ASE Technology Holding Co (ASE, 日月光投控), the world’s largest integrated circuit (IC) packaging and testing services provider, has taken a step toward investing in Mexico by purchasing a “significant” parcel of land in the country to build a production base.
ASE through its California-based subsidiary ISE Labs Inc said that it has acquired a large plot in Axis 2 Industrial Park, which is located in Tonala, Guadalajara, in western Mexico. Guadalajara is the capital city of the state of Jalisco.
It was a strategic land purchase which demonstrated the company’s long-term commitment to Jalisco and the establishment of a footprint for future expansion in the country, ASE said.
Photo: Grace Hung, Taipei Times
The company’s investments in Jalisco would focus on IC packaging and testing services, ASE said, adding that presence in the Mexican state is expected to help extend its reach globally and penetrate the North American market.
Jalisco accounts for 70 percent of the semiconductor market in Mexico, it said.
The semiconductor industry generates significant value for the economy due to the high-paying jobs required to successfully run operations and continued innovation across the state’s technology sector, it added.
The company’s IC packaging and testing hub in Jalisco is expected to create more than 500 jobs in the first year of its operations, it said, adding that it would work closely with educational institutions to create workforce development initiatives to recruit skilled engineers and technicians.
The Jalisco State Ministry of Economic Development, the Jalisco State Ministry of Innovation, Science and Technology, and the Jalisco State Ministry of Education are to facilitate a strong link between ISE Labs and the region’s educational institutions and chambers of commerce to ensure the recruitment of highly specialized talent for operations, ASE said.
ISE Labs provides a wide range of services, such as test engineering support, production test services, test program development, test interface and reliability test hardware, electrostatic discharge, high power burn-in solutions, environmental testing, mechanical testing and failure analysis.
The company opened a second facility in Silicon Valley in July, increasing its business space to more than 150,000m2 with the new facility in San Jose, California. It also reinforced its commitment to Silicon Valley by expanding its footprint in North America.
ISE Labs’ original Silicon Valley facility in Fremont, California, is to expand its test functions, including automated test equipment and test program development, ASE said.
ISE Labs was set up in Fremont in November 1983 to provide IC testing services.
ASE’s other subsidiary, Universal Scientific Industrial (Shanghai) Co (環旭電子), opened a facility in Jalisco in July to expand its contract industrial and automotive electronics business and to cater to clients in North America.
Real estate agent and property developer JSL Construction & Development Co (愛山林) led the average compensation rankings among companies listed on the Taiwan Stock Exchange (TWSE) last year, while contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) finished 14th. JSL Construction paid its employees total average compensation of NT$4.78 million (US$159,701), down 13.5 percent from a year earlier, but still ahead of the most profitable listed tech giants, including TSMC, TWSE data showed. Last year, the average compensation (which includes salary, overtime, bonuses and allowances) paid by TSMC rose 21.6 percent to reach about NT$3.33 million, lifting its ranking by 10 notches
SEASONAL WEAKNESS: The combined revenue of the top 10 foundries fell 5.4%, but rush orders and China’s subsidies partially offset slowing demand Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) further solidified its dominance in the global wafer foundry business in the first quarter of this year, remaining far ahead of its closest rival, Samsung Electronics Co, TrendForce Corp (集邦科技) said yesterday. TSMC posted US$25.52 billion in sales in the January-to-March period, down 5 percent from the previous quarter, but its market share rose from 67.1 percent the previous quarter to 67.6 percent, TrendForce said in a report. While smartphone-related wafer shipments declined in the first quarter due to seasonal factors, solid demand for artificial intelligence (AI) and high-performance computing (HPC) devices and urgent TV-related orders
Prices of gasoline and diesel products at domestic fuel stations are this week to rise NT$0.2 and NT$0.3 per liter respectively, after international crude oil prices increased last week, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) said yesterday. International crude oil prices last week snapped a two-week losing streak as the geopolitical situation between Russia and Ukraine turned increasingly tense, CPC said in a statement. News that some oil production facilities in Alberta, Canada, were shut down due to wildfires and that US-Iran nuclear talks made no progress also helped push oil prices to a significant weekly gain, Formosa said
MINERAL DIPLOMACY: The Chinese commerce ministry said it approved applications for the export of rare earths in a move that could help ease US-China trade tensions Chinese Vice Premier He Lifeng (何立峰) is today to meet a US delegation for talks in the UK, Beijing announced on Saturday amid a fragile truce in the trade dispute between the two powers. He is to visit the UK from yesterday to Friday at the invitation of the British government, the Chinese Ministry of Foreign Affairs said in a statement. He and US representatives are to cochair the first meeting of the US-China economic and trade consultation mechanism, it said. US President Donald Trump on Friday announced that a new round of trade talks with China would start in London beginning today,