ASE Technology Holding Co., Ltd. acquires Yuanlong Electronics

According to industry insiders, the purpose of ASE's acquisition of Yuanlong Electronics is to promote its business transformation so that it can better adapt to the future AI generation. Yuanlong Electronics has long been focusing on the 6-inch power semiconductor foundry market, but due to fierce market competition, its profitability has been poor. ASE hopes to help Yuanlong Electronics transform its business through this acquisition so that it can better cope with future challenges.