Conflict Mineral Management

The USA adopted the Dodd-Frank Wall Street Reform and Consumer Protection Act- Section 1502 in 2010 in the hope to solve the problems of bloody conflict between armed forces in the People’s Republic of Congo and surrounding countries that acquire financial support by utilizing the exploitation and transaction of conflict minerals. Hence, the Responsible Business Alliance (RBA; the former EICC) and the Global e-Sustainability Initiative (GeSI) develop the “Conflict-free Smelter Program” (CFSP) and ask their members and suppliers to investigate and disclose the source of ores including gold (Au), tantalum (Ta), tungsten (W), tin (Sn), cobalt (Co), glimmer (Mica), and other metal substances to avoid using the minerals from the conflict areas.

 

Gold, tungsten, and tin are required materials for the bump and tape manufacturing process of the Company. To fulfill the social responsibility and uphold international justice, the Company establishes the conflict mineral policy and performs written conflict mineral investigation toward the suppliers and subcontractors of related materials as required in the “Supplier Conflict Mineral Management Regulations”. The purchase stops immediately if the smelter is not incorporated in CFS List published on the RBA website.

 

In 2023, the Company performed written conflict mineral investigation toward 17 suppliers and subcontractors of related materials. As the result of the investigation showed, all the materials were not purchased from conflict areas. After analyzing the primary sources of metal materials, we found the following number of smelters: Au: 39 smelters; W: 5 smelters; Sn: 18 smelters. The geographical distribution of the countries where smelters were located is as shown on the below:
Conflict Mineral Policy
 

 

To fulfill the social responsibility and uphold international justice, Chipbond Technology Corporation insists that none of the materials for the production process such as gold, tantalum, tungsten, tin, cobalt, and glimmer is exploited in the conflict areas of the People’s Republic of Congo or surrounding countries, and the Company chooses the material of the suppliers fulfilling the environmental and social responsibilities.The Company guarantees that all the suppliers use non-conflict minerals, and reminds and requests suppliers through investigation to take appropriate actions to ensure that the materials used by the Company do not contain conflict minerals.

 

  

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