‘MORE HARM THAN GOOD’:SPIL said the merger would undermine chip testers and packagers’ competitiveness and trigger an exodus of local raw material suppliers

Taipei Times
Date: Feb 24, 2016
By: Ted Chen and Lisa Wang / Staff reporters

The Fair Trade Commission is to make a ruling on Advanced Semiconductor Engineering’s (ASE, 日月光半導體) takeover bid of rival Siliconware Precision Industries Co (SPIL, 矽品精密) on Wednesday next week at the earliest, the commission said in a statement yesterday.

SPIL has been resisting ASE’s takeover bid, saying that the merger would do more harm than good to Taiwan’s semiconductor supply chain.

“The merger would undermine the competitiveness of Taiwan’s chip testers and packagers,” SPIL said.     [FULL  STORY]