DATA I/O CORPORATION

Climate Impact & Sustainability Data (2022)

Committed to giving back to local communities through volunteer and internship programs. Provides employees time-off to volunteer and coordinates group projects. Provides internships to local high school and college students through STEM and technical colleges.

The Company's Board currently includes Data I/O's CEO and four Independent Directors. It is diverse in gender, education, professional experience and differences in viewpoints and skills. We believe we are the only supplier in our industry with a published conflict mineral policy and public company governance. We believe we are the only programming industry supplier with a diverse Board of Directors.

COVID-19 pandemic impacts on customer demand, supply chain, employee safety, business processes, and financial management.
Shanghai facility shutdown for two and a half months due to China's COVID Zero policy.
War in Ukraine's effects on supply chains, shipping, European economic uncertainty, and energy concerns.
Inflation impacting costs.
Tight labor markets, particularly for assembly technicians and software development engineers.
Interest rate hikes impacting capital spending.
Currency changes (strengthening US dollar) negatively impacting revenues.
Semiconductor chip shortages.

Managed business relative to COVID-19 pandemic, adapting to remote work and virtual interactions.
Resilient supply chain model with alternate facilities.
Pricing adjustments to address inflation.
Maintaining and increasing key inventory levels to manage supply chain disruptions.
Enhancing remote service and support capabilities, increased stocking of inventory, and having product production in multiple locations.
Cost control measures.

Climate Change Data