ASE Technology Expands Capacity with NT$2.79 Billion Investment

ASE Technology Holding’s subsidiaries are significantly expanding production capacity, according to a series of announcements on October 1st. Silhsin Precision Industrial purchased manufacturing equipment from KLA Corporation for NT$1.13 billion. Ring Hsin Technology committed to NT$2.36 billion for factory engineering and another NT$1.06 billion for additional factory engineering. Separately, a subsidiary, Ring Hsin Technology, received board approval to acquire land and buildings in Nantou County for NT$884.75 million.

The equipment purchases and factory projects are slated to support ongoing production and operations. The land and building acquisition is also for operational use. The company determined equipment pricing via comparison and negotiation, while the land acquisition price was based on a professional appraisal valuing the property at NT$705.68 million. No transactions involve related parties.

The combined investments total over NT$2.79 billion, signaling a continued strategic push to bolster manufacturing capabilities. The company's decision to move forward with these investments, including the land purchase contingent on government approval, underscores a commitment to growth despite potential macroeconomic headwinds.