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China lifts restriction on ASE-SPIL merger, can now boost closer cooperation

The Anti-Monopoly Bureau in China has lifted its restrictive conditions on the merger of ASE Technology Holding by Advanced Semiconductor Engineering (ASE) and Siliconware Precision Industries (SPIL), announced by ASE.

The lifted restrictive terms for ASE and SPIL are to maintain their respective independent management, accounting, personnel, pricing, sales, capacity and procurement systems within a specified period of time.

Now that the mentioned restrictions are removed, ASE and SPIL are expected to enter closer cooperation significantly further boosting the synergy and R&D momentum of ASE Technology, according to industry sources.

The notice came from the Mainland China Market Supervision and Administration Bureau's Antimonopoly Bureau on March 25, 2020.

Reports says many wire-bonded packaging orders have returned to their plants in Taiwan thanks to the country's strong performance in battling the coronavirus.

According to the 2019 ranking, ASE is the world's number one company in the semiconductor packaging and test market and SPIL is fourth. 


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