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Jazz Clarifies Newport Beach Land Plans
An article recently appeared in the Orange County Register regarding
plans for Conexant Systems, Inc. to develop land in Newport Beach.
Although these plans have not yet been determined, they will NOT
affect the long-term future of Jazz or of our fabrication facility.
Our lease on the building that houses the Fab lasts until 2017,
and Jazz has the unilateral right at our sole discretion to further
extend the lease on that building for an additional 10 years beyond
that, to 2027 -- twenty years from now.
Jazz Company Contact
Melinda Jarrell
949/435-8181
melinda.jarrell@jazzsemi.com
Jazz Media Contact
Lauri Julian
949/715-3049
lauri.julian@jazzsemi.com
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