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ASE Expands its Chip Packaging and Testing Facility to Enable Next-Gen Applications

1. ASE launches new plant in Penang, expanding capacity and smart manufacturing. 2. Facility size increases from 1 million to approximately 3.4 million square feet.

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FAQ

Why Bullish?

ASE's expansion reflects growth potential, which could positively influence investor sentiment in related sectors.

How important is it?

The expansion indicates positive prospects for ASE and possibly affects the broader market landscape, enhancing manufacturing capabilities.

Why Long Term?

The expansion lays the groundwork for sustained growth in ASE's operations and potential regional supply chain improvements.

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ASEAAPLTSM
BAYAN LEPAS, Malaysia--(BUSINESS WIRE)--ASE has officially launched its fifth plant in Penang, which will significantly build on the company's strong packaging and testing capabilities in the Bayan Lepas Free Industrial Zone. The new plant is part of a strategic expansion plan that will expand the floor space of ASE's Malaysia facility from its current area of 1 million square feet to approximately 3.4 million square feet. Today's launch ushers in a new era of smart manufacturing for ASE in Mal.

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