinding Gold Limited |
China |
Gold |
Hangzhou Fuchunjiang Smelting Co., Ltd. |
China |
Gold |
Heimerle + Meule GmbH |
Germany |
16
Gold |
Heraeus Ltd. Hong Kong |
China |
Gold |
Heraeus Precious Metals GmbH |
Germany |
Gold |
Hunan Chenzhou Mining Industry Group |
China |
Gold |
Hwasung CJ Co. Ltd |
Korea, Republic Of |
Gold |
Inner Mongolia Qiankun Gold and Silver Refinery Share Company Limited |
China |
Gold |
Ishifuku Metal Industry Co., Ltd. |
Japan |
Gold |
Istanbul Gold Refinery |
Turkey |
Gold |
Japan Mint |
Japan |
Gold |
Jiangxi Copper Company Limited |
China |
Gold |
Johnson Matthey Inc. |
United States |
Gold |
Johnson Matthey Ltd. |
Canada |
Gold |
JSC Ekaterinburg Non-Ferrous Metal Processing Plant |
Russian Federation |
Gold |
JSC Uralelectromed |
Russian Federation |
Gold |
JX Nippon Mining & Metals Co., Ltd. |
Japan |
Gold |
Kazzinc Ltd |
Kazakhstan |
Gold |
Kennecott Utah Copper LLC |
United States |
Gold |
Kojima Chemicals Co., Ltd |
Japan |
Gold |
Korea Metal Co. Ltd |
Korea, Republic Of |
Gold |
Kyrgyzaltyn JSC |
Kyrgyzstan |
Gold |
L' azurde Company For Jewelry |
Saudi Arabia |
Gold |
Lingbao Gold Co., Ltd. |
China |
Gold |
Lingbao Jinyuan Tonghui Refinery Co. Ltd. |
China |
Gold |
LS-NIKKO Copper Inc. |
Korea, Republic Of |
Gold |
Luoyang Zijin Yinhui Metal Smelt Co Ltd |
China |
Gold |
Materion |
United States |
Gold |
Matsuda Sangyo Co., Ltd. |
Japan |
Gold |
Met-Mex Peñoles, S.A. |
Mexico |
Gold |
Metalor Technologies (Hong Kong) Ltd |
China |
Gold |
Metalor Technologies (Singapore) Pte. Ltd. |
Singapore |
Gold |
Metalor Technologies (Suzhou) Ltd. |
China |
Gold |
Metalor Technologies SA |
Switzerland |
Gold |
Metalor USA Refining Corporation |
United States |
Gold |
Mitsubishi Materials Corporation |
Japan |
Gold |
Mitsui Mining and Smelting Co., Ltd. |
Japan |
Gold |
Morris and Watson |
New Zealand |
Gold |
Moscow Special Alloys Processing Plant |
Russian Federation |
Gold |
Nadir Metal Rafineri San. Ve Tic. A.ª. |
Turkey |
Gold |
Navoi Mining and Metallurgical Combinat |
Uzbekistan |
Gold |
Nihon Material Co. LTD |
Japan |
Gold |
Ohio Precious Metals, LLC |
United States |
Gold |
Ohura Precious Metal Industry Co., Ltd |
Japan |
17
Gold |
OJSC “The Gulidov Krasnoyarsk Non-Ferrous Metals Plant” (OJSC Krastvetmet) |
Russian Federation |
Gold |
OJSC Kolyma Refinery |
Russian Federation |
Gold |
PAMP SA |
Switzerland |
Gold |
Penglai Penggang Gold Industry Co Ltd |
China |
Gold |
Prioksky Plant of Non-Ferrous Metals |
Russian Federation |
Gold |
PT Aneka Tambang (Persero) Tbk |
Indonesia |
Gold |
PX Précinox SA |
Switzerland |
Gold |
Rand Refinery (Pty) Ltd |
South Africa |
Gold |
Royal Canadian Mint |
Canada |
Gold |
Sabin Metal Corp. |
United States |
Gold |
Samduck Precious Metals |
Korea, Republic Of |
Gold |
SAMWON METALS Corp. |
Korea, Republic Of |
Gold |
Schone Edelmetaal |
Netherlands |
Gold |
SEMPSA Joyería Platería SA |
Spain |
Gold |
Shandong Tarzan Bio-Gold Industry Co., Ltd. |
China |
Gold |
Shandong Zhaojin Gold & Silver Refinery Co. Ltd |
China |
Gold |
Shenzhen Zhonghenglong Real Industry Co., Ltd. |
China |
Gold |
So Accurate Group, Inc. |
United States |
Gold |
SOE Shyolkovsky Factory of Secondary Precious Metals |
Russian Federation |
Gold |
Solar Applied Materials Technology Corp. |
Taiwan |
Gold |
Sumitomo Metal Mining Co., Ltd. |
Japan |
Gold |
Tanaka Kikinzoku Kogyo K.K. |
Japan |
Gold |
The Great Wall Gold and Silver Refinery of China |
China |
Gold |
The Hutti Gold Company |
India |
Gold |
The Refinery of Shandong Gold Mining Co. Ltd |
China |
Gold |
Tokuriki Honten Co., Ltd |
Japan |
Gold |
Tongling nonferrous Metals Group Co.,Ltd |
China |
Gold |
Torecom |
Korea, Republic Of |
Gold |
Umicore Brasil Ltda |
Brazil |
Gold |
Umicore Precious Metals Thailand |
Thailand |
Gold |
Umicore SA Business Unit Precious Metals Refining |
Belgium |
Gold |
United Precious Metal Refining, Inc. |
United States |
Gold |
Valcambi SA |
Switzerland |
Gold |
Western Australian Mint trading as The Perth Mint |
Australia |
Gold |
Yamamoto Precious Metal Co., Ltd. |
Japan |
Gold |
Yantai Guodasafina High-Tech Environmental Refinery Co. Ltd. |
China |
Gold |
Yokohama Metal Co Ltd |
Japan |
Gold |
Yunnan Copper Industry Co Ltd |
China |
Gold |
Zhongyuan Gold Smelter of Zhongjin Gold Corporation |
China |
Gold |
Zijin Mining Group Co. Ltd |
China |
Tantalum |
Changsha South Tantalum Niobium Co., Ltd. |
China |
Tantalum |
Conghua Tantalum and Niobium Smeltry |
China |
18
Tantalum |
Duoluoshan |
China |
Tantalum |
Exotech Inc. |
United States |
Tantalum |
F&X Electro-Materials Ltd. |
China |
Tantalum |
Global Advanced Metals Aizu |
Japan |
Tantalum |
Global Advanced Metals Boyertown |
United States |
Tantalum |
Guangdong Zhiyuan New Material Co., Ltd. |
China |
Tantalum |
H.C. Starck Co., Ltd. |
Thailand |
Tantalum |
H.C. Starck GmbH Goslar |
Germany |
Tantalum |
H.C. Starck GmbH Laufenburg |
Germany |
Tantalum |
H.C. Starck Hermsdorf GmbH |
Germany |
Tantalum |
H.C. Starck Inc. |
United States |
Tantalum |
H.C. Starck Ltd. |
Japan |
Tantalum |
H.C. Starck Smelting GmbH & Co.KG |
Germany |
Tantalum |
Hengyang King Xing Lifeng New Materials Co., Ltd. |
China |
Tantalum |
Hi-Temp |
United States |
Tantalum |
JiuJiang JinXin Nonferrous Metals Co., Ltd. |
China |
Tantalum |
Jiujiang Tanbre Co., Ltd. |
China |
Tantalum |
Kemet Blue Metals |
Mexico |
Tantalum |
Kemet Blue Powder |
United States |
Tantalum |
King-Tan Tantalum Industry Ltd |
China |
Tantalum |
LSM Brasil S.A. |
Brazil |
Tantalum |
Metallurgical Products India (Pvt.) Ltd. |
India |
Tantalum |
Mineração Taboca S.A. |
Brazil |
Tantalum |
Mitsui Mining & Smelting |
Japan |
Tantalum |
Molycorp Silmet A.S. |
Estonia |
Tantalum |
Ningxia Orient Tantalum Industry |
China |
Tantalum |
Plansee SE Liezen |
Austria |
Tantalum |
Plansee SE Reutte |
Austria |
Tantalum |
QuantumClean |
United States |
Tantalum |
RFH Tantalum Smeltry Co., Ltd |
China |
Tantalum |
Solikamsk Metal Works |
Russian Federation |
Tantalum |
Taki Chemicals |
Japan |
Tantalum |
Telex |
United States |
Tantalum |
Ulba |
Kazakhstan |
Tantalum |
Yichun Jin Yang Rare Metal Co., Ltd |
China |
Tantalum |
Zhuzhou Cement Carbide |
China |
Tin |
Alpha |
United States |
Tin |
China Rare Metal Materials Company |
China |
Tin |
China Tin Group Co., Ltd. |
China |
Tin |
CNMC (Guangxi) PGMA Co. Ltd. |
China |
Tin |
Cooper Santa |
Brazil |
Tin |
CV Serumpun Sebalai |
Indonesia |
Tin |
CV United Smelting |
Indonesia |
19
Tin |
Dowa |
Japan |
Tin |
EM Vinto |
Bolivia |
Tin |
Estanho de Rondônia S.A. |
Brazil |
Tin |
Feinhütte Halsbrücke GmbH |
Germany |
Tin |
Fenix Metals |
Poland |
Tin |
Gejiu Jinye Mineral Co., Ltd. |
China |
Tin |
Gejiu Kai Meng Industry and Trade LLC |
China |
Tin |
Gejiu Non-Ferrous Metal Processing Co. Ltd. |
China |
Tin |
Gejiu Zi-Li |
China |
Tin |
Huichang Jinshunda Tin Co. Ltd |
China |
Tin |
Linwu Xianggui Smelter Co |
China |
Tin |
Magnu's Minerais Metais e Ligas LTDA |
Brazil |
Tin |
Malaysia Smelting Corporation. |
Malaysia |
Tin |
Melt Metais e Ligas S/A |
Brazil |
Tin |
Metallic Resources Inc. |
United States |
Tin |
Metallo Chimique |
Belgium |
Tin |
Mineração Taboca S.A. |
Brazil |
Tin |
Minsur |
Peru |
Tin |
Mitsubishi Materials Corporation |
Japan |
Tin |
Nankang Nanshan Tin Manufactory Ltd. |
China |
Tin |
Nghe Tinh Non-Ferrous Metal |
Vietnam |
Tin |
Novosibirsk Integrated Tin Works |
Russian Federation |
Tin |
O.M. Manufacturing Philippines, Inc. |
Philippines |
Tin |
O.M. Manufacturing (Thailand) Co., Ltd. |
Thailand |
Tin |
OMSA |
Bolivia |
Tin |
PT Artha Cipta Langgeng |
Indonesia |
Tin |
PT Babel Inti Perkasa |
Indonesia |
Tin |
PT Bangka Putra Karya |
Indonesia |
Tin |
PT Bangka Tin Industry |
Indonesia |
Tin |
PT Belitung Industri Sejahtera |
Indonesia |
Tin |
PT Bukit Timah |
Indonesia |
Tin |
PT DS Jaya Abadi |
Indonesia |
Tin |
PT Eunindo Usaha Mandiri |
Indonesia |
Tin |
PT Karimun Mining |
Indonesia |
Tin |
PT Mitra Stania Prima |
Indonesia |
Tin |
PT Prima Timah Utama |
Indonesia |
Tin |
PT Refined Bangka Tin |
Indonesia |
Tin |
PT Sariwiguna Binasentosa |
Indonesia |
Tin |
PT Stanindo Inti Perkasa |
Indonesia |
Tin |
PT Tambang Timah |
Indonesia |
Tin |
PT Timah (Persero), Tbk |
Indonesia |
Tin |
PT Tinindo Inter Nusa |
Indonesia |
Tin |
Rui Da Hung |
Taiwan |
20
Tin |
Soft Metais, Ltda. |
Brazil |
Tin |
Thaisarco |
Thailand |
Tin |
VQB Mineral and Trading Group JSC |
Vietnam |
Tin |
White Solder Metalurgia e Mineração Ltda. |
Brazil |
Tin |
Yunnan Chengfeng Non-ferrous Metals Co.,Ltd. |
China |
Tin |
Yunnan Tin Company, Ltd. |
China |
Tungsten |
A.L.M.T. Corp. |
Japan |
Tungsten |
Chenzhou Diamond Tungsten Products Co., Ltd. |
China |
Tungsten |
Chongyi Zhangyuan Tungsten Co Ltd |
China |
Tungsten |
Dayu Weiliang Tungsten Co., Ltd. |
China |
Tungsten |
Fujian Jinxin Tungsten Co., Ltd. |
China |
Tungsten |
Ganzhou Huaxing Tungsten Products Co., Ltd. |
China |
Tungsten |
Ganzhou Jiangwu Ferrotungsten Co., Ltd. |
China |
Tungsten |
Ganzhou Non-ferrous Metals Smelting Co., Ltd. |
China |
Tungsten |
Ganzhou Seadragon W & Mo Co., Ltd. |
China |
Tungsten |
Global Tungsten & Powders Corp. |
United States |
Tungsten |
Guangdong Xianglu Tungsten Industry Co., Ltd. |
China |
Tungsten |
H.C. Starck GmbH |
Germany |
Tungsten |
H.C. Starck Smelting GmbH & Co.KG |
Germany |
Tungsten |
Hunan Chenzhou Mining Group Co |
China |
Tungsten |
Hunan Chunchang Nonferrous Metals Co., Ltd. |
China |
Tungsten |
Japan New Metals Co Ltd |
Japan |
Tungsten |
Jiangxi Gan Bei Tungsten Co., Ltd. |
China |
Tungsten |
Jiangxi Minmetals Gao'an Non-ferrous Metals Co., Ltd. |
China |
Tungsten |
Jiangxi Tonggu Non-ferrous Metallurgical & Chemical Co., Ltd. |
China |
Tungsten |
Jiangxi Xinsheng Tungsten Industry Co., Ltd. |
China |
Tungsten |
Jiangxi Yaosheng Tungsten Co., Ltd. |
China |
Tungsten |
Kennametal Fallon |
United States |
Tungsten |
Kennametal Huntsville |
United States |
Tungsten |
Malipo Haiyu Tungsten Co., Ltd. |
China |
Tungsten |
Nui Phao H.C. Starck Tungsten Chemicals Manufacturing LLC |
Vietnam |
Tungsten |
Tejing (Vietnam) Tungsten Co., Ltd. |
Vietnam |
Tungsten |
Vietnam Youngsun Tungsten Industry Co., Ltd |
Vietnam |
Tungsten |
Wolfram Bergbau und Hütten AG |
Austria |
Tungsten |
Wolfram Company CJSC |
Russian Federation |
Tungsten |
Xiamen Tungsten (H.C.) Co., Ltd. |
China |
Tungsten |
Xiamen Tungsten Co., Ltd. |
China |
Tungsten |
Xinhai Rendan Shaoguan Tungsten Co., Ltd. |
China |
21
Table 5
Countries of Origin
Australia |
Italy |
Saudi Arabia |
Austria |
Japan |
Singapore |
Belgium |
Korea, Republic of |
South Africa |
Bolivia |
Kazakhstan |
Spain |
Brazil |
Kyrgyzstan |
Sweden |
Canada |
Malaysia |
Switzerland |
Chile |
Mexico |
Taiwan |
China |
Netherlands |
Tanzania |
Democratic Republic of Congo |
New Zealand |
Thailand |
Estonia |
Peru |
Turkey |
Germany |
Philippines |
Uzbekistan |
Hong Kong |
Poland |
Vietnam |
India |
Russian Federation |
United States |
Indonesia |
Rwanda |
22
Caution Concerning Forward-Looking Statements
This Conflict Minerals Report contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include the statements that we are working toward a goal to ensure our products are manufactured and/or sourced from socially responsible supply chains, that we plan to engage with any of our suppliers whom we have reason to believe are supplying us with 3TG from sources that support conflict in the DRC and the steps set forth in Section 5 that we intend to take to improve the due diligence conducted. We also use words such as "anticipate," "believe," "plan," "expect," "future," "intend" and similar expressions to identify forward-looking statements. All forward-looking statements involve risk and uncertainty. Our actual results could differ materially from the results anticipated in these forward-looking statements for a number of reasons including changes in our supply chain, our ability or inability to obtain an adequate supply of materials from current or alternative suppliers and the cost of such materials, the level of cooperation we receive from our suppliers with respect to our further due diligence, changes in regulations in the U.S. or other countries (including the Covered Countries), or changes in political or economic conditions in the U.S. or other countries (including the Covered Countries). For a detailed discussion of these and other risk factors, please refer to Microchip's filings on forms 10-K and 10-Q. You can obtain copies of Forms 10-K and 10-Q and other relevant documents for free at Microchip's website (www.microchip.com) or the SEC's website (www.sec.gov) or from commercial document retrieval services. Forward-looking statements are based on our current expectations and assumptions, which may not prove to be accurate. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. You should not place undue reliance on these forward-looking statements. We disclaim any obligation to update information contained in any forward-looking statement.
23