Ase Technology Holding (ADRs) (ASX)

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Ase Technology Holding (ADRs) (ASX) Profile

Ase Technology Holding (ADRs) (ASX.xnys) provides independent semiconductor assembling and test manufacturing services, headquartered in Kaohsiung, Taiwan. Ase Technology develops and offers a wide portfolio of technology and solutions, including IC test program design, front-end engineering test, wafer probe, wafer bump, substrate design and supply, final test, flip chip, wafer-level package, system-in-package, and electronic manufacturing services. Ase Technology is a combination of other companies, including Siliconware Precision Industries Co, Ltd, Advanced Semiconductor Engineering (ASE) Inc, and USI Inc, with operations in China, Taiwan, Japan, Singapore, South Korea, and Malaysia and has offices and service centres in South Korea, China, Japan, Belgium, Singapore, and the United States. Ase Technology stock (ASX.xnys) is listed on the New York Stock Exchange (NYSE), had a market capitalisation of $17.16B (USD) as of January 2022, and $16.98B (USD) in 2020 yearly revenue. At the end of the year 2021, Ase Technologies announced that ASE and Beijing Wise Road Asset Management Co., Ltd. (“Wise Road Capital”) have entered into a Sale and Purchase Agreement by which ASE will sell shares and equity interests in GAPT Holding Limited directly or indirectly hold 100% equity interests in Global Advanced Packaging Test (Hong Kong), Inc., Suzhou ASEN Semiconductors Co., Ltd. ASE (Weihai), and ASE Advanced Semiconductor (Shanghai) Ltd and ASE (Kun Shan) Inc. to Wise Road Capital or its designated affiliate in exchange for cash consideration in an aggregate amount of $1.46B (USD).

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Source - database | Page ID - 17051

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