ASE Chungli to expand its production facility, create more jobs

ASE Technology Holding Co., the world's largest IC packaging and testing services provider, has begun work on a NT$30 billion (US$1.0 billion) expansion of its facilities in Taoyuan's Zhongli District.

ASE broke ground on the planned second phase of the Zhongli complex Friday, with the company saying it aimed to complete work on the expansion in the third quarter of 2024.

Speaking with reporters, Chen Tien-ssu, president of the Zhongli plant, said ASE Technology planned to spend NT$10 billion on building construction and NT$20 billion on acquiring and installing state-of-the-art production equipment focused on automation, smart manufacturing, and energy efficiency.

According to ASE Technology, the new facilities in Zhongli will be involved in producing advanced IC packaging and testing technologies such as wire bonding, flip-chip packaging, and wafer-level packaging.

The new investment is expected to raise sales generated from the Zhongli plant by more than NT$20 billion a year to NT$100 billion, as well as create 2,000 new jobs, Chen said.

Chen said the existing Zhongli facilities, home to around 12,000 workers, were currently operating at full capacity in the wake of solid demand for high-performance computing, automotive electronics, 5G, and Internet of Things devices.

Despite industry reports of scaled-backed orders and rising inventories, Chen said he expected the Zhongli plant to continue operating at full capacity through the end of this year.

In addition to Zhongli, ASE Technology has production lines in Kaohsiung, as well as overseas in China, South Korea, Japan, Malaysia, Singapore, and Japan. -Central News Agency

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