Siliconware Precision Industries Co., Ltd. (SPIL) and Advanced Semiconductor Engineering, Inc. (ASE) plan to implement a joint share exchange to establish ASE Industrial Holding Co., Ltd., making both companies wholly-owned subsidiaries.
China's Ministry of Commerce conditionally cleared Advanced Semiconductor Engineering Inc.'s acquisition of Siliconware Precision Industries Co., Ltd. on 24 November 2017, requiring the parties to hold their businesses separate for 24 months.
Advanced Semiconductor Engineering (ASE) and Siliconware Precision Industries (SPIL) received conditional approval from China's Anti-Monopoly Bureau for their combination, completing all necessary antitrust clearances. The establishment of ASE Industrial Holding Co., Ltd. is expected by end of May 2018.
Advanced Semiconductor Engineering (ASE) and Siliconware Precision Industries (SPIL) have re-filed their merger application with China's Ministry of Commerce (MOFCOM) after withdrawing the previous filing. MOFCOM accepted the re-filing on June 6, 2017.
Advanced Semiconductor Engineering (ASE) received official confirmation from the US Federal Trade Commission that its investigation into the merger with Siliconware Precision Industries (SPIL) has been closed with no further action warranted. The merger, announced June 30, 2016, will create ASE Industrial Holding Co.
Advanced Semiconductor Engineering (ASE) and Siliconware Precision Industries (SPIL) announced that the Taiwan Fair Trade Commission cleared their merger on November 16, 2016. The merger involves a share exchange to form a new holding company.