ASE explained that ASE Embedded Electronics Incorporated will be established in Nanzih Export Processing Zone and have a staff of 150 employees with a total of NT$1.5 billion in capital. ASE will own a 51% stake in the joint venture, while TKD will own a 49% stake.

ASE pointed about that when their technology is combined with TDK's embedded substrate technology, they will have a greater capacity to integrate chips and functionality in smaller-sized substrates, and this will dramatically increase their effectiveness while also satisfying customer requirements. Furthermore, it will also inject a higher added-value into ASE's System in Package (SiP) ecosystem.

(TR/ Phil Sweeney)