ASE Technology sells 30% stake in Suzhou ASEN to Tsinghua Unigroup

ASE Technology Holding Co agreed to sell a 30% stake in its Suzhou subsidiary, Suzhou ASEN Semiconductors Co, to Tsinghua Unigroup Ltd for about US$95.33 million.

“The sale aims to build a strategic partnership with Tsinghua Unigroup to help ASE Technology penetrate China’s fast-growing semiconductor market.”taipeitimes.com

• 1 source
• taipeitimes.comASE to sell part of Suzhou stake - Taipei TimesAug 12, 2018

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