ASE Technology Holding to purchase plant in Kaohsiung

Taiwan-based IC packaging and testing services provider ASE Technology Holding Co (日月光投控) yesterday said it has agreed to buy a plant in Kaohsiung from radio frequency chipmaker Win Semiconductors Corp (穩懋) to expand its advanced IC assembly capacity.

To meet rising demand for high-end IC assembly services amid an artificial intelligence (AI) boom, ASE Technology said it would spend NT$6.5 billion (US$216.48 million) to buy the plant and related facilities in Kaohsiung’s Lujhu District (路竹) inside the Southern Taiwan Science Park, a company filing with the Taiwan Stock Exchange said.