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ASEM will be investing USD300 million over a period of 5 years to expand its production floor space, procure advanced equipment, and train and develop more engineering talent. The new facility announced today is scheduled to be completed in 2025 and will create 2,700 additional job opportunities for the local market

ASE Breaks Ground on New Chip Assembly and Testing Facility in Penang, Malaysia

Advanced Semiconductor Engineering, Inc. (ASE, a member of ASE Technology Holding Inc, NYSE: ASX, TWSE: 3711) hosted a groundbreaking ceremony today for the construction of a new semiconductor assembly and testing facility in Penang, Malaysia. The new facility at ASE Malaysia (ASEM) will comprise 2 buildings (Plants 4 and 5) with a built-up area of 982,000 square feet, located in the Bayan Lepas Free Industrial Zone

By AP News
Published - Nov 10, 2022, 02:05 AM ET
Last Updated - Apr 23, 2024, 03:12 PM EDT

PENANG, Malaysia--(BUSINESS WIRE)--Nov 10, 2022--

Advanced Semiconductor Engineering, Inc. (ASE, a member of ASE Technology Holding Inc, NYSE: ASX, TWSE: 3711) hosted a groundbreaking ceremony today for the construction of a new semiconductor assembly and testing facility in Penang, Malaysia. The new facility at ASE Malaysia (ASEM) will comprise 2 buildings (Plants 4 and 5) with a built-up area of 982,000 square feet, located in the Bayan Lepas Free Industrial Zone.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221109006137/en/

Reference Image of ASE Malaysia (ASEM) new buildings (Plants 4 and 5) with a built-up area of 982,000 square feet, located in the Bayan Lepas Free Industrial Zone. (Photo: Business Wire)

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