ASE invests NT$26bn in new fab

STRIKING WHILE HOT: The Kaohsiung fab, which is to create 2,800 jobs, is part of a greater project to build six fabs in Taiwan in five years, the company said

Taipei Times
Date: Aug 18, 2020
By: Lisa Wang / Staff reporter

From left, Minister of Economic Affairs Wang Mei-hua, ASE Technology Holding Co chief executive officer Tien Wu and Kaohsiung mayor-elect Chen Chi-mai shovel dirt at a groundbreaking ceremony for a new ASE fab, code-named K13, in Kaohsiung yesterday.
Photo: Lee Hui-chou, Taipei Times

ASE Technology Holding Co (ASE, 日月光投控), the world’s biggest chip tester and packager, yesterday said it would invest NT$26 billion (US$880.58 million) in a new fab in Kaohsiung to expand advanced testing and packaging capacity for 5G-related chips.

The new fab, code-named K13, is part of the company’s broader plan to build six fabs in Taiwan within five years, ASE said.

As rapidly developing 5G technology is stimulating demand for semiconductors, ASE said it is stepping up investment and adding advanced technology capacity to capture the “explosive” growth of the supply chain.0

“5G is a new technology, which is to bring explosive growth to businesses. ASE would continue to invest in advanced process technologies and hire research and development experts in Kaohsiung to capitalize on this opportunity for the semiconductor industry,” ASE chief executive officer Tien Wu (吳田玉) said in a statement.    [FULL  STORY]

Leave a Reply

Your email address will not be published. Required fields are marked *

I accept the Privacy Policy

This site uses Akismet to reduce spam. Learn how your comment data is processed.