ASE and Analog Devices Announce Strategic Collaboration
ASE Technology Holding Co., Ltd. American Depositary Shares (each representing Two Common Shares) (ASX)
Last ase technology holding co., ltd. american depositary shares (each representing two common shares) earnings: 2/7 01:00 am
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Source: Business Wire
ASE plans to purchase ADI’s Penang, Malaysia facility to enhance global supply chain resilience and manufacturing diversityADI and ASE to strengthen collaboration through co-investment and a long-term supply agreement PENANG, Malaysia & WILMINGTON, Mass.--(BUSINESS WIRE)--ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711), and Analog Devices, Inc. (NASDAQ: ADI), today announced strategic joint efforts in Penang, Malaysia with the signing of a binding Memorandum of Understanding.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251021192642/en/Subject to the execution of the definitive transaction documents, ASE intends to purchase 100% of the equity of Analog Devices Sdn. Bhd. and consequently its manufacturing facility in Penang. In addition, ADI and ASE intend to enter into a long-term supply agreement for ASE to provide manufacturing services for ADI. ADI plans to co-invest with ASE in upskilling the Penang facili
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- ASX's page on the SEC website