Rubicon Technology announced plans to cease all production activities and shut down its Penang, Malaysia facility. Production activities at the Penang facility are expected to cease by Nov. 30, 2016, with the shutdown of the facility to be completed by the end of the year. The Company’s Malaysia facility has been primarily engaged in producing polished and patterned substrates for the LED market and the decision was made in order for the Company to focus on the optical and industrial sapphire market for the foreseeable future.