ASE Holding announced that its subsidiary, SPIL, has resolved to acquire land use rights in the Southern Taiwan Science Park. The 20-year lease involves a total asset value of approximately NT$1.49 billion.
AI Analysis
Frequently Asked Questions
Q: Where is the land located?
A: Zone 12 and Zone 28, Southern Taiwan Science Park in Tainan.
Q: What are the lease terms?
A: 20-year lease at NT$37.59 per square meter per month.
Q: Why was this land acquired?
A: To expand production capacity and support growing demand for advanced packaging.
Q: Who is the counterparty?
A: Southern Science Park Administration, National Science and Technology Council.
Q: What does this mean for the semiconductor industry?
A: Reflects strong backend capacity investment amid rising AI and HPC chip demand.