ASE to acquire ADI's Penang facility in strategic manufacturing deal

Investing.comTuesday, October 21, 2025 at 8:04:55 AM
ASE to acquire ADI's Penang facility in strategic manufacturing deal
ASE's acquisition of ADI's Penang facility marks a significant step in enhancing its manufacturing capabilities. This strategic move not only strengthens ASE's position in the semiconductor industry but also promises to boost local employment and innovation in the region. Such investments are crucial for maintaining competitive advantage and meeting the growing demand for advanced technology.
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