Taipei Times
Date: Sep 19, 2016
By: Lisa Wang / Staff reporter
Siliconware Precision Industries Co (SPIL, 矽品精密) chairman Bough Lin (林文伯) does not plan to retire from the semiconductor industry, despite losing his grip on the company cofounded by his father more than three decades ago.
In the summer of 1984, SPIL started out as a small factory in a three-story building in a Taichung suburb, financed mainly by Lin Chung-li (林鐘隸), Bough Lin’s father.
SPIL was Taiwan’s first chip tester and packager, at the time competing with Texas Instruments Inc and General Electric Co.
Despite its status as the world’s No. 3 chip tester and packager, with an annual revenue of NT$82.84 billion (US$2.61 billion) and a net profit of NT$8.76 billion last year, SPIL was faced with a takeover bid by its bigger rival, Advanced Semiconductor Engineering Inc (ASE, 日月光半導體), in August last year. [FULL STORY]