FOR
IMMEDIATE RELEASE
Contact:
ASE
Group
Freddie Liu,
Vice President
Allen Kan,
Manager
Tel:
+886-2-8780-5489
http://www.aseglobal.com
|
AMPI
Samy Fan,
Finance Director
Daniel Peng,
Manager
Tel:
+886-3577-0033
http://www.ampi.com.tw
|
ASE
Signs MOU with AMPI
Strategic
alliance to deliver turnkey services to MOSFET, Power IC and Discrete
customers
Taipei, Taiwan,
R.O.C., February 23, 2009 – Advanced Semiconductor Engineering, Inc. (NYSE: ASX,
TAIEX: 2311, “ASE” or the “Company”) and Advanced Microelectronic Products, Inc.
(TAIEX 6287, “AMPI”) announced today the signing of a memorandum of
understanding (MOU), indicating their intent to enter into a strategic alliance
focused on providing semiconductor manufacturing turnkey services for customers
in the MOSFET, power IC, and discrete markets.
Further intent of
this strategic relationship is to provide seamless manufacturing services to
turnkey customers through the alignment of ASE and AMPI’s IT infrastructures and
systems, co-development of process and product related technologies, as well as
joint marketing programs. In addition, both parties are committed to
the future cooperation in and collaboration on continuous quality improvement,
and enhanced support and services.
“Forming this
strategic alliance with AMPI strengthens ASE’s position while expanding our
footprint in the MOSFET, power IC, and discrete markets,” said Dr. Tien Wu, chief
operating officer, ASE Group. “ASE has significantly escalated our
discrete manufacturing capabilities, and this MOU with AMPI accentuates our
solid commitment to customers seeking a complete turnkey service, as well as
faster time-to-market.”
"We're excited to
form a strategic partnership with ASE, the world's largest provider of
independent semiconductor manufacturing services in assembly and
testing. Working closely together, this MOU will enable both
companies to offer extremely competitive integrated power semiconductor
manufacturing services in terms of cost, time to market, cycle time, and
technology,” said Dr. Hong Yuan Chen, president, AMPI. “AMPI has
recently become a Hong Hai Group invested company and formed strategic alliance
with Advanced Power Electronics Corp (APEC). Hong Hai is the world’s
largest Electronics Manufacturing
Service (EMS)
provider, and APEC is Taiwan’s leading power MOSFET design
house. This further alliance with ASE marks an important milestone
for AMPI, as it marks the completion of our vertically integrated manufacturing
strategy in power semiconductors. Through such vertical alliances
platform, we will offer the most complete, flexible, and customer oriented
‘one-stop’ and value-added services and solutions to our
customers.”
About
ASE Group
The ASE Group is
the world's largest provider of independent semiconductor manufacturing services
in assembly and test. As a global leader geared towards meeting the
industry's ever growing needs for faster, smaller and higher performance chips,
the Group develops and offers a wide portfolio of technology and solutions
including IC test program design, front-end engineering test, wafer probe, wafer
bump, substrate design and supply, wafer level package, flip chip,
system-in-package and final test. ASE Group also provides
electronic manufacturing services through its affiliate, Universal Scientific
Industrial Co Ltd. The Group generated sales revenues of $3 billion
in 2008 and employs over 25,000 people worldwide. For more
information about the ASE Group, visit www.aseglobal.com.
About
AMPI
AMPI (TAIEX: 6287)
is a leader in wafer foundry service for power semiconductors such as power
MOSFET's, IGBT's, power diodes, and power IC's. Through close
partnerships with its customers, AMPI has developed a broad range of
cutting-edge customer-specific process technologies that enable customers'
device designs for applications in computing, consumer electronics, display,
lighting, automotives, energy, communications and industrial
segments. Hon Hai, the world’s largest EMS provider, and Advanced
Power Electronics Corp. (APEC), Taiwan’s leading power semiconductor design
house, are both major shareholders of AMPI. AMPI is located in
Hsin-chu Science Park, Taiwan. For more information about AMPI, visit
www.ampi.com.tw.
Safe
Harbor Notice:
This press release
contains "forward-looking statements" within the meaning of Section 27A of the
United States Securities Act of 1933, as amended, and Section 21E of the United
States Securities Exchange Act of 1934, as amended, including statements
regarding our future results of operations and business
prospects. Although these forward-looking statements, which may
include statements regarding our future results of operations, financial
condition or business prospects, are based on our own information and
information from other sources we believe to be reliable, you should not place
undue reliance on these forward-looking statements, which apply only as of the
date of this press release. The words “anticipate”, “believe”,
“estimate”, “expect”, “intend”, “plan” and similar expressions, as they relate
to us, are intended to identify these forward-looking statements in this press
release. Our actual results of operations, financial condition or
business prospects may differ materially from those expressed or implied in
these forward-looking statements for a variety of reasons, including risks
associated with cyclicality and market conditions in the semiconductor industry;
demand for the outsourced semiconductor packaging and testing services we offer
and for such outsourced services generally; the highly competitive semiconductor
industry; our ability to introduce new packaging, interconnect materials and
testing technologies in order to remain competitive; our ability to successfully
integrate pending and future mergers and acquisitions; international business
activities; our business strategy; general economic and political conditions,
including the recent global financial crisis; possible disruptions in commercial
activities caused by natural or human-induced disasters; our future expansion
plans and capital expenditures; the strained relationship between the Republic
of China and the People’s Republic of China; fluctuations in foreign currency
exchange rates; and other factors. For a discussion of these risks
and other factors, please see the documents we file from time to time with the
Securities and Exchange Commission, including our 2007 Annual Report on Form
20-F filed on June 30, 2008.