# ASE to acquire Infineon's backend plants in Philippines and South Korea

Advanced Semiconductor Engineering (ASE) plans to acquire Infineon's backend assembly and testing facilities in the Philippines and South Korea for over NT$2.1 billion (US$66.37 million).

- Type: Acquisition
- Announced: 2024-02-26
- Where: Philippines and South Korea, Philippines
- Value: $66.4M
- Status: announced
- Products: backend assembly and testing services
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Advanced Semiconductor Engineering](https://endata.com/companies/19708.md) (acquirer)
- [Infineon](https://endata.com/companies/22833.md) (target)

## Sources

- [digitimes.com](https://www.digitimes.com/news/a20240226PD202/ase-acquisition-infineon-philippines-south-korea.html), 2024-02-26: "Taiwanese OSAT leader Advanced Semiconductor Engineering (ASE) has recently announced its plan to bolster overseas production by acquiring Infineon's backend assembly and testing facilities in the Philippines and South Korea for over NT$2.1 billion (US$66.37 million)."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.