Flexible Electronics News

Infineon Sells Manufacturing Sites in Philippines, South Korea to ASE

Sale of the two backend manufacturing sites strengthens the strategic partnership of the two companies.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Infineon Technologies AG and ASE Technology Holding Co., Ltd. announced that definitive agreements were signed under which Infineon will sell two backend manufacturing sites, one in Cavite, Philippines and one in Cheonan, South Korea, to two fully owned subsidiaries of ASE, a leading provider of independent semiconductor manufacturing services in assembly and test. The plants currently run under the entity names Infineon Technologies Manufacturing Ltd. – Philippine Branch (Cavite) and Infineo...

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