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Shenzhen Longsys Electronics agreed to acquire 70% equity of Powertech Technology (Suzhou) from Powertech Technology Inc. The deal aims to build a local storage industry chain and enhance Longsys's packaging and testing capabilities.
Yield Engineering Systems (YES) received a volume purchase order for VertaCure XP systems from Powertech Technology Inc. (PTI) for flip chip and wafer-level packaging. The systems will be delivered in the first half of 2021.
Powertech Technology broke ground on a new advanced chip packaging factory in Hsinchu, Taiwan, with an investment of more than NT$50 billion (US$1.68 billion). The plant targets AI, high-performance computing, and connected car applications.
| Site | Largest | Latest |
|---|---|---|
| Hsinchu, TWN | $1.68B | 2018-09-25 |