ASE obtains 25% SPIL shares, from TW

ChinaDigi Times — Advanced Semiconductor Engineering (ASE) announced on September 22 it has purchased 25% shares of Siliconware Precision Industries (SPIL), achieving its acquisition goal. As of the expiration of the offer at 3:30 pm Taiwan time and 1:30 am New York City time on September 22, 2015, a total of 1,147,898,165 shares had been validly tendered, representing approximately 36.83% of the issued and outstanding share capital of SPIL, according to ASE.

SPIL looks to effective results of SiP packaging development with Foxconn

TaiwanDigi Times — Siliconware Precision Industries (SPIL) expects its strategic partnership with Foxconn Electronics for developing SiP (system-in-package) packaging technology to begin bearing fruit within one year, according to company chairman Bough Lin. SPIL recently announced plans to form a strategic alliance with Foxconn, which will become the largest shareholder of the IC backend firm through share swaps.