According to reports, the semiconductor packaging and testing leader ASE announced that it will spend NT$1.325 billion (approximately $45.2 million) to build a factory to expand its IC packaging and testing production line. The new factory is expected to be completed in the third quarter of 2024.

Although ASE has not disclosed the future investment amount of the new factory, the industry estimates that it will be more than NT$10 billion.

According to public information, ASE occupies a 40% market share in the global back-end packaging and testing market. In 2021, its revenue reached NT$569.9 billion, and its operating profit was NT$62.1 billion, an increase of 78% over 2020, exceeding the company's previous expectations.